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Realty Mogul Hits $50M Milestone

LOS ANGELES—The crowdfunding platform reaches $50 million in investments of approximately 180 properties nationwide valued at $360 million, GlobeSt.com reports EXCLUSIVELY.

By Kelsi Maree Borland | Updated on January 23, 2015

LOS ANGELES—Crowdfunding platform Realty Mogul has reached another milestone with $50 million invested through the site from accredited and institutional investors, GlobeSt.com reports exclusively. The investments have gone to fund approximately 180 properties in 30 states, valued at $360 million.

Jilliene Helman, the CEO of Realty Mogul, says that this milestone shows, once again, that crowdfunding is not a trend. “The online funding markets are here to stay,” Helman tells GlobeSt.com. “Online debt and equity capital for real estate is not a fad, but a meaningful way to raise capital that will only continue to grow. For Realty Mogul, it is the first in a series of important milestones to solidify our company and brand in the broader real estate industry.”

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