RM Communities
RM Communities is a subsidiary of RealtyMogul Co and an affiliate of RM Securities
Welcome to RM Communities
A national commercial real estate private equity firm focused on the acquisition and repositioning of value-add and core-plus multifamily properties.
RM Communities has grown its real estate portfolio to include over 2,300 multifamily units and over $375 million in real estate with a fully dedicated team of acquisitions, underwriting, and asset management professionals.1,2
RM Communities has grown its real estate portfolio to include over 2,300 multifamily units and over $375 million in real estate with a fully dedicated team of acquisitions, underwriting, and asset management professionals.1,2
Acquisition Criteria
◆ Multifamily (50+ units preferred) and Mixed-Use
◆ $10 Million+ Purchase Price
◆ Class A & B Assets
◆ Primary, Secondary and Tertiary Markets
◆ Value-Add & Core-Plus
Q1 2024 Webinar: RM Communities Overview.
Q1 2024 Webinar: RM Communities Overview.
Q1 2024 Webinar: Q1 in Review. Themes in Current Environment
Q1 2024 Webinar: Q1 in Review. Themes in Current Environment
Q1 2024 Webinar: Director of Investments’ Perspective
Q1 2024 Webinar: Director of Investments’ Perspective
Q1 2024 Webinar: Gameplan and Investing Philosophy
Q1 2024 Webinar: Gameplan and Investing Philosophy
Q1 2024 Webinar: Questions & Answers
Q1 2024 Webinar: Questions & Answers
Q1 2024 Webinar: Full Webinar
Q1 2024 Webinar: Full Webinar
Terrace Hill Case Study
Date Acquired: 5/31/2019
Purchase Price: $18,700,000
Units: 310
An affiliate of RM Communities acquired this 310-unit apartment property in May, 2019. The business plan was to make capital improvements to the exterior of the building and renovate a majority of the units to bring rents up to market, which at sale, was projected to generate a property-level IRR of 17.4%.
In the subsequent months, 219 of the 310 units were renovated and all renovated units were successfully leased, achieving an average premium rent rate of $134/month over the prior rent rates.
Based on this strong execution of the business plan which drove a 23% increase in the rental rate, the affiliate of RM Communities was able to successfully sell the property on October 25, 2021, resulting in:
23.1% property-level IRR2,3
1.53x equity multiple2,3
5.3% average cash-on-cash return for investors.2,3
RM Communities is a subsidiary of RealtyMogul Co. and an affiliate of RM Securities
RealtyMogul is a leading online technology platform for real estate investing with the mission of empowering investors to build a diversified real estate portfolio.
The RealtyMogul approach blends personalized service, proven business discipline and data-driven insights. This empowers RealtyMogul’s 290k+ members to create their own real estate portfolios.
RealtyMogul members have collectively invested over $1 billion in capital into more than $7.0 billion of real estate nationwide, including over 38,000 investments made since inception and as of April 17, 20242,4
RM COMMUNITIES DEDICATED TEAM
Todd Hanson
Managing Director
Todd Hanson
Managing Director
Todd Hanson is the Managing Director for RM Communities across the US with responsibility for overall strategy and directing all investment activities while also maintaining and developing capital and partnership opportunities. He was previously EVP, Head of Investments at a large multifamily PE firm and was a Director of the Real Estate Strategic Advisory Group at Houlihan Lokey Capital. Before joining Houlihan Lokey, Mr. Hanson was a corporate attorney with the Transactions Group of O’Melveny & Meyers, specializing in real estate and related capital markets transactions. He holds a B.A. with highest distinction in Economics and Finance from the University of Minnesota, where he was an Academic All- American Scholar; a J.D. magna cum laude from the University of Minnesota Law School, where he was a recipient of the NCAA Post-Graduate Scholarship; and an MBA from Northwestern University’s Kellogg School of Management.
Derek Jensen
Director of Acquisitions
Derek Jensen
Director of Acquisitions
Derek Jensen is a Director of Acquisitions for RM Communities, the direct acquisition arm of RealtyMogul, and has responsibility for overseeing direct acquisitions of multifamily opportunities in target markets across the US. Mr. Jensen has over 20 years of real estate experience, concentrated in the acquisition, management and disposition of over 10,000 multifamily units including market rate, value-add, affordable housing and fractured condominiums. Mr. Jensen has held positions at several private and institutional firms including Pacifica Companies and GFI Partners.
Christian Popoff
VP of Asset 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.
Yacov Ronen
Acquisitions Associate
Yacov Ronen
Acquisitions Associate
Yacov Ronen is an Acquisitions Associate for RM Communities supporting the direct acquisitions of multifamily opportunities in the Mountain West region of the United States and Texas. Prior to joining RM Communities, Mr. Ronen worked as an Associate at RealtyMogul where he was directly involved in $400M in acquisitions across various asset classes. He holds B.A. in Economics from University of California, Santa Barbara.
Michelle Hass
Asset Manager
Michelle Hass
Asset Manager
Michelle Hass is an Asset Manager for RM Communities and is responsible for the management of RM Communities’ portfolio with an emphasis on site operations, capital project management, due diligence, and post-acquisition asset transitions. Mrs. Hass has over 16 years of experience in third party apartment management as an Area Director over Midwest states with a focus on operational excellence, capital project coordination, and value enhancement.
Contact us for Acquisition Opportunities
Todd Hanson - Managing Director
Derek Jensen - Director of Acquisitions
DISCLAIMER
1 References made to the RM Communities portfolio includes four properties that were acquired prior to the formation of RM Communities. Consequently, these assets are managed by an affiliate and 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 Past performance is not indicative of future results and should not be used as a basis for an investor’s decision to invest. Investments made on the Realty Mogul Platform (“Platform”) prior to ${brokerDealerLaunchDate} were not offered by RM Securities, LLC and should not be viewed as indicative of or attributable to any performance related to the investment products or services offered by RM Securities, LLC, nor should you assume that any products or services offered by RM Securities, LLC will in the future will be profitable or equal to any performance of cumulative or specific past investments made on the Platform. Investment opportunities offered on the Platform are speculative, involve substantial risk (including loss of capital), and are illiquid. Please carefully review all Defined Terms herein, Platform Disclosures, and all of the specific offering documents for each investment product which contain important information about the fees you will pay, conflicts of interest, and relevant specific and general risks. All information and any calculations used herein is based on information from inception through ${brokerDealerLaunchDate}.
3 The Terrace Hill asset was acquired and managed by an affiliate of RM Communities. That affiliate is under the same executive management and employs the same investment and asset management strategies as RM Communities. Terrace Hill is the only deal in the portfolio to have gone full cycle
4 Capital invested includes: (i) common equity investments in real estate companies and funds; (ii) fixed income investments including preferred equity, senior debt, and mezzanine debt in connection with the acquisition or refinance of commercial real estate; (iii) residential debt investments in connection with financing the acquisition, improvement/renovation, and sale of single family homes; and (iii) loans originated for sale which include non-fractionalized loans sold to institutional buyers. Includes capital that has been deployed by, as well as material amounts of committed but undeployed cash held by, affiliated and unaffiliated real estate companies and funds, including cash in real estate funds that has been returned from completed investments. Certain investments are made by Realty Mogul, Co. or its affiliates. This information should not be used as a basis for an investor’s decision to invest. Investment opportunities on the RealtyMogul Platform are speculative and involve substantial risk.
2 Past performance is not indicative of future results and should not be used as a basis for an investor’s decision to invest. Investments made on the Realty Mogul Platform (“Platform”) prior to ${brokerDealerLaunchDate} were not offered by RM Securities, LLC and should not be viewed as indicative of or attributable to any performance related to the investment products or services offered by RM Securities, LLC, nor should you assume that any products or services offered by RM Securities, LLC will in the future will be profitable or equal to any performance of cumulative or specific past investments made on the Platform. Investment opportunities offered on the Platform are speculative, involve substantial risk (including loss of capital), and are illiquid. Please carefully review all Defined Terms herein, Platform Disclosures, and all of the specific offering documents for each investment product which contain important information about the fees you will pay, conflicts of interest, and relevant specific and general risks. All information and any calculations used herein is based on information from inception through ${brokerDealerLaunchDate}.
3 The Terrace Hill asset was acquired and managed by an affiliate of RM Communities. That affiliate is under the same executive management and employs the same investment and asset management strategies as RM Communities. Terrace Hill is the only deal in the portfolio to have gone full cycle
4 Capital invested includes: (i) common equity investments in real estate companies and funds; (ii) fixed income investments including preferred equity, senior debt, and mezzanine debt in connection with the acquisition or refinance of commercial real estate; (iii) residential debt investments in connection with financing the acquisition, improvement/renovation, and sale of single family homes; and (iii) loans originated for sale which include non-fractionalized loans sold to institutional buyers. Includes capital that has been deployed by, as well as material amounts of committed but undeployed cash held by, affiliated and unaffiliated real estate companies and funds, including cash in real estate funds that has been returned from completed investments. Certain investments are made by Realty Mogul, Co. or its affiliates. This information should not be used as a basis for an investor’s decision to invest. Investment opportunities on the RealtyMogul Platform are speculative and involve substantial risk.