Real Estate Veteran Derek Jensen Joins RM Communities, the Direct Acquisition Arm of RealtyMogul, as Director of Acquisitions

LOS ANGELES--(BUSINESS WIRE)--Today, RM Communities, a leading real estate private equity firm that serves as the direct acquisition arm of RealtyMogul, announced that Derek Jensen has joined their executive team in the role of Director of Acquisitions. Mr. Jensen has transacted over 10,000 multifamily units over his career, and will be responsible for a range of strategic and day-to-day operations that support the growth of the RM Communities portfolio.

RealtyMogul and RM Communities were founded with the mission of broadening access to real estate investing. They represent a community of over 200,000 RealtyMogul members across a $3.1 billion portfolio that includes over 16,000 multifamily units.

Mr. Jensen’s track record of transacting market rate apartments, affordable housing and fractured condominiums has spanned decades, and at RM Communities, his role will be to source and close multifamily investment opportunities with the goal of generating exceptional risk adjusted returns. His responsibilities will include projecting future cash flows, negotiating purchase agreements, structuring equity and debt, coordinating due diligence, and planning capital improvements.

“I’ve spent my career in the traditional real estate investment industry, working to identify and acquire some of America’s best apartment properties,” Mr. Jensen commented. “Now, my task is to apply that skillset to bring individual investors from all across the US access to exceptional, institutional-quality investments.”

Jilliene Helman, RealtyMogul’s CEO, expounded, “While we pride ourselves in being technologists that leverage modern tools to make investing accessible to anyone, we fundamentally are real estate investors. We are entrusted by nearly a quarter of a million individual members to offer vetted, institutional-quality deals with the click of a button, we’ve worked tirelessly to find the right person to lead acquisitions for our investment arm, RM Communities. In Derek Jensen, I firmly believe we’ve hired one of the best executives in America, and we couldn’t be more excited to collaborate to support the continued growth of our company and community.”

Mr. Jensen holds a Master’s Degree in Real Estate from the University of San Diego and a Bachelor’s Degree from Northeastern University.

About RealtyMogul

RM Communities is the direct acquisition arm of RealtyMogul. Combined they have been involved in investments in over $3.1 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 is a technology platform allowing individual investors to deploy 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.