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Home Finance Interstate Equities Corporation Acquires 140-Unit Multifamily Portfolio in Davis for $42.8MM, Marking Firm’s Entry Into Student Housing
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Interstate Equities Corporation Acquires 140-Unit Multifamily Portfolio in Davis for $42.8MM, Marking Firm’s Entry Into Student Housing

March 4, 20264 Mins read565
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The two-complex deal at $306,000 per unit represents only the third sale of a 100-plus-unit multifamily asset in Davis since 2020 Interstate Equities Corporation (IEC), the Los Altos-based institutional fund manager known for its value-add apartment strategy across California and the Pacific Northwest, has acquired a 140-unit multifamily portfolio in Davis, California, for $42.8 million. […]

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