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Home Finance New Standard Equities Acquires 236-Unit Multifamily Property in Upland for $80.75MM
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New Standard Equities Acquires 236-Unit Multifamily Property in Upland for $80.75MM

January 11, 20222 Mins read497
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UPLAND, Calif. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of The Benson, a 236-unit multifamily property in Upland, California. The asset sold for $80.75 million, or $342,161 per unit. “The Benson benefits from significant capital expenditures, most of which were spent on systems and common area […]

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