Charles Blumenkehl is a seasoned real estate investor, operator, manager, and consultant with a career spanning several decades in the industry. He is the founder and Chief Executive Officer of Blue Asset Management, LLC, a real estate investment fund operating primarily in New Jersey. Under his leadership since April 2008, the company has owned, operated, and managed over $50 million in real estate assets across New Jersey and Florida.
Mr. Blumenkehl’s journey in real estate began in 1977 when he obtained his New Jersey Real Estate license. He expanded his credentials by acquiring a New York license in 2001 and a Pennsylvania license in 2006, demonstrating his commitment to broadening his expertise and influence in the real estate market.
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In March 1983, Charles founded Blue Realty GMAC Real Estate Services, which grew to become the largest independently owned GMAC Real Estate brokerage in New Jersey. He successfully managed this enterprise until September 2009, when he sold the network of brokerage offices to NRT under the Coldwell Banker Real Estate brand. This strategic move highlighted his acumen in building and transitioning successful real estate ventures.
Beyond his real estate brokerage endeavors, Mr. Blumenkehl has held several key positions in related industries. From January 2003 to September 2009, he served as President of Blue Agency LLC Insurance Services in Riverdale, NJ, overseeing both residential and commercial property and casualty insurance services. During this period, he also led People First Mortgage Services, Inc., a licensed mortgage banking firm in Oak Ridge, NJ, originating residential mortgages throughout the state.
His entrepreneurial spirit further led him to establish Blue Ribbon Home Warranty Services, Inc. in June 2006, where he served as President, providing home warranty solutions across New Jersey until September 2009. Additionally, from March 1985 to January 2009, Charles was at the helm of Gold Circle Builders, Inc., a company specializing in residential, commercial, and industrial construction, renovation, maintenance, and asset preservation.
Throughout his career, Mr. Blumenkehl has been involved in owning and operating a diverse portfolio of properties, including apartments, retail spaces, offices, and industrial facilities across New Jersey and Florida. His extensive experience in various facets of real estate underscores his versatility and deep understanding of the industry.
Charles’s educational background includes studies at Montclair State University from 1975 to 1983, where he focused on Business Administration with a concentration in Business Law. Prior to that, he attended Eastside High School in Paterson, NJ, from 1971 to 1975, actively participating in football, baseball, and chess, reflecting his diverse interests and early leadership qualities.
Outside of his professional pursuits, Mr. Blumenkehl is dedicated to his family and engages in various charitable activities. He is also passionate about sports and enjoys playing golf, balancing his professional endeavors with personal interests and community involvement.
In summary, Charles Blumenkehl’s extensive experience and leadership in real estate investment, management, and related services have established him as a prominent figure in the industry. His strategic vision and commitment to excellence continue to drive the success of his ventures and contribute positively to the communities he serves.
