Category Archives: Real Estate

Looking Into the Contribution of José Auriemo Neto at JHSF

JHSF is a Brazilian company operating under various sectors such as shopping centers, hotels, airports, and real estates. Founded in 1972, the firm focuses on high-income investments and recurring income activities from the investments. The company operates in the United States, Uruguay, and Brazil. It is known to be the first real estate corporation to specialize in recurrent income activities in real estates, shopping malls, airports, hotels, and development of public projects. Throughout its operation, the firm has successfully constructed over 6 million square meters of construction, with a market realization of R$1,20 billion.

The history of JHSF dates back to 1972 when it merged its five operational businesses from Sao Paulo, Salvador, Manaus, Punta del Este, and New York to make the modern corporation. It has four departmental sections; Malls, Hotels & restaurants, incorporations and business airports. Apart from real estates, JHSF has prioritized its operation on development and administration projects such as the Catarina Executive Airport and Fashion Outlet. This has led to a substantial increase in the revenue of the firm. Since 2007, the firm has been open to potential investors with shares sold at the BM & Bovespa’s Novo Mercado.

More about the CEO of JHSF; José Auriemo Neto

José Auriemo Neto is a Brazilian executive serving as the CEO and Chairman of JHSF Participacoes, which focuses on commercial and residential properties in Sao Paulo, Brazil. He has been in the forefront to see the success of the firm in its interest in hotels as well as public office buildings and development projects. He is responsible for the establishment of the firm’s shopping detail which includes the remarkable Cidade Jarding shopping mall in SA, Metro Tucuruvi, Bela Vista and Pontra Negra complexes in Salvador and Manaus.

José Auriemo Neto received his degree from Fundacao Armando Alvares Penteado University in Sao Paulo before joining JHSF in 1993. In 1997, the company established a parking lot management company named Parkbem. As a result of the success of Parkbem, the company decided to venture into shopping centers. José Auriemo Neto was given the mandate to oversee the construction of the first shopping mall, Shopping Santa Cruz, which turned to be a success too.

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How Jose Auriemo Neto has Risen JHSF to New Heights

Developed in 1972, JHSF is a Brazilian-based real estate franchise specializing in residential and commercial industries. Armed with keen insight, JHSF has a firm of understanding of what it takes to get budding organizations off the ground. A forward-thinking corporation, JHSF seeks to identify new opportunities in the industry. Some areas in which the company excels include development, administration, and travel. In fact, JHSF is comprised of four entities that highlight their specific expertise. Said sectors include shopping centers, incorporations, airports, and hotels.

Throughout its history, JHSF has been managed by various industry moguls. Currently, Jose Auriemo Neto is thriving at the helm of operations. Following his college career at Fundação Armando Alvares Penteado, Auriemo Neto began working for JHSF. Given his father’s ongoing involvement in the company, Auriemo Neto had no problem getting his foot in the door. Ascending through the ranks, however, required a set of skills that only Auriemo Neto possessed. After four short years with the company, Auriemo Neto found himself pioneering big ideas. His first novel idea consisted of creating a parking lot management company for JHSF’s group services department.

After successfully executing the task, Auriemo Neto was granted more authority. Cut to 1998, and Auriemo Neto was firing on all cylinders. It was during this period when Auriemo Neto developed the organization’s first shopping destination, the Shopping Santa Cruz. Since his claim to fame, Auriemo Neto’s moved substantial mountains in his domain. One of his more recent ventures included guiding JHSF into the retail sector. His efforts reaped profitable rewards, with JHSF soon after partnering with some of the biggest names in luxury retail. As his career continues to evolve, Jose Auriemo Neto intends to display the same degree of proficiency he continually exhibits.

Investor Adam Milstein

Adam Milstein is an Israel-American stockholder in real estate. He is the manager of Hager Pacific Properties. In collaboration with his wife Gila, Milstein started the Adam and Gila Milstein Family Foundation.

Adam Milstein’s early life.

Adam was born in Israel. His father was a real estate entrepreneur. Adam and his family spent their life in Kiryat Motzkin after settling from Haifa. Adam joined Israel Defense Forces in 1971 as a compulsory service. After serving the Army for several years, he joined the Technion and graduated with a degree in business and economics. While pursuing his university education, Adam used to help his father in developing their real estate business. He later got married to Gila Milstein, and they moved to the United States. After settling in U.S. Milstein achieved his Master of Business Administration degree from the University of PhilanthropistSouthern California. He then worked as a sales agent in a commercial real estate.

Israeli-American Council.

Adam Milstein is a co-founder and chairperson of the Israeli-American Council. He hinted that the organization intends to use the best potentials of Israelis to consolidate the Israeli-American relationship. The organization is very concerned with the uniqueness of the Israelis and the benefits they are giving to the American citizens and the economy as well.

The chairman also said that the organization has two secrets behind its rapid growth. Adam outlined their character as the top secret. He argued that most of the Israeli-American have never abandoned home-country aspects. They practice the same culture and speak the Hebrew language just like the indigenous Israelites. The Israeli-Americans are always grateful Jews. He detailed their love for the Israel state as their second secret. He maintained that they don’t only take Israel as their birth nation but also as the foundation of their history, culture, and strength. He kept that they don’t need any condition for supporting their home country.

Adam Milstein was very categorical in explaining the significance of the formed organizations. He maintained that any organization that intends to drag Israel by making it a destructor instead of a mediator will be losing the objective of the Israeli-American establishments.

José Auriemo Neto And JHSF Built Brazil One Building At A time

José Auriemo Neto, a Brazilian, attended the Fundação Armando Álvares Penteado University in Sao Paulo and is the Chief Executive Officer of JHSF Participacoes SA., (JHSF), a real estate company. JHSF was a family-owned business, which was founded in 1972. Auriemo Neto worked beside his father, Fábio Auriemo, who was then the president of the developer, JHSF.

JHSF and José Auriemo Neto became prosperous, one building at a time. For example, he wanted to convince his father to develop an 80,000 square foot lot to build a deluxe complex. His father demurred, not liking the idea of the development. But Auriemo Neto persisted, and as a result, one the largest complexes in Brazil stands on that vacant 80,000 square feet of land. In the first six months after the complex was completed, JHSF earned R $156 million (Brazilian Real dollars)

Then, Auriemo Neto took on the position of the CEO of JHSF which is based in Sao Paulo, Brazil. JHSF develops and manages high-end shopping malls, upmarket apartments, luxury hotels and an international business airport located in Sao Paulo.

JHSF developed the Shopping Metro Santa Cruz and integrated a public transport network with a private shopping complex. Auriemo Neto developed well-known complexes which include the Iguatemi Shopping complex in Sao Paulo, the General Motors racetrack, the Shopping Metro Santa Cruz, Fasano Hotels and Restaurants, and Shopping Ponta Negra.

Brazil’s urban outlook was changed by José Auriemo Neto and, in part, he has improved New York City. In 2015, he moved his entire family of four children to New York City and managed the construction of a high-rise building on Fifth Avenue, facing Central Park.

José Auriemo Neto has extended his reach beyond the real estate business and has partnered with Brazilian brands such as Reebok Academy, Cinemark, and Montblanc.

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New York City, where the real estate grows ever more luxurious

The real estate market in Manhattan continues its upward climb, hitting 9.5% in the third quarter, year over year. This is a dramatic surge, the highest in seven years. But the growing real estate market is not just the beginner homes market. One in five homes in Brooklyn and Manhattan can be termed luxury, their prices in comparison to the sales averages of the last year being markedly higher.

Town Residential is one of the companies filling the need of the luxury market. The company has focused on luxury residential sales and leasing. The sales statistics show that this a booming field, and Town is determined to be the leader in their industry.

Town believes in the personalized approach, a hand-crafted attention to detail with multiple offices to allow them to aid clients as conveniently as possible. The firm has also been voted one of the Top 50 Best Places to Work in NYC real estate. This is a company that knows how to keep top talent, ensuring the utmost for their clientele.

Manhattan’s rent increases, the median hitting a jaw dropping $3,339, mean the luxury real estate market will only increase. As residents of New York City eye their rent, it only makes sense that the next step will be eyeing the real estate listings. If they can afford the rent, why not use that money to afford the luxurious home they’ve dreamt of? Companies like Town Residential are firm in their desire to become leaders in their fields by serving their clients better than anyone else can. This can only be good for nascent home owners.

Can Boraie Development Be What Atlantic City Needs?

Throughout the 1960s, officials in Atlantic City tried to get the town to grow and thrive. Atlantic City’s housing czar, Pauline Hill, even took apart a whole neighborhood. This made room for commercial development. In the place of this neighborhood, developers pitched a mall and baseball stadium. Some developers even wanted to bring in gondolas. In the end, though, Pauline’s Prairie was all that was left. 

With this $300 million proposal, people all over the Atlantic City area were displaced. The city’s South Inlet section was even destroyed. However, the development plans that the residents were promised never happened. Throughout the next couple of decades, the South Inlet section remained bare. Housing projects started appearing in empty lots. With all of this emptiness, Atlantic City needs some reconstruction. There are plans to reconstruct the city from scratch. In fact, these plans could begin this year. Boraie Development proposed a plan to build a residential complex in Atlantic City. The company even bought the land from the Atlantic City Housing Authority and Urban Redevelopment Agency for $1 million. Besides a residential complex, Boraie Development would also build a movie theater and skating rink.

Boraie Development feels strongly that this is exactly what Atlantic City needs. These development plans will bring in revenue. The complex will work as a catalyst to drive life into the surrounding neighborhood. The South Inlet area will no longer be deserted. While this company wants to make these changes, there is no certainty that it will happen. 

Many plans have collapsed over the years. If this plan collapses, the South Inlet area could remain stagnant. There was a time when Atlantic City was the place to be. Everyone wanted to vacation there. Atlantic City was home to tons of amazing casinos. With all the gambling that was going on, these casinos brought in a lot of revenue. Over the years, though, this definitely wasn’t the case.

Residents of the South Inlet area have a lot of faith that Boraie Development will bring change. This company has what it takes to garner real interest in Atlantic City. New Jersey residents will want to live their lives in Atlantic City. This company has a lot to prove with their proposal plan. There is room for mistakes to be made. However, this company can become the real heroes here. If Boraie Development succeeds, money will finally come pouring into Atlantic City.

Originally posted on Press of Atlantic City