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RealtyMogul.com Shows Its Command of the Capital Stack

LOS ANGELES—For the first time, RealtyMogul.com completes a full capital stack transaction, combining debt and equity financing for the purchase of a 112-unit apartment complex.

By Kelsi Maree Borland | Updated on November 23, 2015

LOS ANGELES—RealtyMogul.com has proven to be a full capital stack platform, as the company’s CEO Jilliene Helman has been promising since its inception. The crowdfunder closed a debt and equity transaction for the acquisition financing of Bristol Park Apartments, a 112-unit apartment building. Sponsors Evolution Partners and Triumph Management Group borrowed a combined $10.12 million, $7.59 million in bridge debt financing from RealtyMogul.com’s institutional investors and $1.59 million in equity raised through the firm’s investor crowd.

“I have been talking about doing a full capital stack transaction for two years now. When I was in venture capital meetings and pitching the kind of company that we want to be, that was always one of the things that I said, and I had never done it. It was more about sharing the vision of the business and sharing where we see the opportunities are going to be and where we see the competitive advantage,” Helman tells GlobeSt.com. “This is such an historic transaction for us because we finally did it.”

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