Blumenkehl Properties Encouraged by Paterson, New Jersey and Other Inner City Holdings

Jan. 15, 2011 - PRLog -- Blumenkehl Properties are almost completely occupied on all their Paterson properties including a series of multi-family buildings acquired in Paterson recently added to its portfolio, according to Charles Blumenkehl, CEO of Blumenkehl Properties.

“We see Paterson as a city that is in support of a stable and well maintained housing supply and we are doing our part locally to support that effort," said Blumenkehl. Many buildings have also been and are being revitalized in the city helping to support the need for housing but being able to stabilize and provide proper maintenance to all these properties, not just newly maintained and renovated units is a big plus for all.”

Charles Blumenkehl grew up in Paterson and has been active in the residential real estate business since 1977. He founded Blue Asset Management LLC in 2008 to leverage the opportunities resultant from the mortgage meltdown which he forsees extending itself for the next few years, combined with the myriad of contacts, networks and effective systems he has developed over the years.

For more information about 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

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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