Online real estate investment platform RealtyMogul.com has announced it has surpassed $150 million of investments in real estate transactions through its proprietary capital markets platform from accredited and institutional investors. The company’s investors have invested in more than 265 properties, valued at over $600 million.
“Crossing the $150 million milestone is a proud accomplishment in our company’s history,” said Jilliene Helman, CEO of RealtyMogul.com. “When we started RealtyMogul.com our mission was clear – use technology to simplify real estate investing for both investors and real estate companies and with this milestone, we are well on our way.”
"What's unique about RealtyMogul.com is not only does the management team have a strong commercial real estate background, but they have taken that institutional knowledge and translated it into a comprehensive and automated capital markets platform,” said Hrach Simonian, general partner at Canaan Partners. “The company's robust platform analyzes hundreds of data points and combines that with properly structured deal parameters to originate strong products for investors. RealtyMogul.com is the quality brand in this industry."
According to Helman, RealtyMogul's success can be put down to its unique approach to real estate investing.
“We believe doing things differently has served us well," Helman continued. "We have broad capital partners – nearly 20,000 accredited investors and deep pocketed institutional investors. We have built a tremendous amount of technology focusing heavily on execution to deliver the best possible user experience.”
Through its platform, RealtyMogul has streamlined the real estate investment process by giving investors the tools they need to vet and participate in investment opportunities online. Additionally, the company is a viable source of capital by providing borrowers access to real estate loans and sponsors access to JV equity capital quickly and efficiently.