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Corner of second Avenue and 43th Street in Manhattan. Ten story. Price available upon request
The term commercial property (also called commercial real estate, investment or income property) refers to buildings or land intended to generate a profit, either from capital gain or rental income. Commercial property includes office buildings, industrial property, medical centers, hotels, malls, retail stores, farm land, multifamily housing buildings, warehouses, and garages. Residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes.
The main purpose of an office environment is to support its occupants in performing their job—preferably at minimum cost and to maximum satisfaction. With different people performing different tasks and activities, however, it is not always easy to select the right office spaces. To aid decision-making in workplace and office design, one can distinguish three different types of office spaces: work spaces, meeting spaces and support spaces.
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Omer Salem, Managing Director, career has been highlighted by achieving business growth and exceptional performance in the real estate industry. His deep and broad experience in real estate includes significant responsibility and achievement in the areas of investment sales, leasing, acquisition, and mortgage banking in both the United States and overseas markets. Throughout his career, Omer has originated more than $1 billion worth of residential and commercial real estate mortgages. He also traded more than $2 billion of real properties.
Currently, he is a Managing Director at Salem Advisory, LLC – a private real estate firm based in New York City. We provide a full range of services to real estate occupiers, owners, and investors worldwide.
Early in his career, Omer founded and led three successful enterprises. He started a mortgage banking company, which he grew from its inception to $11 million in annual revenues. He established an appraisal and real estate advisory company operating primarily in California and Egypt which leased more than 1 million square feet to a number of the world’s largest and most prestigious multi-national corporations; and a San Francisco advisory firm involved in acquisitions, repositions and leasing. The combination of continued advances in technology and a volatile global economy presents the real estate professional with both opportunity and challenge.
Omer Salem is a licensed real estate broker and member of the Real Estate Board of New York; he holds a Bachelor degree in Engineering from the University of Californian in Berkeley and a Master of Arts from Yale University.
Kevin A. Salem is an international real estate professional with extensive transaction experience in USA and the Middle East. Kevin is an experienced Commercial Real Estate Broker who is able to broker deals with clients all over the country.
Adept at offering relocation services to companies looking to change locations preparing sales agreements for finalization and negotiating deals with commercial clients. Kevin specializes in multi-family, office and industrial space.
Kevin real estate career started in 1988 in Palo Alto, CA where he headed the operations of First Financial Network where he oversaw the hiring and training of twelve mortgage loan professionals in three years. He subsequently moved to mortgage origination and was instrumental in taking the company from an origination of $200 mm annually to more than one billion dollar in origination per year.
Neil Salem, Managing Director, is a mortgage banking executive. Neil is founder and CEO at vreba. He is responsible for enabling operational Excellence across the company and building capabilities for vreba's future growth. Neil is a consumer-centric mortgage professional and real estate broker for over 14 years in Palo alto, CA. He currently serves as Chairperson & Commissioner at the County of Santa Clara Consumer Affairs Commission for over 7 years. He closed thousands of mortgage loan transactions in his career as broker. Neil works with consumers, real estate agents, mortgage banks & lenders in both primary and secondary markets, as well as escrow & title agents since 2002.
As Chief of Operations at University Investments, he managed company and client services which oversaw funding of billions of dollars in mortgage loans; he managed company relationship with nation's leading lenders and secondary market affiliates Fannie Mae and Freddie mac. He provided technology and marketing direction as well as extensive technology training for underwriters and processors. He implemented prudent lending practices which shielded the company against loan repurchases and protected the firm from the biggest down turn in the real estate and loans in 2008 --when others withered & failed due to faulty sub prime lend University Investments thrived.