Jack Lingo, Inc. – REALTOR, Sussex County, Delaware’s leading real estatebrokerage, is pleased to announce the launch of a new subsidiary, Jack Lingo Asset Management. JackLingo Asset Management was formed to continue the decades of successful developments executed by theLingo family and provide a platform for high net worth and institutional investors to participate in attractivereal estate opportunities throughout the Delmarva region.
The Jack Lingo Asset Management team has more than 100 years of combined real estate and financeexperience, including development, financing, construction, and brokerage. The new platform providesasset management and development management services both for properties held in the family’s portfolioas well as for third party land owners. The team expands upon the Jack Lingo positioning as the marketleader in real estate, and provides an added service to investors and property owners looking to enhancetheir investment returns.
JLAM suite of services includes development management, asset management, acquisitions, workouts andrefinancing, and dispositions. In addition, the team works with individual investors to structure separateaccounts tailored to specific risk/return preferences.
JLAM is currently gauging investor demand for one or more single and multiple property funds tocapitalize on the recovering coastal real estate markets.