Sequoia Equities Launches Management Services for 176-Unit Mid-Size Apartment Community K Street Flats in Berkeley, California

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WALNUT CREEK, CA – Sequoia Equities announces that it will launch management services on K Street Flats Apartment Homes, a 176-unit mid-rise apartment community located in Berkeley, California. Built in 2007, K Street comprises over 124,000 square feet of residential space. With this agreement, Sequoia will professionally manage 14,349 units in 56 communities.

K Street Flats is located in downtown Berkeley and just a few blocks from UC Berkeley, California. The prime location boasts a walking and biking score of 99 out of 100, as its proximity to top-rated restaurants, retail shops, and a variety of museums makes it a walker’s paradise. Rita Crawford, Vice President of Portfolio Management, stressed the importance of managing this asset: “A key goal for Sequoia is to provide quality housing with memorable experiences for our residents. Another important goal for Sequoia is to be a strong community-driven partner, giving back to our local communities. This building allows us to unite these objectives into one; enabling us to preserve and support affordable housing in the neighborhoods in which we operate.

Erik Peterson, Senior Vice President of Acquisitions and Business Development, also expressed his enthusiasm for the opportunity: “It is exciting for Sequoia Equities to become the managing partner of HCF and the California Community Housing Agency to provide housing to average incomes in the San Francisco Bay Area. K Street Flats will provide an indispensable source of quality housing for those in the area who qualify under the agency’s guidelines and mandate. The community will respond to an unmet need for workforce housing in a culturally and demographically inclusive area ”.

HCF management explained why Sequoia Equities was the perfect fit to become a K Street Managing Partner: “HCF is focused on providing high quality and essential housing for the workforce and improving the quality of life. life of our residents. We have seen the huge impact that quality management can have on a property, and we are delighted that Sequoia is leading our efforts there. Our interaction with the Sequoia team, the experience of their attention to detail and their commitment to excellence, has given us the utmost confidence that they will help us create a community that residents are proud to call their at home.

About Sequoia Equities, Inc. Founded in 1986, Sequoia has always remained committed to its mission of striving to make the ordinary a little more special by inspiring our employees and creating communities where people can expect more from everyday life. Over 25,000 residents return home to a Sequoia community at the end of the day. Offering more than great locations and comfortable residences, each community is managed by a team of professionals dedicated to creating customer experiences that are always memorable and worthy of recommendation.

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