(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 www.blueassetmanagementllc.com