Crowdfunding Platform Hits Benchmark

BEVERLY HILLS, CA-At year’s end, Los Angeles-based Realty Mogul has acquired 27 properties totaling $10 million through crowdfunding efforts. Launched in March 2013, the platform allows accredited investors to pool capital though crowdfunding techniques, making commercial real estate a more accessible investment option. Each of the company’s acquisitions is valued at $1 million or greater.

“Our early success confirms that people are frustrated with the low returns offered by banks and are looking for alternative ways to invest,” says Realty Mogul co-founder and CEO Jilliene Helman. The company has invested in multifamily properties, retail centers and storage facilities with cash flow, offering investors a quick return on their investment.