Realty Mogul Named to HousingWire Tech100 elite list: Real Estate Crowdfunding Startup has Invested in over $95 Million Worth of Real Estate
Startup honored as one of most innovative tech companies in the real estate industry
Beverly Hills, CA – February 28, 2014 – Realty Mogul announced today that it had been named a 2014 recipient of the prestigious “HousingWire Tech 100” award, which honors the multi-billion dollar housing economy’s 100 most innovative technology companies of 2014. The annual program is the first to look at the entire housing economy, spanning residential real estate to mortgage lending, servicing and investments.
Realty Mogul joins Zillow, Accenture, and Auction.com, in being recognized for their cutting edge work in technology and real estate. HousingWire’s Executive Editor, Jacob Gaffney announced, “With more than 400 firms under consideration this year, selecting 100 was incredibly difficult – and making the cut should be considered a distinct honor. What really stands out to me is this: for the firms included in the 2014 HW TECH100™, the average reported customer growth rate year-over-year was a whopping 359 percent. This tells me that innovation is really taking off when it comes to the future of the housing economy.”
According to Realty Mogul CEO Jilliene Helman, “Honors like the HW TECH100 acknowledge the power of our platform to disrupt real estate investing through crowdfunding by bringing the best project sponsors searching for new financing sources and savvy investors who want a passive income source.”
Realty Mogul CEO Jilliene Helman also points out that recent crowdfunding regulations combined with technological innovation has allowed the company to enjoy massive success. She states, “The JOBS Act has really opened the floodgates for crowdfunding, and our platform has brought the power of crowdfunding to real estate investing, allowing us to combine technical innovation with political change to broaden access to pre-vetted real estate investments that were previously inaccessible to investors.”
Realty Mogul is a real estate crowdfunding company that has thus far limited participation in its platform to accredited investors – persons who earn $200,000 or more annually or have a net worth over $1 million. The site is a national leader in the commercial real estate financing sector and has analyzed over $1.5 billion worth of private real estate transactions. Properties crowdfunded by Realty Mogul include shopping centers, apartment buildings and self-storage facilities.
About Realty Mogul
Realty Mogul (@Realty_Mogul) is crowdfunding for commercial real estate, a marketplace for accredited investors to pool money online and buy shares of real property like office buildings, apartment buildings and retail centers. Realty Mogul gives thousands of 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. Realty Mogul partners with private real estate companies to source quality deal flow and curates all the investments. For these real estate companies, they have access to a broader capital pool and tools to do investor reporting, investor communication and distributions.