All posts by admin

RealtyMogul Closes $2.75 Million Equity Investment in Plano Multifamily Portfolio

Property Acquired for $11.9 Million Through Partnership with Comunidad Realty Partners

LOS ANGELES–(BUSINESS WIRE)

RealtyMogul, a pioneer in providing private real estate to discerning investors, announced that it has completed an investment in a $11.9 million multifamily apartment portfolio in Plano, Texas, consisting of 156 units.

The property was acquired through a partnership with Comunidad Realty Partners, a dynamic real estate investment firm specializing in multifamily apartment communities in densely-populated Hispanic neighborhoods. Comunidad reports to have owned and managed over $600 million in multifamily assets overall, comprised of approximately 8,200 units. RealtyMogul has invested with Comunidad Realty Partners on five previous transactions.

“We are pleased to have closed this Plano Portfolio deal with Comunidad Realty Partners, who has extensive experience with the asset class and region,” said Jilliene Helman, CEO & Co-Founder of RealtyMogul. “I’ve personally known Antonio Marquez, the Principal of Comunidad Realty Partners, for the past four years, and continue to be impressed by their professionalism and ability to execute a unique business plan.”

The Plano Multifamily Portfolio was offered to RealtyMogul’s accredited investors as an individual deal, as well as its non-accredited investors via MogulREIT II, its real estate investment trust, or “REIT.” RealtyMogul was the first online real estate investing company to offer a sidecar investment opportunity and continues to source deals that cater to its member base, who have diverse goals and investment strategies.

About RealtyMogul
RealtyMogul is a unique commercial real estate private markets investing platform that provides discerning investors exclusive access to thoroughly vetted opportunities, rigorous underwriting, and high-touch customer service through licensed investment professionals. We strive to build wealth through sound principles and data insights, serving real people who want a smart alternative investing strategy.

We offer capital financing opportunities to qualified real estate companies, and through our rigorous vetting we’re able to hand-select opportunities for our discerning investors. RealtyMogul offers securities through North Capital Private Securities Corporation, member FINRA/SIPC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180405005454/en/

Contacts

RealtyMogul
Brian Chui
Director, Brand Marketing & Communications
Phone: 424-276-1152
brian.chui@realtymogul.com

The information on this page is provided by Business Wire. All rights reserved. Reproduction or redistribution of this content without prior written consent from Business Wire is strictly prohibited. Austin Business Journal is not responsible for this content. Learn more about this service.

Source Article

R&D/Leverage

Azpen Announces New Line of Qi Wireless Chargers

PLANO, Texas, March 20, 2018 /PRNewswire/ — Azpen Innovation, a developer of creative solutions with cutting-edge technology, design, and features, announces four of its innovative Qi wireless chargers: the Azpen Qi Wireless Charging Pad (C100), the Azpen Dual-Power Wireless Charging Pad (C200), the Azpen Power Bank with Wireless Charging (C300), and the Azpen Car Vent Magnetic Wireless Charger (C400). The company’s flagship DockAll Qi Wireless Charger (D100) was named a CES 2018 Innovation Awards Honoree in the Smart Energy category. Continue reading Azpen Announces New Line of Qi Wireless Chargers

SM Lifestyle

Leaders in Dentistry: Melissa Marquez, DentalOne Partners

By Tony Edwards, DrBicuspid.com editor in chief

Melissa Marquez began her career in dentistry as a dental assistant. But rather than pursue a clinical appointment, she put her passion into dentistry’s business aspects. Now, as the recently appointed senior vice president of operations for DentalOne Partners, a dental service organization (DSO) based in Plano, TX, she is well-placed to discuss the challenges the profession is facing. Continue reading Leaders in Dentistry: Melissa Marquez, DentalOne Partners