RealtyMogul Launches Second REIT

Los Angeles-based RealtyMogul, the online commercial real estate investing marketplace led by Jilliene Helman, said this morning that it has launched the company's second, real estate investment trust. RealtyMogul said its new MogulREIT II real estate investment trust will invest in multifamily apartment communities across the United States. The company said the new REIT comes as a result of response to its first REIT, and the popularity of multifamily investments with its customers.