| All inquiries from the Media should be addressed to: | |
| Sequoia Equities Lisa Trapp Director of Marketing Tel: 1.530.902.4451 LTrapp@SequoiaEquities.com |
|
2009 Press Release Archive
2008 Press Release Archive
| 08/19/10 |
Sequoia Equities Announces Launch of Sequoia Property Services a General Construction and Roofing Platform |
| Sequoia Equities, Inc, based in Walnut Creek, CA, expands their renovation, roofing, and general construction services, to third-party owners and investors through a new platform, Sequoia Property Services.
Walnut Creek, CA (PRWEB) August 19, 2010–Building on Sequoia’s 30 year history in real estate acquisitions, ownership, and management, Sequoia Property Services will focus on assisting with maximizing value of multifamily residential and commercial assets for owners, managers, investors, homeowner associations and property management firms, who seek to make strategic improvements to real property. |
| 07/16/10 |
| High-Rise Apartment Building on Post Street in San Francisco, CA Reopens its Doors as a Chic, Upscale Haven for Renters. |
| Redesigned Tower 737 emerges on the scene as the next high-profile, “it” place to live in the city.
Sequoia Equities, Inc. announces the completion of their $6,000,000.00 renovation of Tower 737, located on the 700th block of Post Street in downtown San Francisco, CA. After nearly three years and $6,000,000.00 of planning and construction the new Tower737 makes a bold statement by delivering a hip, innovative perspective in rental living with style, uniqueness, and miscellany indigenous only to San Francisco. |
| 06/10/10 |
| Sequoia Equities Acquires Luxury Multifamily Apartment Property |
| Sequoia Equities, a major owner of California multi-family investments, continues to seek out and capitalize on opportunities.
Walnut Creek, CA (PRWEB) June 10, 2010 — Sequoia Equities, Inc. today announced the acquisition of the Cross Pointe Apartments, located on the border of Brentwood and Antioch, two of California’s fastest growing cities. Built in 2003, this 244 unit luxury apartment community totals 220,840 square feet, and includes 15 two and three-story residential buildings and two single story buildings containing a management office, fitness facility, and clubhouse. |
| 09/13/09 |
| Sequoia Equities Expands Multifamily Portfolio |
| Real estate investment manager continues to seek out and capitalize on opportunities existing in California.
Walnut Creek, California (September 13, 2009) – Sequoia Equities, Inc. announces the acquisition of Hidden Lake Apartments, a 272-unit, gated apartment community in Sacramento, California. This marks the second purchase of the year for the privately held real estate investment company that was formed in 1973. |
| 09/01/09 |
| Sequoia Equities Announces Completion of $2.5M Resort-Style Amenity Center at Multi-Family Apartment Complex in Sacramento, CA |
| Sequoia completes unique renovation at The Palms Apartments seeking to attract an up-and-coming demographic.
After nearly two years and $2.5M of planning and construction, the new centerpiece at The Palms is a 10,000 square foot amenity center with expansive pool area, two-story rock waterfalls, media lounge, bi-level fitness club, sport lockers and tanning, full-service tech center, demonstration kitchen, and wi-fi bistro serving complimentary coffee and baked goods daily. |
| 08/27/09 |
| Online rental payment finally gets its day |
| It’s amazing how long it’s taken landlords to get wise to this whole online rental payment thing. The upside for property managers is significant — payments clear quicker; no need to deposit checks; and tenants like it better. Still, we had a landlord a few years ago who, when we asked if he accepted online rental payments, simply answered “No.” read more. . . |
| 08/12/09 |
| Local Landlord Offers Area Businesses a Way to Increase Employee Benefit Programs Despite a Down Economy |
| As area vacancy rates continue to rise, local landlord gets creative and offers area businesses a way to increase their existing employee benefits programs at no expense to them, in exchange for reciprocal trade.
RENO, NV, August 12, 2009—The Vintage at South Meadows, a 368 unit luxury apartment building located in Reno, NV, had felt the effects of their struggling local economy for the past 12 months. Rental occupancy reached an all-time low in April of this year, as a result of high area unemployment, poor credit quality, and an abundance of supply available in the market. |
| 06/11/09 |
| Sequoia Equities Announces Launch of Distressed Real Estate Platform |
| Building on Sequoia’s 30-year history of real estate investment, SDV will focus on the monetization and value maximization of distressed residential and commercial assets for banks, private equity firms, real estate funds, government entities and investors. Sequoia has positioned itself as a provider of turnkey investment, property management and workout solutions. read more. . . |
| 06/01/09 |
| $75 million for Aliso Viejo luxury complex |
| By Jeff Collins
A Bay Area investment firm that owns an Aliso Viejo apartment complex announced that it has purchased a “sister property” for $75 million. The 443,000-square-foot Alize Apartments – located right off the San Joaquin Hills (73) toll road — consists of 484 luxury units in 11 three-story buildings, the company said. The buyer, Sequoia Equities Inc. of Walnut Creek has owned the Alicante Apartments on Aliso Creek Road since 2003, so the firm believes it knows the local rental market, said company CEO Mark Carter. He added: “The opportunity to purchase the Alize property is an outstanding investment and will be a valuable addition to our portfolio of luxury coastal properties.” The deal includes financing of an undisclosed amount from Fannie Mae, the company said, plus an infusion of $17.3 million from equity partners. Sequoia Equities will manage the project. The company, based in the East San Francisco Bay Area, claims to be one of the largest privately owned apartment investors in the state. Sequoia owns more than 9,000 units and values its assets at $1.6 billion. |
| 05/28/09 |
| Confident in Market’s Future, Sequoia Adds to Orange County Holdings. |
| With the growing evaporation of jobs, Orange County, Calif.’s multi-family housing sector is starting to feel the burn. Yet, deteriorating fundamentals aren’t scaring off investors like Sequoia Equities Inc., which recently acquired the 484-unit Alize Apartments in the upscale Aliso Viejo master planned community from Northwestern Mutual Life Insurance Co. for $75 million. read more. . . |
| 05/26/09 |
| Sequoia Equities Announces Acquisition of $75M Multifamily Luxury Apartment Complex in Orange County, CA. |
| Sequoia adds Alize Apartments to growing portfolio of luxury coastal properties. read more. . . |
| 05/19/09 |
| Let’s Be Friends: Multifamily Embraces Social Media. Industry increases use of online platforms for marketing, referrals, and leads. |
| It’s official: Social networking is the new multifamily must-have. read more. . . |
| 05/14/09 |
| Forward-Thinking CEO Leads Apartment Industry with Recessionary Strategies |
| While dining at the Daily Grill in West L.A., President/CEO Mark Carter noticed that their employee’s tee shirts read, “Deliver Daily”. He couldn’t help but think about this phrase in the context of his own business.” read more. . . |
| 06/01/08 |
| Sequoia Communities Awarded |
| 2008 Winners:
Alicante: GEMM Award Winner: Property of the Year 2008 -South Coast Apartment Association Reserve at Capital Center: 2008 ForRent Achievement Award Winner: Best Community Renovation University Village: 2008 ForRent Achievement Award Winner- Grand Prize Overall Property of the Year Park at Point West: Best Internet Response SCAA Article |
| 02/01/08 |
| Phoenix Kiosk Inc. Enables Sequoia Equities Inc. to Help Renters Find and Lease Apartments via Computer Kiosks |
| The days of filling out paper rental applications and visiting countless apartments to find an acceptable floor plan are nearing an end. read more. . . |
| 02/11/08 |
| ASUCD hosts Housing Day |
| This is the fifth year for the event, which traditionally has taken place in the middle of February to help students arrange their living conditions for the succeeding fall quarter, said Steven Lee, director of the Office of City and County Affairs. read more. . . |
| 12/04/2007 |
| The New Sequoia Equities |
| When one of Sequoia Equities’ founding principals retired, the executive team decided it was a perfect opportunity to redefine the corporate identity and rebrand the company by evaluating who the company was and what mattered to it. read more. . . |
