Online commercial real estate marketplace RealtyMogul.com has unveiled its first commercial real estate fund. MogulREIT 1 is structured as a real estate investment trust with a $2,500 minimum investment. It is open to most investors and comes with the potential for consistent cash dividends and equity appreciation.
Participants can access a portfolio including multifamily, retail, self-storage and office buildings with a single investment. They are not charged a commission and offering expenses are capped at three percent.
“Beyond the zero commissions and lower fees, the fund’s strategy is exciting because it allows us to leverage RealtyMogul.com’s hundreds of inbound inquiries for financing on commercial real estate and curate them to find suitable opportunities,” CEO Jilliene Helman said.
In a release, RealtyMogul.com said it only invests in cash-flowing properties and avoids ground up or development transactions.
“Through a flexible investment strategy we can invest in both debt and equity as well as various property types and geographies, allowing us to be opportunistic,” Ms. Helman continued. “We’re looking forward to executing against our twofold objective for the fund – providing investors with both consistent cash distributions and the opportunity to benefit from potential appreciation in property values.”