Realty Mogul Reaches $10 Million Crowdfunding Benchmark

As mentioned in these pages last year, recent SEC deregulation has cleared the way for commercial real estate investments to seek capital from individual investors with fewer requirements than before. Add the internet to this new playing field and you get crowdsourcing of real estate investment: where property-based offers are thrown open to anybody with a web browser (and sufficient capital).

Among the early wave of startup companies in the crowdsourced real estate investment business is Realty Mogul. If this startup is any indication, it appears the new crowdfunding sector is getting off the ground: the company has announced $10 million in property acquisitions totaling 27 properties. 

 

The properties include multifamily, retail centers and storage facilities. As reported by Globe St.'s Kelsi Maree Borland, one thing that characterizes each of the portfolio's properties is cash flow:

 

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