MORGANTON, NC / ACCESSWIRE / June 16, 2022 / Blue Ring Investors LLC, which helps busy professionals to invest in real estate and have the potential for passive income, has announced it is under contract on a 75-unit property in Port Arthur, Texas. With the contract, scheduled to close on July 8, 2022, the company adds to its growing portfolio of investment-grade commercial properties in multifamily, senior housing, and student housing asset classes.
Blue Ring Investors, founded by President Sanjay Hegde and co-managed by his partner Dr. Jeannette Bimbach, specializes in asset management and raising capital while helping busy professionals from healthcare and other industries to invest in commercial real estate. Started in 2021, Blue Ring Investors now has over 190 multifamily units under management and 700 self-storage units under construction. The company partners with an established network of vetted, successful real estate acquisitions teams in whose deals it invests on its clients' behalf. The new contract with the 75-unit property, Blue Ring Investors states, is its latest step in growing its portfolio so that it can assist more clients.
"We are very excited about our Port Arthur contract," Mr. Hegde says. "It represents the incredible growth of Blue Ring Investors in just over a year, and we will be proud to offer it as a possible investment opportunity for our clients."
Blue Ring Investors focuses both on passive CRE investments as well as education about the industry. It explains that to help investors better understand the pros and cons of passively owning multifamily assets, it has begun doing a monthly webinar, "Strategic Multifamily Investing with Dr. Jeannette and Sanjay." The company also offers a podcast page on its website that is regularly updated.
"It has been very successful thus far," Blue Ring Investors says. "We have talked with many potential and existing investors about multifamily syndication. What we have found is that people have a strong desire to better understand alternative investment opportunities so that they can have the potential to diversify their assets. For some, passively owning multifamily assets can be a good option."
As Mr. Hegde assists the Blue Ring Investors team with closing the Port Arthur contract, he is also preparing to speak at the GOB Network Conference at the Westin O'Hare in Chicago on July 13-14, 2022. "We support the conference's mission: to eliminate all obstacles that prevent individuals from being successful real estate investors," says Mr. Hegde. "I look forward to being on the Passive Investing Panel and to sharing what I have learned through my own experiences at Blue Ring Investors to help more people potentially save for retirement."
Whether an individual decides to invest in commercial real estate or go a different direction, Blue Ring Investors offers one piece of advice.
"Dream big," the company recommends. "Do not settle for a life half-lived. Instead, go after the life you truly want to have. You may not attain it, but you will likely get much closer to it than if you sit on the sidelines and simply settle."
About Blue Ring Investors
Blue Ring Investors brings together sophisticated investors who, with the company's leadership, can leverage the group's combined financial resources to passively invest in carefully chosen commercial real estate deals. The company works to identify qualified vendors, partners, and advisers to give it a competitive advantage as it enters new markets.
Sanjay Hegde is Founder and President of Blue Ring Investors LLC and has more than 15 years' experience establishing customer relationships and managing multimillion-dollar corporate accounts for companies in the U.S. and abroad. An Acquisitions Specialist, Funding Specialist, Property Asset Management Specialist, and Underwriting Specialist, Mr. Hegde is connected to a deep network of operational, tax, and legal experts focused on commercial real estate investing.
Dr. Jeannette Birnbach has been running a successful practice for the last 24 years in the Pacific Northwest. Realizing the potential of multifamily investments, she purchased three small multifamily properties on her own, which led to discovering the power of passive syndication for larger properties. Now working as a general partner at Blue Ring Investors, she guides other healthcare practitioners to learn about passive real estate investing.
For more information about Blue Ring Investors, please contact:
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SOURCE: Blue Ring Investors