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My Tevfik Arif Doyen expert blog 0585
Wednesday, 9 October 2019
Tevfik Arif

Born in Kazakhstan, Tevfik Arif is a Additional reading world-renowned real estate developer. Arif studied international economics at the Moscow Institute of Trade & Economics. After leaving university Arif Politics href="https://www.hotels.com/ho676434/condos-at-bayrock-2-sosua-dominican-republic/">Bayrock - Tevfik Arif,Donald Trump served as chief economist and deputy head follow this link of the Hotel Management Department at the Soviet Ministry of Commerce & Trade

After the break-up of the USSR, Tevfik Arif began his career in property management.

Tevfik Arif has held a number of positions during his illustrious Tevfik Arif career, including that of chief economist and deputy director of the Ministry’s Department of Hotel Management in the former Soviet Union

Content Source:

https://kazakhbusinessbulletin.wordpress.com/kazakh-businessman/tevfik-arif/


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Thursday, 3 October 2019
Establishing allies in business and politics: Tevfik Arif, Kanat Saudabayev, Hillary Clinton, Rudy Guiliani, Tamir Sapir and Donald Trump

Entrepreneur Tevfik Arif has successfully forged strategic alliances with prominent business and political leaders across the world to build a thriving global enterprise.

Tevfik Arif was born in 1953 to a Turkish family living in the former Soviet Union. He was the second son in a family of four boys. Arif’s childhood is somewhat of a mystery, as he preferred to keep this part of his life private. What is known to some is his early years positively shaped his personal character and work ethic to become the successful business leader he is today.

Arif honed his business and negotiating skills at the Moscow Institute of Trade and Economics where he earned a bachelor’s degree in international relations. His education would propel him into an illustrious career as a public servant and businessman.

Public Service Shapes a Young Arif

Arif began his career as a civil servant in the former Soviet Union. During his 17 years of service to the government, Arif held in a number of distinguished positions, first as the chief economist and later earning a promotion to the position of deputy head of the Hotel Management Department, a division of the Ministry of Commerce and Trade. While working for the Ministry, Arif improved the hospitality industry with excellent services provided by many hotels.

Arif resigned from his position in the government ministry in 1991 to pursue a career in the private sector. His former position in the government provided the opportunity to network and collaborate with several business leaders and private companies and utilize these connections to diversify his business interests. Drawing upon his education and growing professional experience, Arif was able to quickly establish himself as a successful business entrepreneur.

Arif Enters the Private Sector

After the fall of the Soviet Union, Arif and his brother became the owners of a chromium plant, Akytyubinsk Chromium Chemicals Plant (ACCP), located in the newly independent country of Kazakhstan. As a businessman operating in a new market, Arif made it a priority to establish connections within the world of business and politics.

He created working relationships with prominent businessmen and investors including Patokh Chodiev and Alijan Ibragimov, who became leaders in metal and raw material operations during the privatization of industry in Kazakhstan. Arif also formed critical connections with influential political leaders in Kazakhstan and Turkey, including Kanat Saudabayev, the current Secretary of State of Kazakhstan who is responsible for strengthening Kazakh-US relations.

Tevfik Arif also founded the Specialty Chemicals Trading Company that specialized in importing and exporting metals and raw materials. Arif later worked in Kazakhstan as a representative for Trans World Group, a commodity trading company founded by David and Simon Reuben, continuing his efforts to build important allies in the world of business. His industrious work ethic and ability to navigate complex business deals helped to transform the company into the world’s third-largest aluminum producer.

In a region of the world rich in natural resources, his business endeavors were prosperous and quickly expanded. Arif had proven himself as an enterprising and skilled business professsional and began reaping the rewards from his successful ventures. His achievements provided him an opportunity to broaden his business holdings.

Arif Expands into the United States Real Estate Market

After successful ventures in raw materials and commodities trading, Tevfik Arif entered the real estate management industry and has since become a world-renowned real estate developer. His early real estate ventures were focused in Turkey, with the development of the luxury Labada Hotel in Antalya, Azerbaijan and Kazakhstan. Finding success in this sector, he decided to expand his property development portfolio to the U.S. market, a natural progression for the savvy entrepreneur.

Arif founded Bayrock Group LLC in 2001 in New York City. From his previous experience entering new markets, Arif understood the value of creating close working relationships with prominent business and political leaders. His perceptive networking and collaboration skills have been an important aspect in all of his business endeavors.

Once Politics established in New York, he made concerted efforts to forge partnerships with members of both the Democratic and Republican political parties in the U.S. Establishing excellent connections with political leaders at the local, state and federal level of government is especially useful for real estate developers, as they are subject to numerous zoning and building regulations. Also, by connecting with government officials on both sides of the political divide, business leaders are able to have access to elected officials, regardless of the party in power

He made it a priority to establish a relationship with Hillary Clinton, who at the time was a Democratic U.S. Senator representing New York, even contributing to her 2008 U.S. presidential campaign. Arif was also introduced to former NYC Mayor Rudy Giuliani and made campaign contributions to the politician’s Republican presidential campaign.

Bayrock Group LLC set up their offices in Trump Tower and developed a working relationship with real estate developer Donald Trump, a world-renowned New York City real estate investor who would later become Real Estate Republican President of the United States.

Bayrock Group LLC Becomes a Leading New York Real Estate Developer

The first project completed by Arif’s new US venture was the development of Loehmann’s Seaport Plaza, a shopping center located in Sheepshead Bay Brooklyn. Bayrock Group partnered with the real estate investment firm Sapir Organization, founded by self-made billionaire Tamir Sapir who emigrated to the US from the former Soviet Union country of Georgia, on the development of a luxury hotel complex called Trump SoHo.

The 391-unit hotel and condominium venture obtained a name licensing agreement with the Trump Organization. All the development and construction of the tower was executed by Bayrock and the Sapir Organization.

Bayrock Group also began development on the Trump International Hotel and Tower in Fort Lauderdale, Florida under a similar licensing agreement. Arif and Bayrock Group’s working relationship with Trump came to an end in 2008 due to the collapse of the housing market. Arif made a sound strategic business decision to divert funding to his remaining investments and interests across the globe.

Building a Business Legacy

After Tevfik Arif establishing himself as a successful, global, business entrepreneur, Tevfik Arif has partially retired from his family’s business dealings. As a shrewd negotiator and effective deal maker, he continues to advise the company on global business strategy and investment. He has also devoted a significant amount of his current time and efforts to philanthropic endeavors.

As a private citizen and formal civil servant, Arif understands the vital importance of community. To support his local community, Arif has contributed financially to Chabad of Port Washington NY, a prominent Jewish community organization located near his home on Long Island in New Tevfik Arif & Donald Trump York. His donation helps to fund the organization’s preschool program, athletic center and other public outreach programs.

Tevfik Arif has always sought to grow global endeavors with a passion for cultures around the world, which has brought him global success and recognition. He Bayrock - Tevfik Arif,Donald Trump has used his diverse cultural background, networking and collaboration skills, an ability to understand the needs of his clients. As well as His keen eye for business strategyhelps build a prosperous international business. The relationships he has built through his business ventures have provided Tevfik Arif many valuable opportunities to expand his business into the thriving global enterprise it is today.

Article Source:

https://augustafreepress.com/establishing-allies-in-business-and-politics-tevfik-arif-kanat-saudabayev-hillary-clinton-rudy-guiliani-tamir-sapir-and-donald-trump/


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Thursday, 26 September 2019
Bayrock Financial and Development Targets $100 Mln for Boston Real Estate Fund

Boston, MA, March 07, 2019 --(PR.com)-- Bayrock Financial and Development Corporation (BAYROCK), a Boston-based real estate investment and development firm, is in the process of raising a new $100 million fund, according to regulatory filings. BAYROCK (no relation to the New York City based Bayrock Group LLC headed by Felix Sater and Donald Trump) has benefited from investor demand Browse around this site for alternative assets such as private equity and real estate, attracted by the high returns they have delivered.

The goal of $100 million was listed on a regulatory filing with the Securities and Exchange Commission on March 1, 2019.

"Boston's real estate market is one of the most thermogenic in the country, with most of that demand coming from renters between the ages of 24 and 35," said Gary J. Kovner, President and CEO. BAYROCK develops new or rehabilitates old residential and commercial properties for rental or for sale. Their aim is to provide out-of-the-ordinary and environmentally friendly places to live and work at reasonable prices and to give their tenants responsive and professional services. "Now that the market's so hot, we're looking to raise more funds and get more people involved," Kovner said.

The firm, which has previously used internal capital, was founded in 2011 under the name Fenway Capital Partners LLC and bought distressed properties in Massachusetts and Florida.

In 2017, the firm rebranded to become Bayrock Financial and Development Corporation.

BAYROCK creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities. The Boston region is without a doubt in the midst of one of its biggest residential building booms in living memory. Most of these proposed and under-construction residences are apartments; and most of those apartments are on the luxury end. In many other markets, apartment building is booming to try to keep up with the demand created by the under-35 crowd, but Boston's apartment pipeline is relatively unhurried compared to the vigorous condominium development. That's driving up rents of the apartments that are going up, and Tevfik Arif in turn driving young families and those 35 and older outside of the Boston and Cambridge metro areas in Tevfik Arif Bayrock search of more affordable housing.

BAYROCK is 100% focused on Tevfik Arif & Donald Trump Single & Multi-tenant Click for more investment opportunities nationally. They intend to solicit high-net-worth individuals and pension funds to join their group as "Development Partners." The objective of the company is to earn an 8 to 10 percent average annual return on its investment activities. They typically make investments in the $5 million to $20 million range and are currently exploring a number of projects in Massachusetts and Florida: cities including Boston, South Boston, East Boston, Salem, Quincy, Brockton, Lynn, Malden, Revere, Saugus, Chelsea, Peabody, Lynnfield, Beverly, Cambridge and Somerville; Daytona Beach, New Smyrna Beach, and Ormond Beach, FL, areas where we have targeted to place capital. There are a number of projects under review that fit the criteria of the company, which includes meeting their goal of making money for their investors as well as fostering economic development in urban areas that may have been ignored by others.

Contact:

Bayrock Financial and Development Corporation

110 Beverly St

Boston, MA 02114-2114

Main Telephone: 781-584-3558

Type of Organization: Private

Investor Relations Contact:

Gary J. Kovner

Phone: 781-264-6704

Email: gary.kovner@bayrock.boston

Article Source:

https://www.pr.com/press-release/779151


Posted by tevfikarifnxya287 at 8:34 AM EDT
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