In September 2017, RealtyMogul rolled out another REIT, the Apartment Growth REIT. Like the service’s first REIT, The Apartment Growth REIT will be open to both accredited and non-accredited investors, allowing all investors to invest in the real estate market.
The focus of this second REIT is inequity only of multi-family nationwide, which is a particularly hot sector of the market. As RealtyMogul reports, “According to the U.S. Census Bureau’s Housing and Vacancy Homeownership Report, the U.S. apartment market has experienced a strong recovery, as evidenced by the steady drop in vacancies and an average annual effective rent growth of 3.9% per year, between 2010 and 2015.”