Business Briefs 06/25/2021

New CIO

Blue Water Development, a premier real estate investment and outdoor hospitality management company, recently 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.

A graduate of the University of Delaware, Kruelle possesses over 20 years of experience in real estate investing, financing, asset management and capital raising.

Prior to joining Blue Water, Kruelle was president of PEG Capital Partners, chief investment officer of Roch Capital, chief lending officer/chief credit officer of Applied Bank, and president and founder of Broad Creek Capital.

In his new role at the company, Kruelle will manage all aspects of Blue Water's investments. This will not only involve continuously 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), but also supporting its strategic growth in the outdoor hospitality sector as a whole – with a particular focus on its rapid geographic expansion.

Blue Water, founded by Jack and Todd Burbage in 2002, specializes in transforming properties to upscale/luxury assets by primarily focusing its portfolio on already-developed properties, with growth potential, in desirable locations near a body of water and/or public park lands.

Blue Water also has extensive experience in the entitlement and ground-up construction of resort hotels and RV resorts. Learn more, visit https://bwdc.com/portfolio/. To contact Kruelle, email ckruelle@bwdc.com.

New location

Katherine's Keepers, a locally-owned home care agency, committed to providing high quality, patient-centered care in the comfort of the home setting, recently opened an office in Ocean Pines, at 11021 Nicholas Lane, Unit 10 Berlin, Maryland 21811.

The agency believes that everyone deserves to be cared for in a dignified manner, while nurturing the whole person: mind, body, and spirit.

Under the direction of an experienced nurse, Katherine’s Keepers’ caregivers gain a thorough understanding of the individual needs of clients, ranging from personal care, including bathing, toileting, and ambulating, to companion care, including transportation, light housekeeping, and medication reminders.

It offers flexible scheduling, covering needs ranging from a few hours per day to around-the-clock care.

Katherine's Keepers was founded in 2013 in Bel Air, Maryland by three women: Patti Dresher, Trish Getz and Carole Matejevich. In 2018, Dresher’s daughter, Megan, joined the team after Getz’s’s retirement.

Their dedication to providing high quality care has endured for the past eight years, earning Katherine's Keepers the 2020 Best of Harford award for Senior Care.

In May 2021, the business continued to grow, as Dresher's son, John, opened the Worcester County office of Katherine's Keepers in Ocean Pines. To learn more, call 410-497-8997.

Reither awarded

Nancy Reither of Coldwell Banker Realty was named one of America’s most productive sales associates as a part of RealTrends + Tom Ferry America’s Best Real Estate Professionals, a ranking report produced by RealTrends and Tom Ferry International.

Reither is now a repeat member of the “America’s Best Real Estate Agents,” and ranked number 9 for transaction volume with 50 million in closed sales and ninth for transactions with 90 sides for the state of Maryland. The America’s Best are ranked in 10 categories.

RealTrends America’s Best Real Estate Professionals ranks over 18,500 residential real estate professionals solely based on their excellence in real estate sales during calendar year 2020. All production numbers are independently verified by a third party to ensure accuracy and report integrity.

This group of highly successful real estate sales agents represents the top 1 percent of all real estate practitioners in the United States.

To qualify for inclusion, an individual agent must have closed at least 50 transaction sides or $20 million in sales volume in 2020. For real estate agent teams, the minimum is 75 transaction sides or $30 million in closed sales volume.

“I’m pleased and honored to be ranked on this ranking of the country’s top residential real estate agents,” Reither said. “It represents the time and effort that we put into each client that we serve and how much work it takes to build a successful real estate career. The level of sales it takes to qualify makes it a special recognition.”

Joins foundation

Shelbie Thompson has joined the Community Foundation of the Eastern Shore as development and donor relations officer.

Thompson will be working with the foundation’s development team in donor management operations, charitable giving development, donor relations, memberships, and events.

Her professional experience includes sales and administration duties at the international media group iHeartMedia, along with positions of staff writer for Metropolitan Magazine, and marketing associate at Choptank Communications. She is also on the board of directors for the Community Players of Salisbury and a graduate of Salisbury University.

She is looking forward to helping donors fulfill their charitable interests in a meaningful way.

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