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Sam Boraie – Visionary Real Estate Developer & Philanthropist

Boraie Development LLC offers a wide variety of services focusing on all aspects of the urban real estate industry. The Team with Sam Boraie as Vice-President, while giving unrivalled service to their clients is dedicated towards building outstanding properties.

Sam Boraie is a visionary, phenomenal businessman, and philanthropist. The 73 year old real estate mogul and entrepreneur is regarded as a town hero in the New Brunswick community of New Jersey.

Boraie Development LLC deals in property management, real estate development, and sales/marketing. The Company works with financial institutions, contractors and architects to ensure project completion.

Real Estate Development

Boraie Development LLC operates as real estate Company. They offer speciality services that are focused on all areas related to the urban real estate sector such as Property Management, Development, and Sales & Marketing. The Company is based in New Brunswick although services extend across New Jersey to places like Newark and Atlantic City.

Boraie Development’s 30 year track record in development has made them among the most sought New Jersey developers. The goal is to create projects that are attractive to residents, tenants, and financial partners.

Boraie Development in New Brunswick

As Boraie nears completing his latest New Brunswick project, a high-rise deluxe luxury residential located in the city’s heart called The Aspire, in his view, the vision he had 4 decades for New Brunswick continues to taking shape.

The 25-storeies Aspire is the tallest New Brunswick building and has 40,000 sq-ft of office space, 121 residential units, 10,000 sq-ft of retail space, and a 400-space parking garage together with outdoor space suitable for barbeque and walking your dog.

Boraie’s next project is going to be the Albany Street Tower Three. This will be a mixed-use building that will have 150,000 square feet of space.

Read more: At Two Extremes of a Housing Market

Property Management

An important part of Boraie Development LLC’s overall strategy is managing their properties. This enables the Company, over time, to create additional value for their assets. Their properties are maintained with exceptional detail and physical improvements are undertaken continuously. Part of the functions undertaken by Boraie Development LLC’s Property Management wing include administration, accounting, marketing, leasing, maintenance, and customer service.

Through Boraie Realty subsidiary, the Sales Division has seamlessly integrated Property Management with Development to better understand the key intricate residential and commercial factors that determine local sales. Boraie Realty has successfully sold in excess of $150 million in terms of both commercial and residential transactions. See: http://www.boraie.com/

Boraie thePhilanthropist

As a respected community-minded philanthropist, not only is Sam Boraie a trustee on the Board of Trustees for the historical State Theater in New Brunswick but his Boraie Development is an active supporting partner, contributing towards sustaining the theatre’s education and artistic and programs.

Sam Boraie is also on Elija’s Promise Advisory Board where he is helping in promoting the mission of the non-profit of providing the hungry with nutritious meals and providing New Brunswick with food service training. Boraie was recently named by Rutgers as Chair in Genomic Science.

Conclusion

Formally a trained chemist in Egypt, Boraie came to the US in 1970 for his doctorate studies where he discovered his passion for real estate. Sam never returned to the lab and now with his three grown children is working as one of the most successful Brunswick real estate developers with vast philanthropic interests.

Follow Sam Boraie on Crunchbase
Read more about Sam Boraie on Intelius

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