Omar Khan, left, and William “Billy” Procida, founder of Procida Funding
ENGLEWOOD CLIFFS, NJ—Procida Funding and Advisors, reaching back into its founding history, has hired Omar Khan, the grandson of one of the firm's original investors, to join the firm's asset management team.
The asset management team oversees the 100 Mile Fund, an investment real estate fund which covers a broad range of asset classes within a 100-mile radius of Englewood Cliffs. Assets include ski resorts, hotels, manufacturing facilities, chemical plants, as well as conventional real estate classes.
Khan's grandfather, Abdul Qayum, helped start then 19-year-old William “Billy” Procida's career by investing $400,000 in 1982.
Khan's uncle, Ahsan, worked with Billy in the early 1980s to build the White Beach Condominiums Marina between the Throgs Neck Bridge and the Whitestone Bridge in Bronx, NY. That project resulted in Procida's 15-year run as a New York developer and contractor.
“I was very lucky to have met, been mentored, and receive investment money from Omar's grandfather Abdul Qayum,” Procida recalls. “Abdul was a member of Noon Qayum, one of Pakistan's biggest engineering firms in the 1970s and 1980s. I love and miss him and still have his brochure in my office, so when his grandson walked in it, was a total WOW moment.”
Khan graduated from Texas A&M University, where he was a member of the Chemical Engineering Honor Society and was a recipient of the Dean's Honor Roll and Distinguished Student Award.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
