 | Southern California Office Building
Closing April 2008: $1,450,000 The current owners of this building purchased this property less than a year ago. After a massive remodel and increase in rents the owners were looking to obtain better rates than their current loan. After the owners made several attempts applying with local banks and being turned down due to short term ownership, they called Robert B. Klaus of RBK Financial. RBK Financial put in place long term financing with excellent rates for this client. | |
 | Coastal Office Building
Closed April 2008: $1,950,000 This Southern California office building had some cash flow issues. Despite the owners massive equity position and long term ownership no bank they contacted would lend them the necessary dollars needed to complete their much anticipated remodel. RBK Financial funded the required loan amount with excellent terms in approximately 45 days. | |
 | La Jolla High End Office Building
Closed October 2007: $1,950,000 This high end office building is located in the coastal city of La Jolla, Ca. Banks were struggling to fund this project due to a very high cost per sqaure foot value ($1000sqft). RBK Financial funded a six month interest reserve, $400,000 of construction funds and $1,500,000 to pay off the existing 1st mortgage. Loan processing time was 45 days from application to funding. | |
 | 26 Apartment Units
Closed February 2007: $2,800,000 Robert B. Klaus listed and sold this 26-unit condo-quality apartment building for $2,800,000. Robert is working closely with his client to locate replacement property yielding high cash flow with minimal management responsibilities. | |
 | NNN Grocery Store Purchase
Closed September 2007: $5,000,000 Robert B. Klaus is closing two transactions out of state on two NNN leased properties for one of his clients. Robert is representing his clients as their agent and mortgage broker. The combined purchase prices total $3,000,000 and the combined loan amounts exceed $2,000,000. Both properties offer his client exception cash flow and stability. One property will yield cash flow returns in excess of 9%. | |
 | Self Storage
Closed June 2007: $7,650,000 Robert B. Klaus represents his client in the purchase of a $2,800,000 four-acre site in southern California with approved plans for a 100,000 sq. ft. "Class A" self-storage facility and small management office. After close of escrow, construction can begin in 30 days. In addition to Agent representation, Robert B. Klaus put in place a one-time $4,850,000 purchase/construction loan with very attractive terms. | |
 | Blyth CA Subdivision
Closed July 2007: $1,300,000 The builder of a 16 home subdivision ran short on funds at 90% completion. All 16 homes were in escrow with buyers and needed to be completed ASAP. RBK Financial funded a construction loan in 30days. The loan funded a Six Month interest reserve and over $1,000,000 on construction funds. | |
