Investors crowdfunded approximately $3 million to help Brennan Investment Group acquire the properties in 2014
Press Release – LOS ANGELES – May 3, 2016 – RealtyMogul.com, a leading online marketplace for real estate investing, announced today the completion of two full-cycle equity transactions after the sales of the Cumberland Metro Office Park in Chicago, IL and the Jackson Industrial Park in Indianapolis, IN. The successful sale of the properties, sold to the same buyer by Chicago-based private real estate firm Brennan Investment Group, resulted in 20.2% and 33.5% internal rates of return to RealtyMogul.com investors, respectively.
“The outstanding returns from the Cumberland and Jackson deals once again prove the outcomes real estate investors can achieve through crowdfunding,” said Jilliene Helman, CEO of RealtyMogul.com. “Brennan Investment Group has been a great partner in helping us give our investors the opportunity to enjoy value creation through strategic repositioning of th…