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.)

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