RealtyMogul and Comunidad Realty Partners Sell Dallas Area Investment Property


RealtyMogul and Comunidad Realty Partners Sell Dallas Area Investment Property

RealtyMogul , a pioneer in providing private real estate to discerning investors, announced that it has sold an investment property in partnership with Comunidad Realty Partners at greater than 1.5 times its purchase price.

The property, Lodge at Main, a 208-unit multifamily apartment complex in the Dallas/Fort Worth, Texas area was acquired in 2015. The property was identified by Comunidad Realty Partners and RealtyMogul as an investment property that could benefit from a value-add strategy involving the renovation of units and common areas. NOI, or net operating income, increased by $391,296, or 49%, through the execution of the value-add strategy.

“Comunidad Realty Partners’ experience sourcing multifamily assets and successfully executing their specialized value-add business plans makes them valuable partners” said Jilliene Helman, CEO & Co-Founder of RealtyMogul. “We are pleased with the results, and hope our investors will be too.”

The Lodge at Main investment opportunity was offered to RealtyMogul’s accredited investors as an individual private placement after passing RealtyMogul’s stringent zero-based underwriting methodology, which analyzes each deal from scratch through a combination of proprietary in-house analytics and underwriting. The process is so intensive that less than 1% of the deals brought to RealtyMogul pass its’ high underwriting standards.

Private Placements are speculative and involve substantial risks. Consider the risks outlined in the Offering Documentation before investing. Risks include, but are not limited to illiquidity, lack of diversification, complete loss of invested capital, default risk, industry and capital call risk. These investments may not achieve their objectives.

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.

Join RealtyMogul
Gain access to commercial real estate deals across the country
Easily review, compare and invest in deals that meet your criteria
Build the real estate portfolio that’s right for you
Potential benefits include diversification, growth and passive income
Password should be at least 8 characters, contain an uppercase character, a lowercase character, a number and a symbol.
By clicking "JOIN REALTYMOGUL" you are agreeing to our Terms of Service and Privacy Policy.
Sign In
Don’t have an account yet? Join RealtyMogul
Please enter your email and password below.

Forgot Password?

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