Sequoia Equities

1.0

Mar 4, 2026

Community manager

Recommend

CEO approval

Business outlook

Pros

The people that work with Sequoia are great people and are very nice.

Cons

Cons: -Removed a ton of benefits in 2025- no more rest and recharge days (only if you have the right numbers, which is very hard to get in some markets). -Diversity...well, they removed having Juneteenth and Martin Luther King day off out of all the other holidays because "more people are interested in leasing on this day statistically". Take that as you will. -Removed leasing consultants from having one Sunday off each month, and paying them an additional 3 hours each Sunday. This was a game-changer benefit that made Sequoia stand out. -Removed the option for CMs to work remotely one day week- this was huge for a lot of us. CMs do a lot of work, and this was really the best perk we liked. It can be quite overwhelming on-site. -Pay is not the best for what is asked- I've had a ST position open for a long time due to housing tied to it, but a low hourly. It was a struggle balancing things during that year. -Very limited PTO- New team members only get 10 days a year, which is very minimal compared to a lot of other property management companies. It's hard to take a vacation while working with Sequoia unless you've worked for 20+ years. Work-life balance is difficult since CMs have to be on call on the weekends for emergencies if an SM needs help. -Raised all employees' housing prices in 2026 at a very high amount- Most were even over market rate. Some were even higher than what current residents were paying. Greedy Company. They stopped doing it for a few years, and people were proud to work for a company that didn't nickel and dime their employees, but here we are. The corporate response of "it's always been in the policy" or "Covid" is not an excuse. -Pricing is super high, so we never get leases. Even when giving feedback, they never listen. -The company is not doing well financially, and team members are worried their property is going to be sold. Sequoia sold quite a few properties in 2025. Rumor is that ACMs will not be on site anymore this summer or next year and it will be one ACM managing multiple sites to save costs. This isn't the end of the world, but more concerned of assistance on site. More properties need to be staffed more. Cutting two LC positions and making an LM is not a good strategy, by the way. - A ton of new audits have been made mandatory that are very time-consuming; it's almost too much. A lot of audit findings are backed up by things not even in the policy. It seems the company struggles to update things. -Barely any room for growth after CM due to it being a small company only located in California. -Sequoia takes a long time to get back to you- it seems they are always understaffed. The timecard approvals not made by 9 am "shame list" sent out is unnecessary- should just send it to the CMs who didn't approve it, and not everyone.

Sequoia Equities Response

2mo

We appreciate you taking the time to share your experience with us. In your last paragraph, you state that it’s difficult to get a job in today’s job market and that you have no choice but to stay until something better comes up. I point this out because the difficulty of getting a position in today’s job market is a direct reflection of today’s economy that Sequoia is operating under. The changes we made last year are a reflection of the difficult decisions we have had to make due to the economy. Although we have had to make adjustments in when it’s appropriate to close the business (when the property is performing) or keep the business open (when the property occupancy, and therefore profitability, is suffering, for example), most of the benefits you noted are still available to our team members. This includes paid holidays like Martin Luther King, Jr. Day, Juneteenth, and President’s Day and the four additional “Rest & Recharge” paid days based on property performance. In your role as a Community Manager with 10 years with Sequoia, you mention that you do not feel there is room for growth due to Sequoia being a small company only located in California. I would like to point out that we also have properties in Nevada, Oregon, Washington, and Colorado, offering transfer and promotion opportunities for those open to relocation. Additionally, a majority of our Leadership Team, including the President and four of seven Regional Portfolio Managers, were promoted internally from site based roles such as Concierge or Leasing Consultant. We have also continued to enhance benefits this year by introducing life insurance coverage for all employees, providing a Visa Card for copays and deductibles up to $11,000 (dependent on coverage), and updating quarterly bonuses to pay at a higher bonus potential and more frequently on a monthly basis. We get that in this economy, you need your money faster. We are also continuing annual increases, training programs, a Diversity Task Force, purpose days, and housing discounts up to 50% off, to name a few. You have some great feedback and Community Managers definitely have a say in staffing and compensation. What’s important is sharing that feedback with your Regional Manager and Human Resources. We have always partnered with our Community Managers and I’m sorry to hear that didn’t happen for you. I encourage you to give me a call or send me an email to discuss further. -Enrica Suson, Vice President of Human Resources

Not good for your mental health - Community Manager Sequoia Equities Employee Review

Explore other reviews about Sequoia Equities

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches