Los Altos, Calif., (March 17, 2022) – Institutional fund manager and value-add investor Interstate Equities Corporation (IEC) has announced the final close of its fifth institutional fund, “IEC Institutional Fund V,” with $445 million in equity commitments. The fund, which will invest in acquiring, renovating, and repositioning value-add multifamily properties across California and Washington, follows the firm’s […]
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