National Realty Investment Advisors
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Glassdoor has 5 National Realty Investment Advisors reviews submitted anonymously by National Realty Investment Advisors employees. Read employee reviews and ratings on Glassdoor to decide if National Realty Investment Advisors is right for you.
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Building Relationships And Value Through Community
Since our founding in 2000, weve been on a mission to deliver solid, long-term returns on investment for our clients hardworking people whose livelihoods and futures depend on us.
Through our honed, build-to-core strategy, we seek to transform communities through development and redevelopment projects in major U.S. cities to make them more connected, sustainable, vibrant, and prosperous by putting the skills and spirits of local people to work, creating modern, technologically advanced assets, and by providing a range of flexible financing solutions, such as preferred equity, mezzanine debt, senior debt, construction loans and credit enhancements. Our relationships with leading developers give us opportunities to play a role in some of the countrys most recognized projects, while also utilizing our development subsidiarys expertise to develop projects of our own.
We take a patient, long-term investment view, choosing to develop and re-develop properties at various points in the real estate cycle to deliver quality construction always striving to create value for clients and communities.
One Congress
This Nj Firm Promises To Make Clients Rich Is It Too Good To Be True
A nine-month investigation by NJ Advance Media raises troubling questions about NRIAs practices and business connections.JoAnne Coughlin Walsh
The billboards offer an irresistible come-on, the promise of a pristine life on Easy Street.
Realty Investment Done Right one says, alongside an image of a silver-haired couple riding bicycles on the beach.
Note to readers: if you purchase something through one of our affiliate links we may earn a commission.
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Insider National Realty Investment Advisors A Company That Advertises Real Estate Deals On The Radio
Last week, we heard an ad on Bloomberg Radio that advertised an offer that sounded too good to be true:
Low money down real-estate investing with rent guaranteed for 5 years, positive monthly cash flow, and more!
Like many sure-fire investment opportunities advertised over the airwaves, it needed further due diligence.
So we called the advertised number to find out more.According to Google, the number rang a phone in Hoboken, New Jersey. A man with a gruff voice picked up. After asking for our name, he launched into a three-minute, uninterrupted speech. All attempts to ask questions were deflected. “Just give me three minutes then I’ll answer any questions you have.”Here’s how the man on the phone said the deal works:
A company called National Realty manages foreclosure investments in Center City Philadelphia , where it acquires land at “deep discount.” It then builds townhouses on that land at a cost of $350,000 apiece. The townhouses are 100% financed through National Realty. Once the townhouses are built, their value “immediately becomes $450,000”–meaning that, in theory, you’re pocketing $100,000 of profit right away. They say they’ve done 300 houses in the last three years.Once your townhouse is built, you get tenants for the home – “guaranteed.” And the cash flow from rent is “guaranteed” for at least five years. This, the man says, is due to the company’s great relationship with Philadelphia’s most prominent property managers. Sounds great, right?
Director Of Marketing And Investor Relations For National Realty Investment Advisors Llc
Bethany Salzano
Director Of Marketing And Investor Relations
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Director Of Marketing And Investor Relations
Frequently Asked Questions regarding National Realty Investment Advisors, Llc
Where are National Realty Investment Advisors, Llc’s Headquarters?
National Realty Investment Advisors, Llc’s Headquarters are in 1325 Paterson Plank Rd ,Secaucus,New Jersey,United States
What is National Realty Investment Advisors, Llc’s phone number?
National Realty Investment Advisors, Llc’s phone number is +1 201-210-2727
What is National Realty Investment Advisors, Llc’s Revenue?
National Realty Investment Advisors, Llc’s revenue is $1 – 10M
What is National Realty Investment Advisors, Llc’s NAICS code?
National Realty Investment Advisors, Llc’s NAICS code is 531210
How many employees are working in National Realty Investment Advisors, Llc
National Realty Investment Advisors, Llc has 6 employees
What is National Realty Investment Advisors, Llc’s Industry?
National Realty Investment Advisors, Llc is in the industry of Real Estate
Who is National Realty Investment Advisors, Llc’s Director Of Marketing And Investor Relations?
National Realty Investment Advisors, Llc’s Director Of Marketing And Investor Relations is Bethany Salzano
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National Realty Us Construction Break Ground On Ocean Delray Project
The groundbreaking ceremony followed last months announcement that National Realty Investment Advisors and U.S. Construction closed on a $73-million loan from CIM to begin construction on their Ocean Delray development.
DELRAY BEACH, FLNational Realty Investment Advisors and U.S. Construction broke ground last week on their Ocean Delray development project here.
Executives with both development firms were joined by Delray Beach Mayor Shelly Petrolia at the projects official groundbreaking on Nov. 14th.
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Jack Rogers |May 25, 2022
Damac Properties submitted the only bid for the 1.8-acre oceanfront property, where it plans to build a luxury residential tower.
Ingrid Tunberg |June 02, 2022
GlobeSt. Real Estate Forum is seeking professionals, teams and companies that have helped shape the multifamily sector. Submit a candidate for the recognition before the nomination deadline on July 6.
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A Big Builder In Philly Advertises Huge Investor Returns On Radio And Fox News Now The Fbi And Sec Are Tuning In
NRIA’s ads often appear on Fox News. Not disclosed to viewers: The FBI and the U.S. Securities and Exchange Commission, with regulators from three states, are investigating the firm.
National Realty Investment Advisors is known in Philadelphia for the thousand-plus rowhomes it has built for investors to rent out and as the owner of one of the citys biggest development sites, the swath of Delaware River waterfront land where part of a sprawling casino complex was once envisioned.
Outside the city, the Secaucus, N.J.-based firm might be better recognized from its advertising blitz on Fox News Tucker Carlson show and elsewhere that has helped it raise more than half a billion dollars by promising investors market-beating returns from projects up and down the East Coast.
But there is much that NRIA hasnt highlighted in its messaging.
Federal prosecutors have charged a key executive, Thomas Nicholas Salzano, 63, with fraud, saying he used phony loan papers to try to reel in an investor. Salzano helped lead NRIA after he settled with federal regulators in a previous financial fraud.
The FBI and the Securities and Exchange Commission, as well as financial regulators from three states, are investigating the firm. NRIA itself cited those probes in a recent prospectus for potential investors. No criminal charges or civil complaints have been made against the company.
NRIA said it has sold more than $136 million in real estate this year, with more sales in the pipeline.
Found 5 Of Over 5 Reviews
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they do what they say
Cons
not many products to sell
Cool co workers, and free coffee
Cons
Unorganized operations,Very low PTO time
Pros
NRIA is a great company to work at! The employees are all friendly and always willing to help each other out. This is a great intern experience for me I find the pros to be:-Work Environment-Great learning experience-Hours-Great Management Team
Cons
I have not found any cons while working at NRIA.
Pros
Best reasons to work at National Realty Investment Advisors are as follow:- Work environment- Learning environment – Best company for Employees – Work place- Salary Package- Working hours timing
Cons
I didn’t noticed any cons in National Realty Investment Advisors that hurt me. According to me the company is good if are looking to join this company.
Pros
Adam Seth works as Senior Property Investment Advisor at National Realty Investment Advisors, LLC. He has helped hundreds of families and investors in owning luxury investment town-homes at small one-time investment. Get in touch with Adam to learn more about profitable real estate investment opportunities in Philadelphia.
Cons
NRIA offers these benefits to clients in return of a small investment of $11,900 + 100% financing.
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National Realty Investment Advisors Llc
Description
Established in 2006, NRIA has become a nationally recognized real estate investment firm. Today the firm holds a 10-year track record across development, construction management, private equity, capital markets, asset management, and operational expertise. The firm has successfully executed hundreds of construction starts within core urban markets since 2010, and consistently partners with many of the same regional team members to provide a highly-audited, efficient development process within the Philadelphia and NYC markets.With extensive experience executing on a specific product type and plan, the firm makes each sourced opportunity unique. NRIAs cohesive team has broad expertise across development, finance, investment and asset management, and lends full transparency and access to investment partners on current projects, and our pipeline of opportunities. Milestones: Solid 500+ accredited investor network, 700+ construction starts since 2010, $500+ million completed value since 2010, equity multiples averaging 4+x…. and still expanding….
Headquarters: 1325 Paterson Plank Rd , Secaucus, New Jersey, United States
Phone Number: +1 201-210-2727
Legal Name: National Realty Investment Advisors, Llc
National Realty Investment Advisors, Llc’s Social Media
Portfolio Manager Of Real Estate Investment Fund Charged With Using Sham Loan Document To Obtain Money From Investor
NEWARK, N.J. A portfolio manager and senior independent executive advisor at a Secaucus-based real estate fund was charged with using a sham loan document to defraud an investor of hundreds of thousands of dollars, Acting U.S. Attorney Rachael A. Honig announced today.
Thomas Nicholas Salzano, aka Nick Salzano, of Secaucus, New Jersey, was charged by complaint with one count of wire fraud and one count of aggravated identity theft. Salzano appeared by videoconference on March 4, 2021, before U.S. Magistrate Judge Leda Dunn Wettre and was released on a $100,000 unsecured bond.
According to documents filed in this case and statements made in court:
Near the end of 2018, Individual 1 approached Victim 1 about a supposed new opportunity to become a joint venture partner with NRIA in a property in North Bergen, New Jersey, allegedly owned by NRIA. According to Individual 1, the minimum investment was $300,000, and Victim 1 could use her original $150,000 investment in the NRIA fund toward the required $300,000 investment in the North Bergen property.
Victim 1 asked Individual 1 for more information on the North Bergen property. Individual 1 sent Victim 1 materials purporting to show that NRIA intended to obtain a $25 million bank loan on the property. Victim 1 asked for information on the loan. Individual 1 then referred Victim 1 to Salzano.
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With Sec Probe Underway Whistleblower Alleges Fraud At Secaucus
With a U.S. Securities and Exchange Commission probe underway, a whistleblower is alleging that fraud is taking place at Secaucus-based real estate fund National Reality Investment Advisors , which boasts over $1 billion in assets under management.
The record shows, FOIA request prove, that in August 2020 I filed a report with the SEC on a whistleblower statute and filed a report. I was communicating with the chair of the SEC before that, Barry Minkow, 55, exclusively told HCV in a phone interview.
His filed with the SEC said the NRIAs conduct is a fraudulent investment, in particular a Ponzi/pyramid scheme.
NRIA is offering returns that appear to be unparalleled in the industry. Their cost of capital is, for lack of a better term, astronomical. They advertise on a national scale every day for new investors AND they are offering returns ranging from 10% per year paid monthly, he wrote, noting that other commercials made the same claims with 16 and 21 percent.
Minkow later points out that he is not your typical fraud investigator.
I worked with the SEC uncovering frauds mostly from your Los Angeles office with Peter Del Greco. We did numerous cases together. However, I returned to prison for insider trading in 2011 and was released in 2018, the report says.
While he was sentenced to 25 years in prison on charges including racketeering, securities fraud, money laundering, embezzlement, and bank fraud, he ended up serving under seven-and-a-half years.
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Business Profilefornational Realty Investment Advisors Llc
National Realty Investment Advisors, LLC
1 Harmon Plz Fl 9
Secaucus, NJ07094-2804
Government Action: BBB reports on known government actions involving business marketplace conduct:SEC Complaint
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the governments allegations, which have not yet been proven.
On 06/07/2021 the Securities and Exchange Commission charged Thomas Nicholas Salzano, of Secaucus, New Jersey, with using a sham loan document containing a forged signature in a fraudulent attempt to entice a $150,000 investment in a real estate joint venture located in New Jersey.
The SEC’s complaint, filed in federal court for the District of New Jersey, charges Salzano with violations of the antifraud provisions of Sections 17 and of the Securities Act of 1933, and seeks injunctive relief, civil penalties, and an officer and director bar.
In response to these allegations, the business provided the following statement:
“NRIA understands that there is a government investigation underway, arising from an isolated event that took place in 2019. It involves a communication between an independent contractor and a single investor. The isolated event was resolved two years ago, with no loss of investor capitalas has been the case with every NRIA investor since our inception in 2006.
A few points of clarification worth noting are:
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