DIRECT INVESTMENT/DEVELOPMENT
Klein Financial also develops real estate projects as a principal to validate new financial technologies and/or innovative project legal and capital structures that reduce the need for public subsidiaries for affordable units while enhancing the value for all residents. Klein Financial Corporation and/or Robert Klein serves as the Managing Partner, the Managing Member of the General Partner LLC, as a Director of the Corporate General Partner, and/or as the Development Consultant for more than 13,000 units of residential multifamily property. The most recent real estate projects developed by Klein Financial Corporation include a 250-unit mixed income congregate care and assisted living rental community and a 130-unit mixed income independent senior rental community located in Livermore, California. Both properties are over 95% occupied and their combined property value totals approximately $104 million.