New Standard Equities Buys 170-Unit Fremont Property for $60MM

FREMONT, Calif., Sept. 26, 2019 -- New Standard Equities (NSE), a Los Angeles-based, full-service real estate investment and management company, has acquired the property formerly known as "Marbaya," soon to be renamed "Casa Serena" to take advantage of its Hacienda-style architecture. The garden-style community consists of 170 units set on one parcel at 36000 Fremont Blvd in Fremont, California. The purchase price of $60,000,000 ($352,941/Unit) is a 4.41% […]