DAMAC Owner Hussain Sajwani and His Real Estate Empire

Sometimes all it takes for success is a good idea and lots of hard work. Timing enters in as well, as it did for Hussain Sajwani. Young Hussain grew up in Dubai where, as a schoolboy, he helped his father after school with the family variety store business. The hours were long and he related to his father that being a businessman would not be for him when he grew up for that reason.

However, just the opposite came true as Sajwani today is one of the most prominent real estate businessmen in the world. He is the founder and owner of DAMAC Properties, Inc., one of the largest and most successful real estate development and management companies in the Middle East. His advice and business expertise are sought by many all over the world.

Even though Sajwani earned degrees in Economics and Engineering, because he yearned to become a professional man so he would be able to work regular hours, he became one of the most successful entrepreneurs in the Middle East. An early venture was a catering company that sold meals to the US Army during the Gulf Wars, which was a very successful operation. That business is still going strong to this very day.

DAMAC Properties, Inc. was formed in 2002 when the United Arab Emirates allowed foreign buyers to purchase property in the Emirates and take up residence there. DAMAC began purchasing property and Sajwani began his relentless marketing efforts. He was so successful that his first project was completely sold out before any construction even began. His slogan of, “A New Bently Comes with Each Luxury Apartment,” was certainly an attention-getter to the buying public.

Sajwani,  the DAMAC Owner, was careful to pay cash for the land so there would always be a solid foundation for the property. He also kept separate accounting and banking accounts for each project so that each endeavor would stand on its own. This practice proved fortuitous when later, a downturn in real estate occurred.

Today, DAMAC is a family-run business with properties from London, Paris, the UAE and projects on the drawing board for other Middle Eastern locations. Sajwani has come a long way from the days of working for his father, and he has become one of the most successful businessmen in the world.

Follow Hussain:
Instagram: @hussainsajwani
Twitter: @hussainsajwani

The Outstanding Legacy of Fortress Principal, Peter Briger

Peter Briger is an alumnus of Princeton University where he graduated with bachelor’s degree before joining Pennsylvania University for Masters in Business Administration. Despite joining another institution for postgraduate studies, he has remained an important person in Princeton University. Briger has played a paramount function towards the progress of the university’s entrepreneurship fund. The fund was established to help fresh graduates from Princeton University to establish startups where they can establish themselves as prominent business persons in the society. It is important to highlight that Peter Briger is an essential contributor to the Enterprise Fund for the Princeton Alumni (AEF). The funds contributed accumulates to a certain level upon which they are distributed among the youngest alumni to start investment opportunities and actualize their dreams.

The fund is a great attraction to the institution as many individuals have a solid foundation where they can pursue their vision and build their career paths immediately after they graduate. The financial career path of Peter Briger has been full of challenges but he has eaten all the odds and proved that all is possible through hard work and determination. He has worked tenaciously to ensure that he has achieved his dreams of occupying the top positions in the giant investment companies in the industry. For instance, Briger is the current co-Chairman of the Board of Directors at Fortress Investment Group. He had also been involved in various managerial functionalities while at the Goldman Sachs Banks where his investment career began.

Besides that, Peter has astonished the other companies in the industry for his outstanding performance and management of operations at Fortress Group. First, he was the man behind the company declaring its first Initial Public Offer. This was a very risky and bold move that required deep scenario analysis to ensure that the continuity and productivity of the company were safe. Peter Briger was still the same man who catalyzed the transformation of Fortress Investment Group so that it could start managing a variety of asset strategies. This was a tactical decision that led to the diversification of the company’s asset portfolio, an aspect that is quite beneficial to both the company and their clients.

Who Gives More Than Peter Briger?

Who gives more than Peter Briger? Some might donate a little of their time or a little of their money, but Peter Briger does both. He is a billionaire that gives more than he takes.

Billionaire Briger

Inflation will naturally increase the amount of money needed to qualify as wealthy. It used to be that millionaires were a big deal. Now, the top wealth category is billionaire.How many billionaires are there in the world? In 2015, Forbes listed 1,826 billionaires. And where was billionaire Briger on this list?Peter Briger was listed as #968 on Forbes 2008 “Billionaire’s List.” The fortunes of these top producers might change dramatically. Many of them are tied to large corporations, where they own many types of shares.

For Mr. Briger, the Fortress Investment Group was the primary source of his wealth. He had done well for himself at Goldman Sachs, but Fortress was another story. It was the first hedge fund to go public and made a number of billionaires when it was sold to SoftBank. SoftBank wanted to add both physical and human assets. Former Goldman Sachs employees, such as Peter Briger brought a number of key skills and connections with him. He was retained by SoftBank as manager of the Fortress hybrid hedge fund.

Future Princeton Startups

Peter Briger studied at both Princeton and Penn. He has also helped fund a program for Princeton startups. What is better than helping intelligent college graduates, who want to start their own business?This helps creates jobs. It increases the value of a Princeton education. The Princeton Alumni Education Fund (PAEF) makes up to $100,000 available to men and women who want to start their own company. But, if that is not valuable enough, Peter Briger also will mentor some of these future business owners. He gives both his time and his money to help create the next generation of entrepreneurs. The PAEF seeks to create the right mindset in business owners. It can be challenging to bring new products and services to the market. This fund and Mr. Briger help the entrepreneurs discover how to prepare for success. Some billionaires simply bury their wealth at the bottom of some Swiss mountain. Thankfully, billionaire Peter Briger shares his wealth of wisdom and money with the world. Who gives more than Peter Briger?

Kyle Bass: An Opinion on China & America, Even if No One Listens

The Fox Business Network has always had an eye on finances and the economy as a whole. This is why they host all-inclusive interviews, and discuss plans because they may raise awareness regarding the state of the nation and global economy. Recently, on April 15th, one of the host of Fox Business Network sat down with Kyle Bass to have a conversation regarding the economy and Bass’ views.

Who is Kyle Bass?

Kyle Bass is none other than the founder and principal of Hayman Capital Management, L.P. He has been a prominent face of the financial sector in both positive and negative ways. As a business man, especially when referring to his Hayman Capital Management company, he has been a juggernaut. Bass was also the man who predicted the mortgage failure back in 2008. Needless to say, many people trusted his opinion, but then he began to make a few terrible mistakes.

One thing that he is famously hated for is his alliance with Cristina Fernández de Kirchner whose policies have brought Argentina to the ground regarding the country’s finances. Bass has defended her policies, even to the point that most economists labeled his argument ludicrous among other things. Bass has also attempted to defend GM defective airbags fiasco by blaming the dead victims. He went on television saying that they might have been drunk or not wearing a seatbelt, even though it was shown that GM knew about the defect.

Bass’ Opinion, Nonetheless

Still, Bass continues to be a part of the economic debate, and his opinion is till sought after. Bass discussed several things during his interview at Fox like his opinion on China. Kyle Bass believes that China is having a bit of a hard time when it comes to their finances. In fact, he spoke briefly about the 5.8 percent nominal GDP growth that China has seen, which could be called one of the lowest GDP growth in nearly 41 years.

Bass also pointed out that 5.8 million Chinese are leaving the cities and returning to rural counties of the country. In essence, Bass is predicting a recession that could be compared to the recession that the United States had back in 2008.

He also touched on the presidential election and his belief that there will be another small recession in the United States in the tenure of the next president. He believes that Clinton is the best choice for the country but is not astonished by her. He just believes she is better than the rest.

Who knows how many people are listening to him, but he definitely is the kind of man who is not afraid to say what is on his mind.

How Brian Torchin is Improving the Medical Field

One huge problem that most large healthcare and legal facilities face, is high turnover rates, leading to several empty positions that need to have a caring, professional, and driven individuals to fill them. This is where Brian Torchin comes in. In 2007, Brian started Healthcare Recruitment Counselors or HCRC as it is more commonly know. This unique business venture is an open portal that links the right seekers with the right lookers, plain and simple.

While many will look at Brian’s venture and say, “Here’s another staffing agency!” This is far from the case. Torchin goes beyond a standard staffing agency and brings the right candidates to your doorstep. Brian isn’t just trying to fill your opening; he genuinely wants to bring qualified individuals to the company, not just as employees, but as a series of positive growth of directional improvements and hard working people.

Through years of quality driven results and dedication, Brian has left a trail of success in his wake. Find the right people for the right job is how most will see it, but Mr. Torchin looks at it as finding a new member of your growing work family, that can growth and flourish with the company.

Looking into the positions, there is no empty space too small. Whether you’re in need of a front assistant or a physician, Brian Torchin and HCRC staffing is the way to go. This is not a quick placement system. Brian really cares about counseling the right individuals to suit a company’s particular job placement needs.

So what makes Brian Torchin of Healthcare Recruitment Counselors so special? It is more than just a job to Brian. It is a passion that burns so hot, he had to do something about it. Mr, Torchin really does take a personal approach and makes sure your next employee is not only verified but are also qualified candidates that will fit right into your environment.

Understanding how hard it is for medical students to find job placement, Brian reaches out to help tame the stress and frustration that comes with putting yourself out there and getting a career in the healthcare field. They do most of the legwork for you. Know what it means to be a part of a working family and grow with the help of Brian Torchin.  Read more about Brian on Bitsy Link.

Former President and CEO of CCMP Capital, Stephen Murray Passes Away at 52

CCMP Capital has reported that the former president and CEO of the company has passed away at the age of 52. Before his death, he had already left the company premises and relieved his roles due to what the firm described as “health-related” reasons.

Murray had worked for CCMP and predecessor companies since 1989. The firm was once referred to as Chase Capital Partners and later changed its named to JP Morgan Partners when J.P. Morgan purchased it. The company was once the largest private corporation in the world, but the group spun out independently in 2006 and 2007, and Murray got a chance to become CEO succeeding the founder, Jeff Walker.

According to the firm, Stephen Murray worked for the company for roughly 25 years stepped down a month before his death. When Murray resigned his duties, Chairman Greg Brenneman took over his responsibilities. During the sad announcement about Murray’s death, Mr. Brenneman expressed his deepest condolences and prayers to the family of the deceased and referred Murray as former friend and partner.

Mr. Benemann mentioned Murray as one of the founding fathers of CCMP Capital and said he was a terrific investor and dealmaker who spent his time and effort serving in private equity. He stated that the company will remain forever grateful for his contributions to the success of CCMP and its making. Learn more about Stephen Murray CCMP: http://patch.com/connecticut/stamford/stephen-p-murray-52-financial-executive-stamford-resident-vice-chair-boston-college-board-trustees

While the roots of CCMP dates back to 1980s, Mr. Murray joined the firm in 1989 and stayed with CCMP Capital as it went through various transformations and change in ownership until it was able to stand alone in the competitive market (please learn more about Stephen Murray CCMP: http://observer.com/2015/02/this-old-thing-private-equity-honcho-drops-little-place-uptown-for-11m/). In the 1980s, it all started with Chemical Venture Partners as a division of the Chemical Bank.

The next thing was a merger between the holding company Manufactures Hanover Corp. and the Chemical Bank which influenced the merging of Chemical Venture Partners and MH Capital Partners.

Later, Chemical Bank merged with Chase Manhattan Bank making Chase o become part of J.P. Morgan & Co., due to his buyout, the enterprise changed its name to J.P. Morgan Partners.

Stephen Murray was made the head of the buyout business at J.P. Morgan Partners and led the firm through its 2006 spin out. Mr. Murray has made an enormous contribution to the company one of it being the two more multibillion-dollar funds. The latest deal he closed was in September where he gathered $3.6 billion for the enterprise.

Read more:

Ex-CCMP Capital CEO Steve Murray passes away
Stephen P. Murray, 52; Financial Executive; Stamford Resident; Vice Chair Boston College Board of Trustees

 

William Skelley Gets a New Appointment

Investments in the real estate industry are quite different from the rest. They are very profitable, and most of the projects there require a lot of capital, something that is not available for the middle-class investors. The idea of owning shares in real estate investments remains a dream for many people in the world.

However, this is not the case for countries which allow people to collect money online. For countries like the United States of America, people are allowed to come together with one aim of investing then collect money on the internet. The money is then used for investments like real estate, and this is known as crowd funding.

One of the biggest crowdfunding companies in the world is known as iFunding. The company was started several years ago by William Skelley. Since then, people with low incomes have a platform where they can confidently invest their money without any problems. He has a lot of experience in real estate activities after working in the lucrative industry, and this explains why he has managed to take the company in successful place.

Since the introduction of iFunding, people from different parts of the world can get an opportunity to invest and earn a good profit at the end of the day. Since the institution was started years ago, it has managed to accomplish more than forty projects in real estate industries, and all of them have been very successful.

Not long ago, William Skelley got a new appointment. He will now be a member of the Next Generation of Real Estate Leaders, an organization that was recently started by Michael Stoler. The organization is still very new in the market, and this year, on the 27th of January, it managed to have its first annual dinner.

Michael Stoler, the founder of the only invite association, is also quite popular. He is believed to host one of the most popular business television shows in the country. The show comes every week to the television, and it is dedicated to the real estate industry. William Skelley is expected to bring a lot of positive changes in the new organization because of the amount of knowledge has. The rest of the members of the organization are actually from several high real estate companies in the United States. They are men and women with a lot of expertise in the industry, and they are coming together to bring more changes in the lucrative industry.  Follow Skelley’s iFunding blog for background information on what they are trying to do to revolutionize investments.

US Money Reserve President Speaks on Eliminating the Penny

There are many forms of currency out there today. These forms of currency are becoming more obsolete due to the massive amount of credit and debit cards that are in use. The modern age is looking down on physical currency, and there are many who are very upset at the penny.

There is a big movement in the United States where individuals are trying to get the United States to stop manufacturing pennies of the U.S. Reserve incidence. They say that these pennies are costing more to make than they are worth and they costing the government unnecessarily.

There are others who claim that stopping the printing of pennies would greatly disrupt the economy today. They claim that the unbalance from the loss of penny printing would be a ripple effect that would make unnecessary changes in the market.

Philip Diehl, U.S. Money Reserve president is claiming that these changes would not affect the marketplace and the penny should be done away with. Diehl also states that only 25 percent of transactions are done with cash anymore.

In his Cruch Base interview Diehl states that there are very few transactions that would even be affected from the elimination of pennies. Rounding pennies up to the nearest 5 cent would not be something that would make a huge difference. The U.S. government would be able to save money each year not having to print pennies. If the U.S. government were to eliminate the printing of pennies each year the savings would total just over 105 million dollars. This is something that has many individuals in power very interested about this notion that keeps gaining more attention.

About The 990 Company And Its Founder Gregory D. Hague

The 990 Company has a unique program that allows a win-win program in real estate. For a period of not less than 35 years, thousands of real estate agents have used the company’s formula to attract a lot of business and earn very big amounts in percentage commissions. The same program of 990 sells homes ensures that their sellers are able to attract more buyers and in the process, save money that could have gone to commissions. At first, many people do not actually believe that sellers can save on commissions while agents earn commissions that are normal.

The first thing towards the agent making money is by starting marketing aggressively into the community and when home sellers contact, he assures them that he will be in a position to offer them with a 990 Opportunity as an addition to the commissions they are supposed to earn. The homes are then listed with their normal percentage commission and offered the traditional marketing and services. However, they are offered one difference; that is the marketer allowing sellers to be in a position to host their homes open and proceed to charge them a commission of not less than $990 in the event that they get a buyer who is not working with a real estate agent.

With the program, sellers do not sell their own homes. In the event that they find a buyer who is interested and does not have an agent, they simply refer them to the marketer. Another good thing with the program is the fact that it protects cooperative agents. When buyers view their homes and decide to buy, the sales are automatically directed to the marketer who earns a commission as a result. The marketer also earns a full percentage commission on sales made to buyers that are got as a result of his advertising.

Gregory D Hague is an American businessman and a real estate consultant based in Arizona. He is Miami University graduate with a Bachelors of Science degree in 1971. He also received his Juris Doctor degree from the American University Washington College of Law. He received his license to practice law at the age of 26 and a similar one to practice real estate dealings when he was only 18.

Hague is well known for his passion when at work or when he wants to achieve something. In the year 2009, he enrolled for the bar review course at Arizona School of Law and continued to study for not less than 14 hours daily seven days for five months. He received the highest score in the bar exam. He has succeeded in different fields because he is dedicated and focused on what he wants to achieve and goes to any extent to do exactly that.

Brad Reifler Stands Tall with Forefront Income Trust

Brad Reifler has been in the trading world since 1982 when Wikipedia shows he first started up Reifler Trading Co. Since then he has been an active member of several different corporations, ultimately ending up as the CEO of Forefront Management Group back in 2009. As the CEO of Forefront Management he has helped to turn the company into a global force in the financial world of trading. Now Reifler is turning his attention to a new cause: Forefront Income Trust.

For the longest time Reifler and his trading companies have focused primarily on the accredited investors due, primarily, to the fact that they are able to make riskier and higher earning investments. Accredited investors are labeled by the SEC if they meet one of the following qualifications: an accredited investor must have a net worth of at least $1 million, excluding any real estate that is listed as a primary residence. An accredited investor is also someone who makes $200,000 per year or $300,000 per year with a spouse. These numbers are occasionally redefined by the SEC but they don’t tend to get much more lenient.

Brad Reifler knows what it is like to struggle as an investor. Years ago he began investing in public college savings plans. He had put money into 529 different plans that were open to the public. By the time his kids were ready to attend college he had seen his investment drop by 40%, worth less than what he had even put into it. Reifler cites this experience as one of the reasons he decided to start Forefront Income Trust. The other reason was that his father in law failed to properly invest his life savings due to failing to reach the accredited threshold. Reifler had been entrusted with moving his money around and ultimately he had found more walls than open doors.

Forefront Income Trust’s primary goal is to be a safe place for investors to start growing their portfolio. Reifler told reporters that Forefront Income will offer an excellent ‘preferred 8 percent return’ which is pretty rare in the financial world. Investors can get a piece of Forefront Income as long as they can meet the modest threshold of $2,500 as an entry fee. Clients who decide to take advantage of the new company will have the option to withdraw or add money every single quarter. To further mitigate risks in investments, Forefront Income is not correlated with the stock market. This gives investors room for higher growth with lessened risk, ultimately helping the newer traders actually establish themselves. Reifler also points out that Forefront Income Trust will also focus on diversification to help spread risk around in order to help clients. A tidbit that he talks about himself, for anybody getting started with investing.