NEC Riverside St and Beech Ave Lot 24, 25, 26, 26 Sec 14/28S/T25E Shafter, CA 46.055 acres Standard Management Company acquired an almond orchard in Shafter, CA in 2005. Located just outside of Bakersfield, the orchard is located in Kern County, the county with the highest almond production in the country. Initially acquired with the intention of future development, the orchard has continued to be operated as an almond producer by the Martin Hein Ranch Company. With the recent rise in almond prices, this has proved to be a highly profitable decision. Annual net income for the orchard has averaged approximately 12% of the cost basis of the property. This is yet another example of a situation in which reality did not follow the original expectations.
Other Operating Businesses
Standard Management Company continues to grow from other value based businesses.
Standard Management Company’s growth strategies consist of expanding the market, developing the brand and maintaining the assets with a unique and competitive business model.
2915 Daimler Street Santa Ana, CA 92705 Water Techniques, part of Standard Management Team since 1999, and the largest provider of custom home water treatment systems in the US. Over the past seventeen years, Water Techniques has designed and installed water treatment systems for more than 8,000 custom, single, and multi-family homes. Water Techniques is uniquely qualified to solve unusual water challenges. They draw on their vast experience of previous work and have successfully designed and implemented premium water purification systems for office buildings, hospitals, hotels, and multi-million dollar homes throughout Southern California.