Realty Mogul Launches First REIT

Jilliene Helman is the CEO of RealtyMogul.com

LOS ANGELES—RealtyMogul.com has launched MogulREIT I, its first commercial real estate fund. The fund is structured as a non-traded REIT and is available to all investors—including unaccredited investors, per the SEC’s regulation A+—and has a minimum buy-in of $2,500 to boost accessibility. With an aim at diversification, the fund will invest in a wide range of commercial assets, focusing on multifamily, retail, self-storage and office.

“One of the core pieces of our business is this idea of access through innovation. We have acquired more than 85,000 investors on the RealtyMogul.com platform and some of those investors were not eligible for our old transactions because they were non-accredited investors that couldn’t invest with us or otherwise transact with us,” Jilliene Helman, CEO of RealtyMogul.com, tells GlobeSt.com. We have always thought about how to use innovation, which is both technology and investment product innovation to provide access to commercial real estate to a wider scope of investors or a wider scope of borrowers. This is the culmination of our idea that we want to have broader access for investors in commercial real estate transactions.”