Sequoia Starts Debt Group June 29, 2009
Sequoia Starts Debt Group
Sequoia Equities has launched Sequoia Debt Venture, a platform through which it will make debt investments via separate accounts and a planned $100 million investment fund. The Walnut Creek, Calif., company has a portfolio of just under 10,000 apartment units and will specialize in buying apartment debt and real estate owned apartment properties, said Mark Carter, president. It also sees room to acquire stabilized apartment properties, which is its core business.
The company, which is backed by high-net-worth individuals, stepped back from investing before the height of the market. ...
