RealtyMogul.com Transforms Commercial Real Estate Capital Markets By Securing $250MM in Commitments for Online Financing
LOS ANGELES--(BUSINESS WIRE)--RealtyMogul.com,
the onlinemarketplace for real estate investing, today announced online market place the
company has received $250MM in direct commitments from large
institutional investors, who have sizable balance sheets and want to
work with a leader in the online capital markets space.
These financial commitments will allow RealtyMogul.com
to offer two new products to commercial real estate borrowers.The first
is a three to five year, floating rate bridge product in the four to six
percent range; the second product is a fixed rate program which
primarily follows the standards set by the Commercial Mortgage-Backed
Security (CMBS) securitization market and is priced in the four percent
"Although CMBS loans have existed offline for some time, this is the
first time an online marketplace is able to offer a competitively priced
CMBS loan," said Jilliene Helman, CEO ofRealtyMogul.com.
"Through these institutional capital commitments we have secured, RealtyMogul.comsets
the stage to transform real estate capital markets forever."
Historically online marketplaces have been known for creating
higher-yielding debt.This new offering from RealtyMogul.comhas
the potential to change the landscape of real estate finance, and should
greatly impact the financing options of borrowers.
"This is the first time an online marketplace has introduced a product
online in the three to four percent range,"said Helman."We are very
proud to be redefining real estate lending online."
is an online marketplace for real estate investing, connecting real
estate companies to equity and debt capital from accredited and
institutional investors. Through an online website, RealtyMogul.com
gives investors tools to browse investments, do due diligence, invest
online and have 24/7 access to an investor dashboard to watch how their
investments are performing.
RealtyMogul.com partners with real estate companies to provide them with
access to a broader capital pool, as well as to provide tools for
investor communications and distributions. As a result, the platform
functions as a bridge between investors and real estate companies
looking for funding.
RealtyMogul.com offers equity securities throughWealthForge,
LLC member online market place FINRA/SIPC.
For more information on how to become a real estate investor or to seek
capital through the RealtyMogul.com marketplace, please visit www.realtymogul.com.
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