IEC Announces Final Closing of Its Fifth Institutional Fund Totaling $445 Million  

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 […]