Blumenkehl Properties Buy Multi-Family Property in Weehawken New Jersey

Jan. 14, 2011 - PRLog -- Blumenkehl Properties recently bought a multi-family building in Weehawken, New Jersey, according to Charles Blumenkehl, CEO for the company.

According to Blumenkehl, “Weehawken is a great location, close in proximity to New York City and the Lincoln Tunnel, a great school system, and ideal for families and commuters. The town is well ran and presents some of the greatest views of Manhatten from across the Hudson you'll  ever see."

Blumenkehl Properties have been purchasing properties throughout northern New Jersey. Charles Blumenkehl said his company is looking to increase their holdings an additional 25% in the coming year. "We view the current economic environment as an opportunity to acquire properties that wouldn’t have made financial sense to us before the downturn. We are optimistic about the financial future and stability of our country and in particular in the area surrounding New York City, the world capital for commerce. Blumenkehl said. Blumenkehl predicted the completion of the renovation of the Weehawken property by the end of the first quarter of 2011."

Blumenkehl Properties formed Blue Asset Management in 2008 to leverage the opportunities resulting from the mortgage and liquidity crisis that began a few years ago. For more information about Blumenkehl Properties, Blue Asset Management LLC or Charles Blumenkehl log onto the company website at www.blueassetmanagementllc.com.
or call the company directly at 973 835-1400

# # #

Buyer and seller of performing and non performing first mortgages and distressed and investment real estate, property management, real estate asset dispositionn