(Wayne,NJ) Blue Asset Management LLC, a real estate
management and asset disposition company operating in New Jersey and Florida,
announced it is offering in excess of $15 million in performing and non
performing first mortgage loans collateralized by properties in New Jersey.
According to Charles Blumenkehl, managing partner at Blue
Asset Management, “we are very bullish on the future of real estate in New Jersey,
and believe these loans we are offering to the local market will bring solid
returns collateralized by investment caliber real estate. We have loans ranging
in size from $100,000 to over $1 million, and are excited for the opportunity
to enable local investors and operators to assist in the real estate recovery in
our local New Jersey markets while at the same time bringing properties back to
marketability helping both the occupants and surrounding properties.”
Blumenkehl said the properties would be offered both through
his office and is working with and exploring various disposition channels to achieve distribution of the assets. For more information about the loans, contact Charles Blumenkehl at Blue Asset Management LLC in New Jersey at 973 835-1400 or log onto the company’s website at blueassetmanagementllc.com
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