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JHSF Participacaoes has become one of Brazil’s most prominent real estate development firms. Founded in 1972 by family patriarch Fabio Auriemo, the firm has grown from humble beginnings into an international power player in the global real estate market. Having built highly awarded properties all across Brazil, the firm has worked with some of the greatest architects in the world, bringing to fruition incredibly ambitious projects that have enjoyed phenomenal success. The company has been instrumental in bringing Brazil into the ranks of the most coveted global luxury markets.

Today, the company is run by Fabio Auriemos’ son, Jose AuriemoNeto. Under the leadership of Jose AuriemoNeto, the company has rocketed from a merely mid-sized real estate development firm to one of the largest in the country. It has pursued a number of strategic acquisitions and has taken on some daring developments, proving that Brazil has the market and the resources, including human capital, to build projects on a scale only seen in the top real estate markets in the world to learn more: click here.

Since 2004, the year in which company built the now famous flagship complex, ParqueCidadeJardim, the company has done nothing but experience steady growth. By 2007, AuriemoNeto decided that it was time to take the company public. In one of the first offerings of its kind, the company was listed on Bovespa, the Brazilian stock market, in an IPO valued at more than $100 million. Just one decade later, the company has a market capitalization in excess of $1.3 billion. This remarkable growth reflects the faith that the market has in AuriemoNeto’s leadership and his ability to bring some of the most ambitious projects in the history of Brazilian real estate development to fruition.

One of the major tenants of AuriemoNeto’s strategic vision is the acquisition of high-end properties, including hotel chains, shopping malls and residential condominium complexes. In following this strategy, AuriemoNeto finalized the purchase of the Fasano hotel chain in 2014. This means that JHSF Participacaoes is now not only one of the largest developers of hotels in Brazil, but it is also currently one of the largest owners and operators of luxury hotels in Brazil and throughout Latin America.

Arena Mineirão, a sports arena constructed by Construcap, has been awarded the Lead Platinum Certification Seal. This seal certifies the work followed sustainable construction principles. Along with the arena at the University of Texas, Arena Mineirão is one of only two sports arenas in the world to hold this designation.

This seal is rewarded by the US Green Building Council. A builder who seeks the seal must register before beginning the project, and several principals and actions must be followed in order to be rewarded. The criteria on that must be followed include responsible use of water, energy efficiency, recycling/reuse of materials, using locally based workers, technological innovation, and the quality of indoor environments.

Construcap explained some of the details in meeting the required levels of sustainability. Air circulation and conditioning were made more efficient, leading to lower ongoing energy usage. Also built into the stadium is a system to capture and store rainwater, which is used in the toilets and urinals of the stadium as well as irrigation of the field. The arena on YouTube also has solar panels, which generate enough electricity to power 1,200 homes. There is also a system built in to make sure there is adequate collection and disposal of waste, and to have 90% of it recycled.

Construcap is a company that operates in the Buildings, Industrial, and Infrastructure segments. Construcap is among the ten largest construction companies in Brazil and is a recognized leader. The company was founded in 1944 and operates in both the public and private markets on Some of their major works include Santos Dumont Airport, Solomon’s Temple, the São Paulo Metro, and the Subway of São Paulo.

Jason Halpern is one of New York’s premiere real estate developers. Halpern comes from a real estate development company that has been constructing and managing properties for more than 50 years. The Halpern family has been responsible for building hundreds of residential facilities in New York City and Westchester County. Halpern has also built millions of square feet of commercial space in Westchester county. The Halpern family prides itself on the personal touch they provide each customer they work with. Halpern has completed projects totaling over $500 million since 2007.


Halpern’s specialty is building in historic districts. While many may have difficulty in building in historic districts, Jason Halpern succeeds in building in these areas because he is sensitive to the historically significant properties, in which he develops.


Along with being a top real estate developer, Jason Halpern gives a lot of his time to charity work within his community. Halpern has invested most of his time with the Joel A Halpern Trauma Center, center offering open-heart surgery services and offers care for burn victims and those with life-threatening injuries as well. Halpern has also launched charity initiatives, including one partnering with a global water non-profit group, dedicated to bringing clean, safe water to hundreds of Ethiopian and Nealese people. Halpern has recently spent time building homes for Habitat for Humanity and plans to continue take yearly trips to build houses.

Daniel de la Vega, Aviv Siso, Laura Garcia, Louis Buckworth, Jason Halpern, & Thomas Juul-Hansen

Daniel de la Vega, Aviv Siso, Laura Garcia, Louis Buckworth, Jason Halpern, & Thomas Juul-Hansen

Halpern took over the family real estate business in 2010 and have invested $500 million in New York based projects, including converting a warehouse into a luxury apartment complex. Jason Halpern also built several townhouses in the greater Brooklyn community. Halpern recently converted a Brooklyn cinema into luxury condos.


Halpern recently launched a project in South Florida, Halpern is constructing a luxury condominium near Miami Beach, with an expected opening March 2017. Jason Halpern is well versed in all aspects of development and construction process. Jason Halpern just recently reached a deal giving him the opportunity to convert the Wild Turkey bourbon warehouse in Pennsylvania into condos. Halpern is planning a hotel project on a site in Long Island City.


The New York City real estate market has remained incredibly hot and this has led to an rather high subscription of new development units, as has been seen in a report that just came out regarding Brooklyn and in Manhattan. These reports have shown that the demand for apartments is not only high but it is also accelerating in recent months putting further pressure on those seeking apartments.

Manhattan has a record absorption rate on new apartments that are in development. An absorption rate is calculated by the Real Estate Board of New York and it represents the amount of time that it takes before an apartment in development is claimed from the market. Typically speaking, in a healthy real estate market, the length of time is estimated to be 6 to 9 months of time. With the demand for new apartments in New York, the absorption rate for apartments is approximately 3 to 4 months, depending on the part of Manhattan.

This shows the incredible demand for apartments in Manhattan and emphasizes the benefits of using a highly qualified real estate agency like Town Real Estate which has extensive experience in dealing with not only new apartments but also existing locations.

In Brooklyn, the situation is similar with new development units being snatched up quickly and before they ever go to market. Half of the new development units in Brooklyn are currently sold and this quick movements in these units has put additional pressure on the pricing of units in the market. Only 550 units new development units remain in Brooklyn as of November 2015, which have put additional pressure on the pricing of units.

All of these factors have placed an added burden on those who are seeking apartments in Brooklyn or Manhattan and have added to the importance of using an real estate agent that can help you to find the right apartments. New development units are particularly difficult to locate with their shortage but also because a buyer must have good contacts with apartment developers and a solid resume when applying for an apartment. Town Real Estate can help you on both fronts and make sure that your application package is designed to improve your chances of getting the apartment that you are looking for and helping you to locate units when they are first available so that you can quickly find a place that fits your needs.