NEW YORK, May 19, 2016 /PRNewswire/ -- Over the course of 15 years, Alex Noghreh has earned a reputation for excellence in the New York City real estate market. His firm managed the purchase and sale of more than 350 properties, collectively totaling over $200 million. This success has been made possible thanks to his strong, trusted relationships with commercial banks, private lenders and high net worth investors. More information on Noghreh's services and expertise is available at http://alexnoghreh.com/.
Noghreh's firm works in all areas of the real estate market, from new construction to the acquisition and renovation of distressed properties. The firm oversees construction of single-family, multi-family and mixed use properties. A team of in-house contractors – plumbers, electricians, carpenters, HVAC, etc. – ensures projects are virtually never delayed. Meanwhile, Noghreh's experience working with all the relevant NYC agencies helps new projects earn fast approval.
Distressed and undervalued properties are a particular area of expertise for Noghreh, as he consistently sees value and opportunities where others do not. The firm takes a hands-on approach, coordinating with all parties to pay off existing mortgage notes and other bills, while also facilitating short sales when necessary. Noghreh believes in giving property owners a chance to move forward with their lives without the terrible burdens that often come with foreclosure.
"I have worked with countless homeowners who were behind on their mortgage, helping them avoid the foreclosure process and preserve their credit," says Noghreh. "Many of these homeowners were honest, working class citizens who were blindsided by the recession and needed a lifeline. By selling their home rather than losing it to foreclosure, these people are often able to buy a house in the future instead of dealing with a possible lifetime of debt and calls from collection agencies."
Noghreh is equally involved with charitable causes throughout the Five Boroughs. He makes annual generous donations to help underprivileged groups and families enjoy Thanksgiving dinner, Christmas and Easter. Likewise, Noghreh works closely with local pastors and community organizers to improve the services available to New York City residents.
Before becoming a full-time real estate investor in 2001, Noghreh worked as a financial analyst with Segal Advisors, and later with JP Morgan Chase. In this role, he developed the relationships and skills that have empowered his success today as a leading real estate investor.
About Alex Noghreh
Alex Noghreh was born Arash David Noghreh on May 4, 1975, in Tehran, Iran to Khalil and Sorour Noghreh. In 1982, he moved to New York with his family. He's the youngest of 4 children. Alex grew up in Great Neck NY and moved to NYC shortly after graduating college in 1997. Alex has been married since June of 2009 and currently lives in Great Neck with two children. He's currently a member of Beth Hadassah Synagogue as well as Chabad of Great Neck.
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SOURCE Alex Noghreh