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Carl Kruelle | Blue Water Development

kruelle-carl-bluew-water-developmentBlue Water Development, a real estate investment and outdoor hospitality management company, named Carl Kruelle as chief investment officer.

As the first CIO in Blue Water’s 19-year history, Kruelle will be based out of Blue Water’s corporate office in Ocean City.

Kruelle possesses more than 20 years of experience in real estate investing, financing, asset management and capital raising. In his new role, Kruelle will manage all aspects of Blue Water’s investments, including assessing and analyzing the performance of the 21 properties that the company currently owns or manages (plus seven RV resorts and four hotels under development) while also supporting its strategic growth in the outdoor hospitality sector as a whole – with a particular focus on its rapid geographic expansion.