Realty Mogul crowdfunding investments surpass $4 million

Realty Mogul, a crowdfunding site for real estate, reports that it’s attracted more than $4 million in cumulative investments through Sept. 26, helping fund purchases or equity stakes in 20 properties valued at more than $20 million and returning $384,769 to investors.

The company’s mostly funding residential properties (43 percent) and multifamily projects (40 percent), but nearly $1 in $5 is going into mobile homes (18 percent). Realty Mogul has had the biggest impact in Tennessee, Texas, Kansas, California and Washington. Source: