Blue Asset Management Lists Williamstown and Barrington New Jersey Properties for Sale

Top Quote Charles Blumenkehl, managing partner at Blue Asset Management LLC said his fund has listed for sale properties in Williamstown and Barrington New Jersey. End Quote
  • (1888PressRelease) February 01, 2011 - Wayne, NJ - Blue Asset Management listed both properties for sale with Coldwell Banker Elite, who maintain real estate sales offices in the area.

    According to Blumenkehl, "These properties represent investments made when the mortgage crisis was first manifesting itself in the need for cash strapped banks to monetize non performing loans quickly to achieve liquidity. I am pleased we were able to help the bank we worked with in achieving monetization of their non performing mortgages at that time, and am equally please our investors will reap the benefit we are able to achieve for the fund as a result of selling these properties associated with that purchase."

    Blumenkehl founded the first of Blue Asset Managements group of funds in 2008 to leverage the opportunities made available to investors as a result of the mortgage meltdown. For more information about Charles Blumenkehl, Blue Asset Management or to view these or other properties the group has for sale, visit the company website at http://www.blueassetmanagementllc.com or call the company directly at 973 835-1400.

    Contact:
    Charles Blumenkehl
    Managing Partner
    Blue Asset Management LLC
    2282 Hamburg Tpke
    Wayne, NJ 07470
    Tel: (973) 835-1400 ext. 234
    Fax: (973) 835-0903
    cblue ( @ ) bluerealty dot com
    http://www.blueassetmanagementllc.com

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