LOS ANGELES--(BUSINESS WIRE)--RealtyMogul.com, one of the leading online marketplaces for real estate investing, today announced that it crossed the $20 million mark in principal and interest returned to its investors. This is a significant milestone for the company, as it continues to demonstrate its ability to source, underwrite and service a variety of commercial real estate assets.
The well capitalized online platform, which raised $35 million earlier this year, also announced that the principal returned to its investors to date had no principal loss. Since its launch in 2013, RealtyMogul.com has been focused on creating a transparent and simple real estate investing experience for its network of accredited and institutional investors. The company also expanded its product offering to borrowers and sponsors, resulting in its ability to finance all parts of the capital stack for commercial properties, giving investors approximately 200 pre-vetted investment opportunities to finance over 300 properties valued at over $700 million.
“We always put our investors first, which makes this milestone very special for us,” said Jilliene Helman, CEO of RealtyMogul.com. “Since day one we have been focused on creating an ecosystem in which investors are provided the tools and education to make investment choices that are best for them. Our purpose is to create access through innovation and educate a whole new generation of real estate investors. These are the drivers that push us to provide the best experience for our investors daily.”
“2016 will be an exciting year for us and our investors as we are poised to unveil new products and give them more choices, always keeping investor protection a top priority,” added Helman.
Most recently, RealtyMogul.com completed its first full cycle self-storage equity transaction. Investors earned an annual return of 16.8%. While results varied per transaction, another successful return was an equity investment in a retail center from early 2014. Investors received their principal back in less than a year as well as the preferred return on it. They are now enjoying continuous cash flow from the profits generated and increasing their overall return until the property is sold.
About RealtyMogul.com
RealtyMogul.com is an online capital marketplace for real estate, connecting borrowers and sponsors to capital from accredited and institutional investors. Through an online platform, RealtyMogul.com gives borrowers access to debt capital, sponsors access to equity capital and investors tools to browse investments, perform due diligence and invest online. RealtyMogul.com offers bridge loans, permanent loans and joint venture equity. For more information, please visit www.realtymogul.com.
RealtyMogul.com offers equity securities through North Capital Private Securities Corp., registered broker/dealer and member FINRA/SIPC.
