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Sign of the Times? KOR Invests in West Covina Rental

KOR Development (Eastern Columbia, Viceroy) just paid $30 million for an 182-unit rental building at 1234 W. Cameron Ave. in West Covina. Exterior and interior renovations of the 1962 building, where rents currently range from $750 to $1,813/a month are planned; no word if KOR's favorite designer, Kelly Wearstler, is headed to W. Covina. [Globe St.]