Interstate Equities Buys $46MM Apartment Complex in Milpitas

This is the fifth acquisition in 2016 for the firm’s $200 million, IEC Institutional Fund III Los Altos, Calif., (August 22, 2016) – Institutional fund manager Interstate Equities Corporation (IEC) has acquired a 137-unit, value-add multifamily property in Milpitas for $46 million. The property, formerly called Meritage Apartments, will be rebranded to “555 Apartments.” The […]