RealtyMogul has gained a new executive team member. REIT industry veteran Aaron Halfacre, formerly the president and CEO of publicly traded student housing REIT Campus Crest, has joined RealtyMogul as president. We sat down with Halfacre to talk about the new position, get his outlook for the crowdfunding market and see what is in store for the peer-to-peer pioneering firm under his leadership.

GlobeSt.com: You have a background in REITs. Are you planning to approach this crowdfunding investment platform differently?

Aaron Halfacre: Interestingly, REITs and crowdfunding are two unique pieces of what I would call “legislative technology” – legislature that has materially reshaped how we invest. REITs were created when President Eisenhower signed into law the REIT Act title contained in the Cigar Excise Tax Extension of 1960. Crowdfunding was created when President Obama signed into law Title III contained in the JOBS Act of 2012. Only recently, in the last two years or so, have we seen these two really begin to merge. Only a handful of companies offer REITs via the JOBS Act. RealtyMogul is the only company to do so under FINRA rules and registration – a must have in my opinion. That's why I chose to join.