Crowdfunding firm Realty Mogul has reached $100million in cash disbursements, a major milestone for the company,GlobeSt.com reports exclusively. The firm has two REITs, MogulREITI and MogulREIT II as well as private placement opportunities, allof which contributed to the returns. The $100 million in cashdisbursements includes cash flow, appreciation and return ofprincipal. The first REIT has generated 8% annualized returns overthe last 24 months. The second REIT, which is focused on long-termcapital appreciation, has delivered two quarters of 4.5%returns.
“We're proud to announce more than $100 million in investordisbursements and it says that our investment platform is working,”Jilliene Helman, CEO and co-founder at RealtyMogul, tells GlobeSt.com. “There is always risk when investing incommercial real estate, but we're seeing some great early resultsthrough our strategy of investing in cash flowing real estatewhere there is value-add potential. We're proud of the returnswe've generated to date and grateful to our investors for allowingus to be stewards of their capital.”
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