Lew Wood Joins as Director of Acquisitions, Southwest, for RM Communities, the Direct Acquisition Arm of RealtyMogul

LOS ANGELES--(BUSINESS WIRE)--RealtyMogul, a leading real estate private equity firm, is thrilled to announce that Lew Wood has joined the firm as Director of Acquisitions. Mr. Wood will be responsible for sourcing and acquiring multifamily assets in the Southwest region for RM Communities, the acquisition arm of RealtyMogul.

Mr. Wood comes to RealtyMogul with over 40 years of experience in commercial real estate, most recently at Pan American Group (PAG). Lew has an extensive skill set in the commercial real estate market. As a licensed real estate broker in Texas representing CBRE, Cushman & Wakefield, Henry S Miller and Younger Partners, Lew sold over $1 billion of multifamily assets, office buildings and strategic CBD land parcels. Additionally, Lew, spent ten years as President of Pan American Capital Corp, (PACC) as a real estate developer. PACC developed historic warehouses located in the Deep Ellum area of downtown Dallas. These award winning live/work lofts generated historic tax credits and solid financial returns to the limited partners. The Deep Ellum Lofts garnered multiple awards and letters of recommendation from Ron Kirk, Mayor of the City of Dallas. As Director of Acquisitions at TVO North America, Lew purchased over 3,500 apartment units located in the Texas and Louisiana markets, with total capitalization of more than $350 million.

Lew commented, “I am very excited for this opportunity to join such a dynamic online platform and help drive acquisition growth for RM Communities.”

Jilliene Helman, RealtyMogul’s founder and CEO, added, “We are thrilled to have Lew leading the Southwest region for RM Communities. He has an unparalleled depth of experience in the market and we look forward to significantly expanding our presence in the Southwest.”

About RM Communities

RM Communities is the direct acquisition arm of RealtyMogul, a private equity firm with investments in over $2 billion of real estate, including historical investments in over 16,000 apartment units. RM Communities acquires $15+ million multifamily assets in stable and emerging U.S. markets and focuses on well-located properties with in-place cash flow in addition to properties with managerial upside or value-add opportunities. In addition to direct acquisitions, RealtyMogul deploys capital in multifamily, office, retail and industrial properties through joint venture equity and preferred equity investments nationally. For more information about RealtyMogul, visit www.Realtymogul.com.