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Eric J. Almquist, CEO, Real Estate Broker, General Building Contractor, Residential Care Facility Administrator

After graduation from Modesto Junior College, Eric and his wife, Judy, moved to Sacramento, CA where he continued his education at the University of California at Sacramento.  Eric completed his BA degree in Economics and attended graduate school and earned his Master’s Degree in Economics.  While attending graduate school, he worked in banking and government until he entered the real estate profession in 1977.

 

He soon earned his real estate broker’s license (#00476919) and distinguished himself as a Continuing Life Member of the Sacramento Board of Realtor’s Masters Club. Soon thereafter, he expanded his real estate company to ultimately become one of the largest commercial real estate companies in the Sacramento area.  His company eventually employed 15 sales agents, ten property managers and four real estate appraisers.  He became certified as a commercial real estate appraiser performing the more complex commercial appraisals.

 

For most of his real estate career, he specialized in the rehabilitation of distressed multi-family housing projects, including the 105-unit Darwin Park apartments, the 92-unit Chateau Bijou apartments, and the 66-unit Eden Roc apartments. He obtained his general building contractor’s license (#667185) for the rehabilitation work in 1985.

He is an experienced court-appointed receiver operating distressed apartment complexes for the Superior Court during lender foreclosures. He operated the 80-unit Spartan Village apartments, the 80-unit Fountain Grove apartments, the 57-unit Wooded Village apartments and the 157-unit Pelican Cove apartments. He is a qualified expert witness in Superior and Federal Bankruptcy Court.

 

He developed the 24,500 SF 900 Fulton Avenue office building and the 13,000 SF Fulton Court office suites.  He has been involved as a developer for several historic rehabilitation projects including the Napa Mill, a 58,000 SF historic building, the 80,000 SF Old Winery in Escalon and the 78,000 SF Virginia and Truckee Railway round house in Carson City, Nevada.  In recent years, through his non-profit company WHY NOT? Community Housing Corporation, he has rehabilitated over 100 houses in low-income areas of Sacramento and presently has over 25 units in South Oroville, CA.

 

He is active in the Oroville community.  He is a member of the Oroville Association of Realtors, and the Oroville Economic Development Corporation.  He serves on the Board of Directors for the Oroville Chamber of Commerce and the Oroville Rotary Club.  He also serves on the Butte County Board of Behavioral Health.

 

Lately, he has become interested in community care facilities and has established 15 alcohol and drug abuse homes offering sober living, residential care and outpatient counseling.  He has acquired the Cottage Guest Home, an elderly care facility and is a licensed Community Care Facility Administrator.

 

Eric Almquist was raised in Modesto, CA.  He is married to his wife, Judy, and has one grown daughter, Lori. He resides in Yankee Hill, CA.

 

 

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Judy Almquist, Administrative Assistant

Mrs. Judy Almquist has been in the real estate business with her husband for over 30 years.  During that time, she has assisted all real estate transactions and is familiar with the escrow closing process, lending requirements, and the details of a complex real estate investment.  An experienced property manager, she has operated large multi-family housing projects in both an off-site and on-site capacity.

Alan Banks, Commercial Sales Associate

Richard M. Judd, Commercial Associate

A native Californian, originally from Modesto, Richard served in the US Army in Vietnam with the 101st Airborne.  Upon his return, he married Linda and graduated with a BA in Earth Sciences from California State University Fullerton in 1977.

He was hired as a Geologist in Northern California and later started his own consulting business.  In 1986, Richard acquired a real estate license and subsequently worked in property management and rehabilitation of distressed housing projects

Richard’s passion for the Veterans, lead him to become certified as a DVBE (Disabled Veteran Business Enterprise) where he contributed to the local community and Veteran groups.  His vision is to be a catalyst for Veterans, Seniors and those in need of Transitional housing in Northern California. 

Richard and Linda live in the home he built on two acres outside the town of El Dorado with their burro, “Presidente”.  They have one grown son, Luke.  

Richard can be reached by phone at 916 704-3364 or by e-mail at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .