LOS ANGELES—RealtyMogul recently secured $250 million for commercial debt placements after launching a commercial lending platform earlier this year. After speaking on the What's New in the Capital Stack panel at RealShare Investment & Finance, Phil Block, SVP of commercial lending at RealtyMogul, stopped by for an exclusive interview, where he talked about:
- When crowdfunding is a good fit for a borrower
- How the new company is staying competitive
- What is in the pipeline for the new commercial lending program
On his panel, Block explained the company's limits, like that it won't lend on ground-up construction, while his fellow panelists, also commercial lenders, talked about the property types that they are after.
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