LOS ANGELES--(BUSINESS WIRE)--RealtyMogul.com, the online marketplace for real estate investing, has named Steve Ozonian to its board of directors. This comes on the heels of the company’s announcement that it has raised a $35 million Series B financing round led by Sorenson Capital with additional funding from Canaan Partners.
Ozonian is a real estate, finance and technology executive who has led the growth and development of several major real estate companies including Prudential Real Estate Services and REALTOR.com. He is known for using technology as a strategic asset and understanding the real estate industry and its complicated structure unlike any other executive in a leading role.
“We are delighted to welcome Steve to our board,” said Jilliene Helman, CEO and co-founder of RealtyMogul.com. “Steve is one of the most knowledgeable and highly experienced real estate operating company executives whose perspective will be invaluable as RealtyMogul.com continues on its fast-paced growth trajectory. Alongside our lead investors – Sorensen Capital and Canaan Partners – Steve will add tremendous insight.”
“I believe that RealtyMogul.com is transforming the way investors and real estate companies connect with its online platform, and I am honored to join the board and help the company accelerate its growth,” said Ozonian. “The company’s high quality deal flow and ability to quickly and efficiently fund commercial and residential properties with both equity and debt offerings will help solidify its position as the market leader in the online real estate marketplace space.”
Previously, Ozonian served as a senior executive at Chicago Title & Trust and Coldwell Banker. He was the Chairman and CEO of Prudential’s Global Real Estate Services, where he expanded annual sales volume to more than $200 billion. He served as CEO of REALTOR.com, which at the time became the world’s most successful real estate search portal. He also served at Bank of America as its National Homeownership Executive.
RealtyMogul.com is an online capital marketplace for real estate, connecting borrowers and sponsors to capital from accredited and institutional investors. Through an online platform, RealtyMogul.com gives borrowers access to debt capital, sponsors access to equity capital and investors tools to browse investments, perform due diligence and invest online. RealtyMogul.com offers fix-and-flip loans, bridge loans, permanent loans and joint venture equity. For more information, please visit www.realtymogul.com.