Confidentiality Agreement
To access the Sponsor’s private offering documents for this investment, you must first acknowledge and agree to the below.
By clicking the ‘I Agree’ button below:
The issuer is currently accepting subscriptions into this offering for an upcoming acquisition. If a percentage funded is shown, it represents the cumulative capital subscribed in this offering as a percentage of the total capital that the issuer has accepted in previous tranches plus the amount of capital the issuer will accept for the next acquisition and excludes amounts that may be available with respect to future closings.
Multifamily
The RM Communities Distressed GP Fund
Geographically Diversified
Open to Invest
98% funded
The issuer is currently accepting subscriptions into this offering for an upcoming acquisition. If a percentage funded is shown, it represents the cumulative capital subscribed in this offering as a percentage of the total capital that the issuer has accepted in previous tranches plus the amount of capital the issuer will accept for the next acquisition and excludes amounts that may be available with respect to future closings.
...
The RM Communities Distressed GP Fund
Geographically Diversified
All Investments > The RM Communities Distressed GP Fund
...
Overview
The RM Communities Distressed GP Fund
The RM Communities Distressed GP Fund ("the Fund") offers investors the chance to invest alongside repeat sponsor, RM Communities. The Fund will receive 25% of RM Communities' realized carried interest with no fees charged by RM Communities at the fund level. The Fund’s objective is to acquire multifamily properties in strong markets that are experiencing distress, be it financial, operational, physical, or other situational distress.
current
current
current
current
current
current
current
current
current
current
Videos
Details
For more information, view the Sponsor's Investment Memorandum.
Estimated First Distribution 2/2025
Minimum Investment 50000
Investment Strategy Value-Add
Investment Type Equity
Sponsor Documents
The offering documents above have been prepared and are being delivered by the Sponsor of this investment opportunity, and not by RM Securities, LLC. RM Securities, LLC and its associated persons did not assist in preparing, do not explicitly or implicitly adopt or endorse, and are not otherwise responsible for, the Sponsors offering documents posted below or any content therein.
Deal Highlights
Investment Highlights
Experienced, Repeat Sponsor: RM Communities is a private investment firm with over 2,300 multifamily units acquired and a fully dedicated team of acquisitions, underwriting, and asset management professionals.
Lower Potential Costs: No fees or expenses are charged by RM Communities at the fund level. RM Communities only shares in the carried interest with investors. This arrangement allows the potential for higher net returns due to lower direct costs.
Earn Carried Interest: As the Fund's general partner, RM Communities has the potential to receive carried interest on investments. The Fund will receive 25% of RM Communities' realized carried interest.
Distress in Multifamily: An evolving economic and interest rate environment has opened a window of opportunity where select multifamily properties can be acquired at prices that are significantly discounted. A tighter lending environment coupled with rapid interest rate hikes to combat inflation have put downward pressure on valuations and left many owners forced to sell. RM Communities believes the next 12-24 months will present opportunities to capitalize on a brief period of market dislocation.
Leveraged Equity Return: The Fund is structured to gain a leveraged equity return by co-investing an anticipated 5% to 25% in individual property acquisitions with various co-investors. By receiving a portion of RM Communities' carried interest, Fund investors will receive a return that is anticipated to be above the property-level returns, surpassing the returns of traditional limited partners.
Targeted Opportunities: The Fund will target core-plus and/or value-add multifamily opportunities that are experiencing distress, be it financial, operational, physical, or other situational distress.
Immediate Capital Deployment: The Fund has already made two investments, Rose Hill Townhomes & Villas and Xander Apartments, both located in the Columbus MSA. This allows for an immediate participation in cash flow distribution.
Experienced, Repeat Sponsor: RM Communities is a private investment firm with over 2,300 multifamily units acquired and a fully dedicated team of acquisitions, underwriting, and asset management professionals.
Lower Potential Costs: No fees or expenses are charged by RM Communities at the fund level. RM Communities only shares in the carried interest with investors. This arrangement allows the potential for higher net returns due to lower direct costs.
Earn Carried Interest: As the Fund's general partner, RM Communities has the potential to receive carried interest on investments. The Fund will receive 25% of RM Communities' realized carried interest.
Distress in Multifamily: An evolving economic and interest rate environment has opened a window of opportunity where select multifamily properties can be acquired at prices that are significantly discounted. A tighter lending environment coupled with rapid interest rate hikes to combat inflation have put downward pressure on valuations and left many owners forced to sell. RM Communities believes the next 12-24 months will present opportunities to capitalize on a brief period of market dislocation.
Leveraged Equity Return: The Fund is structured to gain a leveraged equity return by co-investing an anticipated 5% to 25% in individual property acquisitions with various co-investors. By receiving a portion of RM Communities' carried interest, Fund investors will receive a return that is anticipated to be above the property-level returns, surpassing the returns of traditional limited partners.
Targeted Opportunities: The Fund will target core-plus and/or value-add multifamily opportunities that are experiencing distress, be it financial, operational, physical, or other situational distress.
Immediate Capital Deployment: The Fund has already made two investments, Rose Hill Townhomes & Villas and Xander Apartments, both located in the Columbus MSA. This allows for an immediate participation in cash flow distribution.
Contact Us
Questions before investing?
Speak with our Investor Relations team.
Schedule a Call
Management
For more information, view the Sponsor's Investment Memorandum.
RM Communities

RM Communities is a sister-company to RealtyMogul, one of the leading online platforms for real estate investing. RM Communities is an owner/operator of multifamily assets with a proprietary playbook to deliver strong risk-adjusted returns. RM Communities has acquired over 2,700 multifamily units and more than $455 million* in real estate with a fully dedicated team of acquisitions, underwriting, and asset management professionals.

Sponsor Track Record
Property Name Location Class No. of Units Year Built Purchase Price CapEx Budget Acquisition Status
Terrace Hill El Paso, TX B 310 1983 $18,700,000 $4,095,000 Sold
La Privada El Paso, TX B 240 1982 $11,700,000 $1,867,000 Closed
The Hamptons Virginia Beach, VA B 212 1973 $19,051,000 $3,792,000 Closed
Pohlig Box Factory & Superior Warehouse Richmond, VA A- 93 & Retail 2004 $15,900,000 $1,348,000 Closed
Lubbock Medical Office Building Lubbock, TX B 20,880 SF 1966 $8,350,000 NNN Closed
Turtle Creek Fenton, MO A- 128 2018 $24,875,000 $596,000 Closed
The Orion Orion Township, MI B+ 200 1995 $27,375,000 $2,308,000 Closed
Kings Landing Creve Coeur, MO A- 152 & 9,229 Retail SF 2005 $40,100,000 $3,885,850 Closed
Minnehaha Meadows Vancouver, WA A 49 2021 $16,450,000 $83,950 Closed
Roosevelt Commons Vancouver, WA A 36 2020 $12,550,000 $78,200 Closed
Bentley Apartments Grove City, OH A- 138 2020 $30,200,000 $650,000 Closed
Sherwood Oaks Riverview, FL B 199 1984 $35,000,000 $1,266,725 Closed
Haverford Place Georgetown, KY A- 160 2001 $31,050,000 $2,836,734 Closed
Edison Apartments Gresham, OR A 64 2020 $19,500,000 $203,390 Closed
Ridgeline View Townhomes Vancouver, WA A 50 2022 $18,100,000 $37,500 Closed
Brookside Apartments Raleigh, NC B 68 1986 $9,400,000 $1,402,680 Closed
Hunters Ridge Apartments East Lansing, MI B 170 2004 $34,650,000 $2,056,660 Closed
223 E. Town Apartments Columbus, OH A 84 2017 $19,600,000 $301,566 Closed
Rose Hill Townhomes & Villas Columbus, OH B 132 1992 $19,400,000 $2,853,705 Closed
Xander Apartments Columbus, OH A 229 2021 $43,550,000 $804,126 Closed
Hawks Landing Hickory, NC A 144 2018 $27,335,000 $764,693 Under Contract
Total     2,858   $482,836,000 $31,231,779  

References made to the RM Communities portfolio includes four properties that were acquired prior to the formation of RM Communities. Consequently, these assets are included as part of the RM Communities portfolio as a result of being acquired and managed by the same executive leadership and according to the same investment strategy employed by RM Communities. Totals include Terrace Hill (sold) and pending acquisitions.

Management Team
Management
Jilliene Helman
Chief Executive Officer

Jilliene Helman is Chief Executive Officer of RM Communities where she has been involved with every acquisition since inception.  She is also Chief Executive Officer and Founder of RealtyMogul where she is responsible for the company’s strategic direction and operations. In this capacity, she has been involved in investments with property values worth over $7 billion including 197 multifamily transactions encompassing 33,000 multifamily units. Ms. Helman is also Chief Executive Officer of Realty Mogul Commercial Capital, Chief Executive Officer of RM Securities, a FINRA registered broker-dealer (BrokerCheck) and Chief Executive Officer of RM Adviser, an SEC Registered Investment Adviser.  She also sits on the Board of Directors for RealtyMogul Apartment Growth REIT.  Ms. Helman holds a Bachelor’s degrees in International Business and Management Change from Georgetown University.

Management
Ian Rosa
Director of Investments

Ian Rosa is the Director of Investments for RM Communities and has the responsibility of being involved at all levels of RM Communities, including strategies related to the firm as well as individual deals. Mr. Rosa is actively involved in developing and maintaining relationships with investors and partners. Mr. Rosa previously worked at Highline Real Estate Capital and Rialto Capital Management. Mr. Rosa has an M.B.A. from the University of Miami, a J.D. from DePaul University College of Law and a Bachelor’s degree from Indiana University.

Management
Christian Popoff
VP of Asset Management

Christian Popoff is the Vice President of Asset Management for the RM Communities portfolio. His focus is centered on RMC’s growing collection of investments with an emphasis on maximizing performance, value creation, and acquisitions collaboration. With over 18 years of professional experience in commercial real estate investment management, he has a versatile background in all asset types through various roles as an advisor and owner/lender representative. He holds a B.S. in Finance from the University of Nevada, an MBA from National University, and completed the Light Construction & Development Management certification program at the University of California, Irvine.

Financials
For more information, view the Sponsor's Investment Memorandum.
Distributions

By investing in the Fund, investors avoid property-level waterfalls and consequently, do not pay any property-level carried interest.

The Fund receives 25% of RM Communities' carried interest. (2)

At the Fund level, there is an 8% preferred return and then an 80/20 split to the Investors / Sponsor after an 8% preferred return.

Fees

There are no management fees paid to the Sponsor at the Fund level. (3)

 

 

(1) References made to the RM Communities portfolio include four properties that were acquired prior to the formation of RM Communities. Consequently, these assets are included as part of the RM Communities portfolio as a result of being acquired and managed by the same executive leadership and according to the same investment strategy employed by RM Communities.

(2) The receipt of any portion of carried interest by the Fund is not guaranteed. Furthermore, with respect to any particular investment, carried interest may be paid to parties other than the Sponsor, including but not limited to, affiliates of the Sponsor, joint venture partners, and/or co-GP partners. The Fund will not receive any portion of any carried interest paid to any such other parties, and the 25% referred to above is solely 25% of any carried interest actually received (whether directly or through other affiliated entities) by the Sponsor itself. 

(3) Acquisition fees, asset management fees, and other fees will be paid to RM Communities and/or affiliates at the individual property investment level; please refer to the Memorandum materials for details.  

Distributions

By investing in the Fund, investors avoid property-level waterfalls and consequently, do not pay any property-level carried interest.

The Fund receives 25% of RM Communities' carried interest. (2)

At the Fund level, there is an 8% preferred return and then an 80/20 split to the Investors / Sponsor after an 8% preferred return.

Fees

There are no management fees paid to the Sponsor at the Fund level. (3)

 

 

(1) References made to the RM Communities portfolio include four properties that were acquired prior to the formation of RM Communities. Consequently, these assets are included as part of the RM Communities portfolio as a result of being acquired and managed by the same executive leadership and according to the same investment strategy employed by RM Communities.

(2) The receipt of any portion of carried interest by the Fund is not guaranteed. Furthermore, with respect to any particular investment, carried interest may be paid to parties other than the Sponsor, including but not limited to, affiliates of the Sponsor, joint venture partners, and/or co-GP partners. The Fund will not receive any portion of any carried interest paid to any such other parties, and the 25% referred to above is solely 25% of any carried interest actually received (whether directly or through other affiliated entities) by the Sponsor itself. 

(3) Acquisition fees, asset management fees, and other fees will be paid to RM Communities and/or affiliates at the individual property investment level; please refer to the Memorandum materials for details.  

Disclosures
RM Securities, LLC and its Affiliates Compensation

RM Securities, LLC, its registered representatives, affiliates, associated persons, and personnel of its affiliates who may also be associated with it, including our associated persons and personnel of our affiliates who are also be associated with RM Securities, LLC (it (“RM Securities,” “we,” “our,” or “us”) will receive fees, expense reimbursements, and other compensation (“Fees”) from the issuer of this investment offering, its sponsor, or an affiliate thereof (“Sponsor”), or otherwise in connection with Sponsor’s offering. The Fees paid to us are in addition to other fees you will pay to Sponsor or in connection with Sponsor’s investment offering. You will pay Fees to Sponsor, either directly or indirectly as an investor in the Sponsor’s offering. Sponsor will use the Fees you pay, as well as funds you invest in the relevant offering, to compensate us. The Fees paid to us will directly or indirectly be borne by you as the investor (typically, but not always, in the form of an expense of the Sponsor’s offering in which you invest) because such Fees will reduce the proceeds available for distribution to you and reduce the amount you earn over time.

For more information on the Fees paid to us, or any other Fees you will pay in connection with Sponsor’s offering, please carefully review the Sponsor’s Investment Documents. Please also carefully review RM Securities’ Form CRS, Regulation Best Interest Disclosures, and Limited Brokerage Services Agreement.

No Approval, Opinion or Representation, or Warranty by RM Securities, LLC

Sponsor has provided, approved, and is solely responsible in all aspects for the information on this webpage (“Page”), including Sponsor’s offering documentation, which may include without limitation the Private Placement Memorandum, Operating or Limited Partnership Agreement, Subscription Agreement, the Project Summary and all exhibits and other documents attached thereto or referenced therein (collectively, the “Investment Documents”). The Investment Documents linked on this page have been prepared and posted by Sponsor, and not by RM Securities. We did not assist in preparing, do not adopt or endorse, and we are not otherwise responsible for, the Sponsor’s Investment Documents. We make no representations or warranties as to the accuracy of information on this Page or in the Sponsor’s Investment Documents and we accept no liability therefor. No part of the information on this Page or in the Sponsor’s Investment Documents is intended to be binding on us.

Sponsor’s Information Qualified by Investment Documents

The information on this Page is qualified in its entirety by reference to the more complete information about the offering contained in the Sponsor’s Investment Documents. The information on this Page is not complete and subject to change at the Sponsor’s discretion at any time up to the closing date. The Sponsor’s Investment Documents and supplements thereto contain important information about the Sponsor’s offering including relevant investment objectives, the business plan, risks, charges, expenses, and other information, which you should consider carefully before investing. The information on this Page should not be used as a basis for an investor’s decision to invest.

Risk of Investment

This investment is speculative, highly illiquid, and involves substantial risk. There can be no assurances that all or any of Sponsor’s assumptions, expectations, estimates, goals, hypothetical illustrations, or other aspects of Sponsor’s business plans (“Assumptions”) will be true or that actual performance will bear any relation to Sponsor’s Assumptions, and no guarantee or representation is made that Sponsor’s Assumptions will be achieved. If Sponsor does not achieve its Assumptions, your investment could be materially and adversely affected. A loss of part or all of the principal value of your investment may occur. You should not invest unless you can readily bear the consequences of such loss. Sponsor’s Assumptions should not be relied upon as the primary basis for your decision to invest.

No Reliance on Forward-Looking Statements; Sponsor Assumptions

Sponsor is solely responsible for statements made concerning forward-looking statements and Assumptions, which apply only as of the date made, are preliminary and subject to change, and are expressly qualified in their entirety by the disclosures and cautionary statements included in Sponsor’s Investment Documents, which you should carefully review. Neither RM Securities nor Sponsor are obligated to update or revise such forward-looking statements or Assumptions to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Sponsor’s forward-looking statements and Assumptions are hypothetical, not based on actual investment achievements or events, and are presented solely for purposes of providing insight into the Sponsor’s investment objectives, detailing Sponsor’s anticipated risk and reward characteristics, and establishing a benchmark for future evaluation of actual results; therefore, they are not a predictor, projection, or guarantee of future results. You should not rely on Sponsor’s forward-looking statements as a basis to invest.

Importantly, we do not adopt, endorse, or provide any assurance of returns or as to the accuracy or reasonableness of Sponsor’s Assumptions or forward-looking statements.

No Reliance on Past Performance

Any description of past performance is not a reliable indicator of future performance and should not be relied upon as the primary basis to invest.

Sponsor’s Use of Debt

A substantial portion of the total cost of the real estate asset acquired by the Sponsor with investor funds (“Property”) will be paid with borrowed funds, i.e., debt. Sponsor’s estimated rates and terms of the debt financing are subject to lender approval, and there is no assurance that the Sponsor will secure debt at the rates and terms presented on this Page or in the Sponsor’s Investment Documents, or at all. The use of borrowed money to acquire real estate is referred to as leveraging, which can amplify losses and could result in lender foreclosure. In addition, if the debt includes a variable (or “floating”) interest rate, the total amount of interest paid over the term of the debt will fluctuate and can increase. As a result, Sponsor’s use of debt can result in a loss of some or all of your investment.

Sponsor’s Offering is Not Registered

Sponsor’s securities offering will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), in reliance upon the exemptions from registration pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act (“Private Placement”). In addition, the offering will not be registered under any state securities laws in reliance on exemptions from state registration. Such securities (your ownership interests) are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable state and federal securities laws pursuant to registration or an available exemption. All Private Placements on the Platform are intended solely for “Accredited Investors,” as that term is defined in Rule 501(a) under the Securities Act.

No Investment Advice

Nothing on this Page should be regarded as investment advice (either with respect to a particular security or regarding an overall investment strategy), a recommendation, an offer to sell, or a solicitation of or an offer to buy any security. Advice from a securities professional is strongly advised to understand and assess the risks associated with real estate or private placement investments. For additional information on RM Securities’ involvement in this offering, please carefully review the Sponsor’s Investment Documents, and RM Securities’ Form CRS, Regulation Best Interest Disclosures, and Limited Brokerage Services Agreement.

1031 Exchange Risk

Internal Revenue Code Section 1031 (“Section 1031”) contains complex tax concepts and certain tax consequences may vary depending on the individual circumstances of each investor. RM Securities and its affiliates make no representation or warranty of any kind with respect to the tax consequences of your investment or that the IRS will not challenge any such treatment. You should consult with and rely on your own tax advisor about the tax aspects with respect to your particular circumstances.

JOIN REALTYMOGUL
Create an account or sign in.
Are you an Accredited Investor?
Must be 8 characters or more with an uppercase and lowercase character, a number, and a symbol.
By clicking "JOIN REALTYMOGUL" you are agreeing to our Terms of Service and Privacy Policy, and that you've had an opportunity to review RM Securities, LLC's Form Customer Relationship Summary.
SIGN IN
Don’t have an account yet? Join RealtyMogul.
Forgot Password?
Questions? Our Investor Relations team is available to help 9 AM - 8 PM ET Monday to Friday. Contact us at (877) 977-2776.
Forgot Password
Enter your email address to receive a code to reset your password.
Enter the code sent to your email address below and your new password.

Resend Code

WELCOME
Welcome,

Welcome to RealtyMogul! We need to ask a few additional questions to get to know you.

Your Net Worth
Are you interested in 1031 exchanges?
Thank you!

We’ve received your information and updated your Investor Profile.

Welcome to RealtyMogul

As part of RealtyMogul's commitment to transparency, we want to inform you that you have been directed to our website from an unaffiliated third-party marketing company who is compensated up to $250 for each investor who registers on our site. RealtyMogul and its affiliates have no relationship with the marketing company other than this compensation arrangement. RealtyMogul and its affiliates are not responsible for the preparation or accuracy of, and do not explicitly or implicitly adopt or endorse, any content provided by the unaffiliated marketing company.