In multiple reports it has been reported that real estate crowdfunding platform has surpassed $1 Million in transactions.
In the SohoLoft report it was mentioned;
..now crowdfunded $1.2 Million in transactions, exceeding expectations, and proving once more that crowdfunding works and it’s here to stay. Helman was amazed at the speed with which the company was able to raise funds – raising $615,000 in under three hours – it is among the fastest raises in crowdfunding history.
Realty Mogul is a crowdfunding platform for real estate investments for accredited investors. The Realty Mogul crowdfunding platform went live only in March of 2013. Investors using the platform may invest as little as $5000.00 in real estate investments participating in pooled investments for real estate assets.
Co founded by CEO Jilliene Helmen and Justin Hughes, the crowdfunding platform recently won the prestigious Hatch Award at SXSW this past spring.