Blue Ridge Real Estate Company (BRRE)
OTC PINK OTC PINK Primary Summary
Blue Ridge Real Estate Company Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| MR Marc Ravitz Grace & White Inc /NY | 38,976 | $226,114.41 | $360,528 | $134,413.59 | 59.44% |
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Blue Ridge Real Estate Company Profile
| Hotel & Resort REITs Industry | Real Estate Sector | Bruce F. Beaty CEO | OTC PINK Exchange | 096005301 CUSIP |
| US Country | 17 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Blue Ridge Real Estate Company, founded in 1820, is a notable entity in the realm of real estate within Eastern Pennsylvania. Its operational insights are carved into three distinctive segments: Resort Operations, Real Estate Management/Rental Operations, and Land Resource Management. As a subsidiary of KRSX Merge LLC, this organization is strategically headquartered in Blakeslee, Pennsylvania. Blue Ridge is the proprietor of a substantial expanse, totaling 9,061 acres in the scenic Pocono Mountains. The asset definition of this company extends beyond the simplicity of landownership, incorporating investment properties leveraged through leasing, thereby punctuating its footprint in the sector.
Products and Services
- Resort Operations:
- Real Estate Management/Rental Operations:
- Land Resource Management:
This segment heralds the spirit of leisure and recreation within the company's scope by operating several amenities around Big Boulder Lake. It includes the Boulder View Tavern and Boulder Lake Club which cater to dining and aquatic activities, the Jack Frost National Golf Course for the golf enthusiasts, and the Stretch fishing club for an immersive angling experience. These facilities add a vibrant spectrum to the company’s portfolio, pulling in both local and visiting patrons.
Another facet of Blue Ridge’s operation lies in its ownership of investment properties, which are leased to others predominantly in Eastern Pennsylvania. It not merely capitalizes on property leasing but extends its services to trusts that oversee resort residential communities. This multifaceted approach ensures a diversified revenue stream from property management to renting out signboards, further establishing its domain prowess and providing valuable services to property owners and developers.
Its diverse operational stance is further demonstrated in this segment, which undertakes the buying and selling of land, engages in timbering operations, and dabbles in real estate development activities. Additionally, leasing land and land improvements form a significant aspect of this segment. Blue Ridge, therefore, is not just about maximizing the utility of its landholdings but also works actively in transforming these assets into profitable ventures, either through development or strategic sales, reflecting a deep-rooted understanding of land resource management.
