Realty Mogul Hits $100M Benchmark

LOS ANGELES—Realty Mogul is ringing in its first anniversary with investments of $104 million in commercial real estate property values. The crowdfunding platform, which launch in March 2013, is the largest investment network of its kind.

Realty Mogul CEO and co-founder Jilliene Helman, who will be speaking at RealShare Los Angeles on March 25, attributes the company’s success to its quality stock of properties. “We have a really strong supply of real estate properties that have gotten us to the point we are at so far, and we are continuing to look for high-quality real estate opportunities for our investors,” Helman tells GlobeSt.com. “There are a lot of competitors, but we are the largest—the largest by the number of properties funded, by the number of states that we are in and by the capital rates in the market place.” Of the investment capital placed by the company in its first year, 71% went towards equity investments and 29% toward debt investments. To date, Realty Mogul’s private investors have placed $14.6 million with 58 properties in 14 states. “For us it is about scale. We just crossed $100 million in property values and we are looking to do hundreds of millions of dollars in 2014,” says Helman.