Tuesday, June 9, 2015

RealtyMogul.com Finances Property In Oregon

Los Angeles-based online real estate marketplace RealtyMogul.com annnounced its first deal in Oregon yesterday, saying it has financed a 74-unit, multifamily property near Portland, Oregon. RealtyMogul.com said the project sponsor, Trion Properties, tapped into its peer-to-peer marketplace to complete its transaction for the property. RealtyMogul allows accredited and institutional investors to connect with real estate companies, to help fund their property purchases. The company is led by Jilliene Helman, and venture backed by Canaan Partners.

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