LOS ANGELES—RealtyMogul has brought in REIT executive Aaron Halfacre as president. The veteran of two decades in commercial real estate will devise company-wide strategy and drive its execution, and will also be a voting member of RealtyMogul's investment committee, which has invested in over $1.4 billion of real estate since the company's founding in 2013.
Halfacre most recently served as president and CIO at Campus Crest, and was instrumental in shepherding the student housing REIT's $1.9-billion privatization by Harrison Street Real Estate Capital. He joined the company as EVP and head of capital markets. Prior to Campus Crest, he was an executive with another publicly traded REIT, Cole Real Estate Investments, where he served as head of strategic relations.
Before working in the REIT space, Halfacre served as chief of staff and head of product development for BlackRock's global real estate group, where he led the development of over $3 billion of private real estate product. During his time with the world's largest asset manager, he also served as the COO of a $14-billion global equities investment team
RealtyMogul CEO Jilliene Helman cites Halfacre's “stellar track record and incredible depth of real estate and capital markets industry expertise that will prove invaluable to the company. We will benefit immensely from his experience, and I am confident he will help the company reach new heights.” For his part, Halfacre says that his industry experience “across real estate and alternatives, debt and equity, retail and institutional, and both public and private markets is a perfect fit for RealtyMogul's future.”
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Paul Bubny
Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
