New Standard Equities Closes $157 million in Transactions
A frenzy of activity in the final days of 2021 resulted in the firm’s largest acquisition to date and a disposition that produced an IRR of 56.95%
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Inland Empire draws LA money for multifamily
A Los Angeles-based multifamily investor has spent $81 million on an apartment complex in the Inland Empire.
New Standard Equities got a 236-unit complex at 850 North Benson Avenue in Upland, according to a Thursday announcement from Marcus & Millichap, which brokered the deal. New York-based investment firm Abacus Capital Group sold the property.
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