Wayne, NJ, November 17, 2012 - Blue Asset Management LLC, an investor and sub-servicer of commercial mortgages, announced they are offering for sale a pool of first mortgage loans collateralized by properties valued in excess of $6 million and located in Hudson County.
According to Charles Blumenkehl, managing partner of Blue Asset Management LLC, “These loans represent collateral of some of the finest assets in the gold costs of Jersey City and surrounding towns.” Blumenkehl continued, “These mortgages offer safe haven for mortgage investors in New Jersey, providing considerably higher than market yields while offering desirable underlying collateral in excellent locations.”
Blumenkehl said the loans were assembled from several purchases made over the last 18 months. The loans are both performing and non-performing, and are being offered as a package or separately. For more information about the loans, Blumenkehl invites investors to log onto his firm’s website at www.blueassetmanagementllc.com or contact the company directly at 973 835-1400.
Blue Asset Management LLC
2282 Hamburg Tpke
Wayne, NJ 07470
(973) 835-1400 ext. 234