Blumenkehl Properties to Increase Holdings in Hudson County

Jan. 15, 2011 - PRLog -- Charles Blumenkehl, CEO of Blumenkehl Properties and managing partner of Blue Asset Management LLC has announced that his company has purchased several multi-family buildings in the Jersey City and North Bergen areas of Hudson County, New Jersey.

According to Charles Blumenkehl, "The proximity of Jersey City and North Bergen to Manhattan, the need for rental housing in the market and the opportunity to find properties that have the ability to benefit from our value enhancement platform while providing owners viable exits and helping to revitalize and support the neighborhoods within which the properties are located are a value-added for everone involved."

Blumenkehl also added he plans to increase his companys holdings in Hudson County as opportunities present themselves. Blumenkehl sites the Path trains and local train and subway access now made available through the Jersey City North Bergen corridor as a key driver in the desirability for real estate in the Hudson markets.

Charles Blumenkehl is CEO of Blumenkehl Properties and managing partner of Blue Asset Management and Blue companies. Blue Asset Management is a buyer and seller of performing, non-performing and distressed commercial and residential real estate. For more information about Charles Blumenkehl Blumenkehl Properties or Blue Asset Management LLC, log onto the company website at www.blueassetmanagementllc.com or call the company directly at 973 835-1400.

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