Hussain Sajwani is listed as the fourth richest entrepreneur in the Middle East. Most of his wealth can be linked to the operations of DAMAC Properties which he created in 2002. DAMAC Owner was born and raised in the Middle East. However, he later moved to the US in pursuit of upper education. He joined the University of Washington where he graduated with a degree in economics and engineering. After completing the studies, he moved back to Emirati where he served as the manager of GASCO which is a subsidiary of the national oil company. After some years, he quit his job and ventured into the hotel and catering industry. He created the Global Logistic Ventures. Based on his contribution in different organizations,. He is defined as being a transformative and committed person.
The Operations of DAMAC Properties
Since the creation of the group in 2002, DAMAC Owner has overseen the delivery of quality products and services. The group has delivered more than 20, 000 units with more than 40 units being under construction. The operations of the group are mainly in the luxury real estate sector and are located in major global destinations such as Lebanon, London, Qatar and Dubai. Moreover, the products are high end and come with financing options. Hussain Sajwani has created an organizational culture that is centered on meeting the needs of the clients and conforming to the ongoing market trends.
The organization is keen on engaging the services of award winning designers and architects. It is worth noting that the clients have different properties to choose from. Available options include hotel rooms, hotel villas and hotel apartments. On the other hand, there is the option of either commercial or residential properties. The products are situated in different parts of the globe and offer the investors huge returns in term of rent and resale value. The success of the group can be attributed to the positive organizational culture by the leaders. They are keen on ensuring the customers and staffs are included in making of critical decisions. There is also the incorporation of competitive technologies in the projects.
From this source: https://www.alaraby.co.uk/economy/2017/7/11/
Adam Milstein has become one of the greatest Israeli-American philanthropist and has earned two awards for his philanthropy work. In 2016, he was named one of the 50 most influential Jews in the world, by the Jerusalem Post. Adam Milstein has gained recognition for his work with the Israeli-American Council and the Milstein Family Foundation. He was just named one of the top 200 philanthropists in the world, determined by his social media presence.
Milstein is best known for his work launching the Israeli-American Council in California. It started out as a local organization that served the Jewish community within Los Angeles region. The council then expanded rapidly all over the country. Currently the Israeli-American Council has reached more than 5 million Jews in the United States and the U.S. is currently home to nearly 500,000 Israeli-American Jews.
Milstein started the Israeli-American Council to create a gateway between Israeli-American Jews to the Jewish State of Israel. It also supports the Jewish state economically and politically. Adam Milstein and his council work to create friendship and peace between Jews and non-Jewish Americans and Israelis.
Milstein was also very influential with his foundation, the Adam and Gila Milstein Family Foundation. The charitable foundation was founded to support other charities and non-profit groups including Prager University, Jerusalem University, Birth Right Isreal, Hasbara Fellowships and AIPAC. The foundation’s main goal is to strengthen and support the Jewish people and the state of Israel. Adam Milstein is also on the board of several Jewish organizations including Birth Right Israel, AIPAC, Jewish Funders Network and Hasbara Fellowships.
Now that people are listening to what Milstein has to say, he is spreading his message and insight through several platforms including with a podcast. His podcast hosts conversations with those on the front lines in the pro-Israel communities. The podcast has hosted a handful of guests investors, authors and Israel’s former Finance Minister. Adam Milstein has had a major impact on the American-Jewish life and the relationship between Jewish-Americans and Israel. Adam Milstein’s prominence has amplified his pro-Israel message across the world. Adam Milstein continues to grow his reach through his foundation.
An illuminating industry report, “The Aggregate,” has been compiled by TOWN Residential, a New York luxury real estate firm. The report is compiled each quarter by utilizing the Manhattan real estate market’s rolling sales date and the New York City Department of Finance’s live Automated City Register Information System (ACRIS) feed. As originally reported on Virtual Strategy Marketing, analysis of Manhattan real estate in the fourth quarter of 2015 reveals several interesting trends:
• The closing of “trophy listings” in newer developments has turned the fall soft patch into an upward blip.
• Year-to-year increase has been 5.2% in average sales prices and 16% in median sales prices overall, with an almost 20% rise in median prices for condos and a 6.4% increase in the average prices for co-ops.
• Increase in media price per square foot was 6.2% and average increase was 8.4%.
• The median price of a one-bedroom condo rose to $1,080,000, while the median price of a two-bedroom condo rose to $2,056,865. Meanwhile NYC Apartments for rent, the median price of a condo with three or more bedrooms topped out at an impressive $4,421,300.
• The median price of a cooperative with three or more bedrooms went up 15% compared to the previous quarter.
• The market looks to be stabilizing going into 2016. Sellers are starting to adjusting their price expectations as compared to the high levels hit earlier this year. This shift in the market should present some good opportunities for buyers.
For additional information on trends in the New York City real estate market, be sure to read the article at Virtual Strategy Marketing.