We have a 40+ year history that has evolved from syndicating deals in the first 19 years of our existence, to investing high net worth discretionary capital, to then forming institutional separate account/joint ventures over the past 10 years, and most recently investing on behalf of commingled institutional discretionary funds.
The IEC team is a cohesive group that blends the legacy of its heritage with dynamic energy. Culturally we share the same values. We are entrepreneurial, creative, and nimble-we get things done with grit and perseverance. While at the same time, we have the acumen, established processes, and fiduciary integrity of an institutional owner.
Julia Boyd Corso
Co-President and COO
Julia is co-president and chief operating officer responsible for corporate operations, asset management and repositioning of all investments. She sets the strategic direction of the company and its investment activities as a member of its Investment Committee. Prior to joining IEC, Julia worked in management consulting for Accenture. Julia graduated summa cum laude from Emory University with a B.A. in Economics and holds an M.B.A. from the Stanford Graduate School of Business. She is a member of the Urban Land Institute and the Stanford Real Estate Council.
Co-President and CIO
Marshall is co-president and chief investment officer as well as a member of the company’s Investment Committee. Prior to joining IEC, Marshall worked on the investment team at TA Associates and in investment banking at Credit Suisse First Boston. Marshall graduated from Middlebury College with a B.A. in Economics and a minor in Spanish. He is vice chairman of the Urban Land Institute’s Multifamily Silver Council and a former board member of The Young Presidents’ Organization.
Director of Investments
Brendan is responsible for sourcing and underwriting acquisitions and dispositions as well as a member of the Investment Committee. Prior to IEC, he was an acquisitions associate at Partners Group, a global private equity firm in San Francisco. Previously he was a financial analyst at The JBG Companies where he acquired, disposed and recapitalized assets exceeding $980 million in total value. Brendan graduated from the University of Georgia with a B.B.A. in Management.
Director of Property Management
Kelly is director of property management and president of IEC Property Services Corporation, IEC’s in-house property management company. He is also a member of the Investment Committee. He is responsible for leading the day-to-day property-level operations of all portfolio assets. Kelly previously served as senior vice president of Operations at Lyon Living where he was responsible for the operation of 9,000 units across five states. Prior to that, Kelly served as senior director at The Irvine Company and senior portfolio director at Essex, a public REIT. Kelly graduated from the University of California at San Diego with a B.S. in Management Science and is a faculty instructor for the Institute of Real Estate Management (IREM). Kelly also earned his RPA designation in 2006 through BOMI and his CPM® designation in 2013 through IREM.
Director of Asset Management
David is responsible for all asset management and capital projects at IEC. He is a member of the Investment Committee. He previously served as an asset manager and vice president at IEC. Prior to joining IEC, he worked as a financial analyst at Kimco Realty Corporation, a publicly traded REIT. David graduated from Cal Poly Pomona with a B.S. in Business Administration, and has passed all three levels of the CFA exams.
Human Resources Manager
Denise is responsible for human resources and office management. She manages the corporate office in Los Altos and provides support to the regional offices. She is also the payroll administrator for the company. Previously, Denise worked in human resources and office services management roles for technology firms in Silicon Valley. Denise graduated from California State University, Chico with a B.S. in Home Economics.
Alex is responsible for overseeing the analyst team, identifying and underwriting acquisition prospects across markets, facilitating their review by Investment Committee, and closing efficiently. Prior to joining IEC, Alex was an acquisitions senior analyst at LEM Capital in Philadelphia where he analyzed and underwrote multifamily investments nationally. He also formerly worked at Cantor Fitzgerald & Co. as an analyst focused on real estate investments. Alex holds a B.A. in Communications and an M.S. in Management from Wake Forest University.
Senior Transaction Manager
Miles is responsible for managing all real estate transactions. He oversees contracts, property diligence, loans and insurance. Prior to joining IEC, Miles worked for Manhattan Financial Bank as a loan officer. Miles graduated from the University of California at Santa Barbara with a B.A. in Law and Society, and has a real estate broker's license from Allied School of Real Estate. Miles is the broker of record for Interstate Equities Corporation and IEC Property Services Corporation.
Leo is responsible for leading IEC’s accounting department. He oversees both the property and fund accounting teams and is responsible for the corporate financials. Leo comes to IEC having worked at The Related Companies for the past 18 years in such varied roles as vice president of Accounting and Administration (Santa Clara), vice president of Commercial Accounting (New York) and director of Financial Planning & Analysis (New York). He started his career with financial roles at OptiMight Communications and Wilson Sonsini Goodrich & Rosati. Leo holds a B.A. from University of California at Santa Barbara, an M.B.A. from Fordham University, and is a Certified Public Accountant in New York and California.
Reena is responsible for accounting oversight and cash management of IEC’s three discretionary funds. Previously, Reena has served in diverse accounting leadership roles at several real estate companies. These include being the corporate controller for Starcity, a San Francisco real estate developer, where she was responsible for leading all accounting activities including internal controls, internal and fund reporting, audit and cash management. Prior to that, she was a fund controller for 643 Capital Management. Reena holds a B.A. in Commerce from Delhi University and a Masters of Commerce from Annamali University in India. She is also a licensed CPA.
Natalia is responsible for stewarding portfolio business plans, using data-driven decision making and value-add improvements to optimize asset performance. Natalia comes to IEC having worked as a director of business analytics at Veritas Investments, a San Francisco multifamily manager. Prior to that, she worked as an associate at 643 Capital Management focusing on single family rentals. She also worked as an associate in investment banking at Instream Partners and Deutsche Bank AG. Natalia holds a B.A. from University of Hong Kong and an M.B.A. from Santa Clara Leavey School of Business.
Jason supports the investments and asset management teams by performing financial analysis of prospective acquisitions, preparing investment memos, and analyzing market data for our portfolio. Prior to joining IEC, he completed internships at NOMA Real Estate Services, a real estate services firm, University of Michigan Athletic Department, and Perr & Knight, an actuarial consulting and insurance operations firm. Jason holds a B.A. in Sports Management and Minor in Entrepreneurship from the University of Michigan.
Nolan supports the investments and asset management teams by performing financial analysis of prospective acquisitions, preparing investment memos, and analyzing market data for our portfolio. Prior to joining IEC, he completed internships at the Collegiate Real Estate Network, The NRP Group, a consulting firm, Ross Business Consultant Corps, and KPMG. Nolan holds a B.B.A. in Business Administration and a Minor in Real Estate Development from the University of Michigan.
Max supports the IEC investment and asset management teams by performing financial analysis of prospective acquisitions, preparing investment memos, and analyzing market data for our portfolio. Max previously worked as a financial analyst for FinDox Inc., a financial technology company. There he developed financial models to aid leveraged loan managers in evaluating borrowers’ performance and credit metrics. Prior to that, he interned at AmeriHome Mortgage Company, City National Bank, and Morgan Stanley. Max earned his B.S. in Finance from Pepperdine University and is a CFA Level 2 Candidate.