Real Estate & Tech: RealtyMogul Surpasses $220M In Transactions

Jilliene Helman, RealtyMogul.com CEO
Jilliene Helman

Established: 2013

Base of operations: Los Angeles

Who’s in charge: CEO Jilliene Helman (above)

What It Is: Online crowdfunding for real estate investing

Since its inception over three years ago, RealtyMogul has overseen more than $220M in debt and equity transactions and serves over 80,000 investors. It has distributed more than $30M to investors. In August and September alone, the crowdfunding platform closed $8.6M in multifamily and retail transactions throughout the country. The transactions included four equity investments in multifamily properties in Redwood City, Brooklyn, Dallas and Indianapolis. The fifth transaction was the platform’s largest 1031-qualified transaction to-date, for which investors provided $2.2M for 19 single-tenant, long-term net-leased retail assets across eight states.

The firm also launched its first commercial real estate fund, MogulREIT I, in August. The minimum investment is $2,500 and the fund is open to nearly all investors. The REIT is diversified with at least 55% in debt/mortgage and related securities and up to 45% in equity across different property assets. The REIT offers investors direct access instead of having to work with middlemen, Jilliene previously told Bisnow. Investors can watch their accounts in real time through an online dashboard.

RealtyMogul also works with professional real estate companies and provides JV, preferred equity, mezzanine and first-position debt.

(This profile is the fourth in a five-part series highlighting technology in commercial real estate.)

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

DFW Multifamily Distress Creates Opening For Investors As Development Slows

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

Prolific South Florida Developer Nick Rojo Dies At 44

Davis Looks To Sell 16-Building Beacon Hill, Back Bay Portfolio

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

Limekiln Sells Stake In Multifamily Lender MF1 To Berkshire Residential

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Starbucks Spending $1B To Turn Cafés Into Community Lounges

Stephen Curry Sells Planned HQ Site Near Warriors' Arena

Renovate Or Raze: K-12 Developers, School Districts Face Difficult Development Choices

Anthropic Doubling Local Presence With Cambridge Office Lease

Lender Requests Receiver For X Denver Apartment Building Near Coors Field