New Standard Equities Acquires 78-unit For $30M – Property Rebranded as “Fusion”

Apr 7, 2022 | Media, PR

Acquired in August 2021 for $30 million, the 78-unit apartment community in Fremont, CA was rebranded as “Fusion,” and with roughly $2.2 million capital expenditures will be repositioned to compete alongside New Standard Equities’ other holdings in the Bay Area. NSE raised over $8,000,000 in equity from private investors seeking to capitalize on the firm’s market knowledge and matched this with $24,250,000 of floating rate debt.

As with all its acquisitions, NSE plans on driving revenue growth through professional, technology-driven management practices. The firm has also called on its network of skilled local contractors and designers to execute interior and exterior renovations to meet resident demand for an exceptional apartment community experience. This commitment to quality—which NSE calls its “Just Right” Living™ promise—not only provides residents with superior living, but also maximizes investor returns.

This is NSE’s fifth acquisition in the San Francisco Bay area and the second in Fremont itself.

New Standard Equities Sponsors Bryan Meyer Golf Invitational for ALS Research

Mar 11, 2022 | Media, PR

New Standard Equities was a sponsor of the inaugural Bryan Meyer Golf Invitational on February 7, 2022 at the Indian Wells Golf Resort to raise money for ALS research. Also known as Lou Gehrig’s Disease, ALS is a degenerative disease that affects nerve cells in the brain and spinal cord and leads to loss of muscle control and paralysis.

“We were proud to support my long-time industry colleague and friend, Bryan Meyer, in his brave effort to battle this terrible disease,” says Founder & CEO Edward Ring. “The success of the event was a testament not only to Bryan’s courageous fight, but also to the willingness of like-minded real estate professionals to put tremendous resources toward combating ALS and other worthy causes.”

Play began with a shotgun start and the event concluded with dinner, speakers, an awards presentation and closing of the silent auction. The event raised more than $300,000 to benefit ALS Therapy Development Institute and its mission to end the disease.