Monday, May 23, 2016
RealtyMogul Hits $200M In Projects
Los Angeles-based online real estate marketplace RealtyMogul.com said this morning that it has just hit $200M in total funding for projects on the site, and returned $40M to its investors. The crowdfunding site--which is led by Jilliene Helman--said it now has over 80,000 members across all 50 states, who have invested in more than 350 properties through its marketplace. RealtyMogul.com allows investors to invest as a part of a pool, across commercial real estate opportunities in the $1 to $5M range, according to the company, including industrial properties, office buildings, shopping centers, and other commercial real estate.