USA-based online crowdfunding platform RealtyMogul.com says it has helped finance another $7.5 million of commercial property acquisitions reaching $200 million investment milestone.
The online marketplace for real estate investing says it has just closed another five transactions, including four equity investments in commercial properties as well as an equity raise for a residential real estate fund.
The platform’s investors funded $7.5 million through these opportunities, helping to finance multifamily, residential, office and retail properties.
With the seven additional raises RealtyMogul.com has become the first US commercial real estate crowdfunding platform to fully fund $200 million since inception, according to its CEO Jilliene Helman.
“Our investors have demonstrated an appetite for a range of real estate investments, and we’ve worked with high quality sponsors to offer an exciting variety of opportunities across geographies," Helman says.
“We are also increasing our investment amounts, demonstrating the growing importance of crowdfunding in real estate investing.”
Highlights of the recent transactions include:
Equity securities are offered through North Capital Private Securities Corp., registered broker/dealer and member FINRA/SIPC.