$10.9 Million Apartment Property Purchased by IEC

Claremont, Calif., Jan. 13, 2014 – Interstate Equities Corporation (IEC), a private equity real estate investment firm, has purchased a 75-unit building in the city of Claremont on behalf of its current Fund. The $10.9 million sale price equates to approximately $145,000 per unit. Built in 1960, the property is comprised of predominantly 2 bedroom […]