New Standard Equities acquired the 81-unit apartment building in Des Moines, Wash., which is almost fully occupied. : New Standard Equities has acquired Majestic Bay Townhomes, an 81-unit apartment property in Des Moines, Wash., for $18 million, according to Yardi Matrix. The seller was Weidner Investment Services, which acquired the asset for $7.1 million in 2013. Built in 1980, the community is located at 2459 S. 216th St. in the Seattle suburb. The one-building property offers one- and two-bedroom units and is roughly 99 percent occupied.