WARNING about the 1600 H LOFTS 1600 H Street, Sacramento CA 95814
The landlord Jeff Kraft told me he is in serious financial hardship and intends on using security deposits to pay for finishing the lofts and paying for the leasing staff person.
Below are email excerpts from Jeff Kraft the Builder and Landlord:
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From: Jeff Kraft
Sent: Tuesday, November 04, 2008 10:11 AM
"I have no money and I have not signed one lease. I do not know what to say to you!"
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From: Jeff Kraft
Sent: Tuesday, October 28, 2008 11:19 AM
"I cannot give you all the proceeds I need some of the money to finish each unit ie closet misc items."
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From: Jeff Kraft
Sent: Monday, October 27, 2008 3:49 PM
"We continue to be short on cash. "
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From: Jeff Kraft
Sent: Tuesday, October 07, 2008 8:59 PM
"We will have to work out a payment plan with the lease ups."
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From: Jeff Kraft
Sent: Tuesday, October 07, 2008 7:03 AM
"We are all in very difficult times. I just gave back three buildings to the bank and I may be giving back two more."
WARNING about the 1600 H LOFTS 1600 H Street, Sacramento CA 95814
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