Jason Halpern is a professional who is highly acknowledged in the real estate development sector. He is based in New York and owns a company that is known as the JMH Development. Halpern acts as the managing director of the firm and has led it in establishing buildings in various American cities. He has developed excellent real estate expertise because his parents ventured in the industry. The businessman kicked off his profession by working at Halpern Enterprise, which is a firm that was created by his father. The primary focus of JMH Development is in the construction of both residential and commercial properties.
Since inception, JMH Development has constructed buildings that are worth about $500 million. The main areas where the firm has established real estate properties include New York, Manhattan, Westchester County, and Miami. It has specialized in renovating old, abandoned structures to become luxurious homes and business spaces. JMH Development understands the importance of historical buildings to communities in the surrounding areas, and therefore, it consults the before beginning development processes.
JMH Development has built significant properties that are considered as landmarks. It redeveloped an old warehouse that was located at 184 Kent into a residential building that comprises of 340 luxurious apartments. The firm also built nine top-notch townhouses in Brooklyn by renovating Townhouses of Cobble Hill. The homes have become among the best in Brooklyn. Another major project of JMH Development was the Aloft South Beach Hotel that the company developed by improving the Ankara Motel.
Besides the establishment of top-notch real estate properties, Jason Halpern donates towards important courses in the community. He is greatly appreciated by the Joel A. Halpern Trauma Center for being one of its top sponsors. The health care facility has been constructed at the Westchester Medical Center and has specialized in offering emergency surgeries. As a Level 1 trauma facility, it deals with neurosurgery, orthopedic surgery, healing of broken limbs, and open-heart surgery. JMH Development has also facilitated initiatives that aim at offering clean water to the people of Nepal and Egypt. It has worked on the project with different non-profit organizations, and more than 650 families have benefited.
Ever since the gold rush back in the 19th century, California has steadily been a popular place for those moving out west seeking a better life. Towards the end of the 20th century, the state witnessed another kind of “gold rush” known as the IT industry or dot com boom. For a while it seemed like anyone who had anything to do with the computer industry was moving out to California. Needless to say, this put a strain on real estate availability and therefore housing costs. The result of all this growth is that California has one of the most expensive real estate costs in the nation and as well as the world. The median price for a house is nearly twice, compared to the rest of the country.
Not surprisingly, the most expensive areas are the cities, such as San Francisco, Los Angeles, San Diego and San Jose. In these areas, housing costs have jumped as high as 75% in the last few years. The situation is so bad that even techies earning a high income have jumped ship and moved way out into the suburbs where the trailer parks are located! Sure, they have much cheaper housing but it can take them as long as two hours to get to work, one way! This is in itself an indication how far things have gone. For all these reasons and more, real estate sales guru Nick Vertucci predicts major changes in the way business is done in the real estate sector for California.
Even though California finds itself in one of its best economic times, Nick Vertucci predicts that changes are on the horizon as far as the law is concerned for the real estate sector. This is because of the simple reason that many people are not happy with the way things are going. Despite the good economy, California also has a high rate of poverty. And these folks simply cannot afford a decent home fairly close to the city. In fact, in a city like San Francisco, a middle-class family is now considered to be low income!
The Brazilian real estate sector is home to world’s top real estate companies. One such firm is JHSF that is headquartered in Sao Paulo. It also has offices in Salvador and Manaus with an international presence in the United States and Uruguay. JHSF is one of the most innovative in the industry as evidenced in its pioneering in hotel operations. Other operations of the firm are development and management of malls, corporations, and an executive airport. It is also very actively involved in high-end commercial and residential properties.
JHSF is unprecedented when it comes to spotting new market opportunities. The company draws this capability from the 45 years it has been in operations. Under the able management of Jose AuriemoNeto, it has recently spotted areas that are most profitable. These areas are those that bring recurring income for the firm. They include managing world-renowned shopping malls, such as CidadeJardim located in Sao Paulo. Other malls include Salvador-based BelaBista, Sao Roque-based CatarinaFashion outlet, and Manaus-based Ponta Negra shopping mall. JHSF has over the years entered into several strategic partnerships to bring high-end properties into the market. They include Valentino and Hermes, Pucci and Jimmy Choo, and Hotel Fasano.
Besides investing in real estate, JHSF has ventured in other sectors that complement the real estate operations. The industries include the energy industry that it operates under the subsidiary, SusnetaEnergia. This company supplies energy solutions at a subsidized rate to the real estate industry. These solutions include energy management, strategic support, and asset leasing services. JHSF has also invested in telecommunications through its subsidiary, Susneta Telecom. This firm offers the shopping malls and corporation sectors with telecommunication solutions. To know more click here.
JHSF has grown its operations to an unmatched level to be recognized in prestigious awards. One of the firm’s buildings created by Daniel Libeskind was voted as one of the three best in the world by American Architects.
About Jose AuriemoNeto
Jose AuriemoNeto has been a key player throughout his tenure at JHSF. He joined the firm in 1993 and worked in different capacities to his current role of the chief executive officer.
Jose AuriemoNeto attended leading universities like the FAAP and FASE. He studied engineering and business administration.