144-unit Bremerton, WA Apartment Community Acquired By New Standard Equities For $20,000,000

ENCINO, Calif., May 14, 2021 /PRNewswire/ — New Standard Equities (NSE), a Los Angeles-based, full-service multifamily investment and management company, takes on two neighboring assets, Cedar Glen and Maple Manor, rebranding them as “Indigo Apartment Homes” in Bremerton, WA. With planned capital expenditures of roughly $3.3 million, the firm expects to fully reposition the property to compete alongside its other holdings in the area.