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Sequoia Equities Picks Up Trophy MF for $53M
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Walnut Creek, CA-based Sequoia Equities acquired Eviva Midtown, a six-story, 118-unit, trophy apartment community built in 2016 in Sacramento’s urban core, for $53 million. At nearly $450,000 per unit, the property commanded the highest price per unit ever for a multifamily sale in the region, eclipsing the prior record by 45%.
CBRE’s Marc Ross represented the project’s developer and seller, Atlanta-based The Integral Group LLC, and its investor partner, LDK Ventures.
Ross says, “With its irreplaceable location and high-end construction and design, Eviva Midtown is well positioned to be a signature property within the urban core of Sacramento for many years to come.”
Located at 1531 N St., the Class A, condo-quality community is in a premiere location along the 16th Street corridor, where Downtown and Midtown Sacramento intersect.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition




