Alex Noghreh specializes in Real Estate management, development, and investments. His diverse background in property management and finance has enhanced his portfolio. Today, Alex Noghreh has secured joint ventures and partnerships, purchasing and selling over 350 properties totaling over $200,000,000.. Noghreh's acquisitions have allowed him. to dedicate his craft to community development, reviving commercial and residential properties in disrepair. His construction management has renovated properties and market with licensed brokers to end users and investors for retail value returning a sizable profit.. Projects:. Joint ventures and partnerships have purchased and sold over 350 properties totaling over $200 million.. Relationships with a pool of high net worth investors, private lenders, and commercial banks to organize partnerships on various types of real estate transactions and investments.. Raising capital and assembling investors to acquire and purchase properties in little as 10 business days.. Acquisition of commercial and residential properties in disrepair. Renovated properties and market with licensed brokers to end users and investors for retail value returning a sizable profit.. Construction:. New construction single family, multi-family and mixed used properties.. Relationship with multitude of architects and licensed contractors to develop.. Experience with multiple city agencies such as:. NYC Department of Buildings. NYC Department of Transportation. NYS Department of Environmental Conservation. NYC Department of Environmental Protection. Team of in-house contractors specializing in new development and renovations:. Plumbing. Electrical. Carpentry. Tiling. Woof Flooring. HVAC. Masonry. Stucco. Mortgage & REO:. Experience in purchasing over 50 REO’s from various banks on Long Island and NYC Boroughs.. Experience in purchasing mortgage notes from banks and investors.. Work directly with foreclosure attorneys to start or continue foreclosure process on mortgages in default.. Deal directly and empathetically with property owners to find a resolution beneficial both to investors and homeowners. The majority of property owners avoided the foreclosure process and worked out an agreement for a full settlement in exchange for cash for keys and or deed in lieu.. Distressed Properties:. Work directly with property owners to find alternatives to foreclosure.. Coordinate buyers with sellers of distressed properties to facilitate a short sale or in many cases pay off existing mortgage, water bills, real estate taxes and other liens against the property.. Give property owners an opportunity to settle their debt, repair their credit and move forward with their lives instead of being burdened by the threat of foreclosure, default judgments and relentless banks and collection agencies.. Undervalued Properties:. Direct relationship and contact with property owners to cut third-party costs and overhead.. Identifying properties with development potential.. Work directly with architects to plan and obtain approvals for new construction residential, commercial and mixed-use construction.. Work with architects and zoning attorneys to target and maximize development opportunities.. Evaluate and acquire underperforming properties.. Turning around challenged properties based on prior owners mismanagement.. Maximizing market rent, removing non-paying tenants, cutting unnecessary costs and expenses.. Renovating properties to maximize value and repositioning the asset.
