Jose Auriemo Neto is a Brazilian executive who serves as chief executive officer and chairman of JHSF Participacoes SA. JHSF is a business that deals with commercial and residential real estate in Brazil. Jose Auriemo Neto supervises the company’s hotels, retail and shopping portfolio, and office buildings. JHSF is most prominent real estate company in Brazil. It operates with three capitals and four business units. JHSF also works in upscale hotels, residential and commercial markets, shopping center and acquisition management, and the international airport. It has been operating since 1972, making quite significant profits. Manaus, Salvador, and Sao Paulo all benefit from its businesses.
Some of the buildings Jose Auriemo Neto watches are very prominent in Brazil. In Sao Paulo, Cidade Jardim shopping complex is quite popular. There are also others that include the Bela Vista in Salvador, the Ponta Negra in Manaus, and the Metro Tucuruv. Under Brazils budding economic market, two more developments in the Sao Paulo district are being constructed.Jose Auriemo Neto has directed JHSF’s first endeavor into the retail scene in 2009. He signed first-class partnership contracts with Pucci, Jimmy Choo, and Hermes.
These brands were opened in the JHSF owned Cidade Jadrim shopping center. By 2012, they secured a premier partnership with Valentino. This launched the first R.E.D. Valentino shops in Brazil.Jose Auriemo Neto first started working for JHSF in 1993. He has a degree from Fundacao Armado Alvarez Penteado University. Jose Neto founded the association’s service department by his creation of a parking lot management company. In 1998, he secured the rights for development of JHSFs first shopping destination in Santa Cruz. He then oversaw its development on a regular basis.
New Jersey has always been in New York’s shadow. The state has been the topic of mob connections and gambling adventures. But the state does have some bright spots. The seaside resorts attract millions of sun worshippers during the summer. The economic stability of New Jersey has always been questionable. Governor Chris Christie was supposed to be the economic savior of the state, but he turned out to be more of an economic thorn than a rose. New Brunswick, the home of Rutgers University, is one of those small towns in the state that is trying to attract more business, but it seems that city is getting a taste of the challenges that have plagued New Jersey for years.
The New Brunswick Development Corporation, also known as DEVCO the non-profit corporation, has played a major role in urban real estate development. DEVCO has managed more than $1.6 billion in real estate investments in the state. Devco has a history of successful ventures, but anyone that is familiar with the real estate market knows no developer bats 100 percent when it comes to picking the next best development project.
In 2005, DEVCO was involved in turning the old Heldrich Hotel into a modern hotel and convention. The renovated hotel opened in 2007, but it failed to attract enough guests because of the looming recession that stopped everything for months and the real estate market for years. According to a recent article published by NorthJersey.com, The Middlesex County Improvement Authority failed to make a $1 million payment on the $20 million loan it received to renovate the Heldrich Hotel from Casino Reinvestment Development Authority.
The Casino Reinvestment Development Authority is backed by DEVCO. According to the article, the Improvement Authority has missed several payments over the last five years that total more than $7 million. A spokesman for DEVCO said the CRDA is going to be paid, but it may take a few years.