The Wasseem and Sam Boraie Named leaders in return on investment.

New Jersey Business magazine’s 2022 Commercial Real Estate Power 50 list includes brothers Wasseem and Sam Boraie as leaders in return on investment. Regarding New Jersey’s real estate market, the Boraie family is a name that needs no introduction. The Boraie family has been honored by NJBIZ, a business newspaper located in New Jersey, for their accomplishments for the sector and the state at large.

The luxury high-rise The Aspire in New Brunswick and the 23-story mixed-use skyscraper One Riverview in Newark have been developed mainly by Boraie Development, a prominent real estate development firm. Vice President Wasseem Boraie has played a crucial role in steering Boraie Development’s revitalization of Atlantic City. The Boraie family’s dedication to urban renewal is displayed in their $120 million project, The Beach at South Inlet, which has 250 premium residences.

Several generations of the Boraie family have worked in New Jersey’s real estate market. Wasseem Boraie’s dad, Omar, launched the firm in 1972, intending to revitalize New Brunswick’s central business district. The family’s efforts throughout the years have contributed to the growth and development of the state’s economy, creating many jobs.

Wasseem Boraie has played a pivotal role in the growth of the family business, helping his father and brothers establish a strong foundation. Wasseem is active in the community beyond his job at Boraie Development. He serves on the boards of various organizations, including Elijah’s Promise and the Big Data Advisory Board at Rutgers University.

In conclusion, NJBIZ has acknowledged the Boraie family’s dedication to bolstering New Jersey’s economy via real estate development. The Boraies are in a solid position to make further investments because of their commitment to urban renewal and economic growth.