{"id":1004130304,"date":"2015-10-28T11:16:01","date_gmt":"2015-10-28T19:16:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004130304"},"modified":"2022-12-07T12:56:10","modified_gmt":"2022-12-07T20:56:10","slug":"medical-office-property-acquired-following-successful-realtymogul-com-campaign","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/medical-office-property-acquired-following-successful-realtymogul-com-campaign\/","title":{"rendered":"Medical Office Property Acquired Following Successful RealtyMogul.Com Campaign"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/em><\/p>\n

RealtyMogul.com recently announced that it has facilitated yet another real estate transaction. The crowdfunding platform raised equity for the project\u2019s sponsor SF Partners, which eventually led to the acquisition of the Hollywod Medical Center in Hollywood, Florida.<\/p>\n

\"Jilliene<\/a>

Jilliene Helman – RealtyMogul.com CEO<\/p><\/div>\n

Located at 3600 Washington St., the five-story multi-tenant medical office building was acquired with help from the platform\u2019s 20,000 accredited investors. \u201cHollywood Medical Center provided our investors an opportunity to participate in a value-add investment with established cash flow and the potentioal for additional lease-up,\u201d RealtyMogul.com CEO Jilliene Helman noted.<\/p>\n

Totaling 57,815 rentable square feet and a covered parking facility, the building is located on the campus of the Memorial Healthcare System. Hollywood Medical Center currently operates at a vacancy rate of 20 percent. The new owner will use the equity raised via the crowdfunding platform to execute a capital improvement plan, add new tenants to the property, and aim to reduce the asset\u2019s operating expenses.<\/p>\n","protected":false},"excerpt":{"rendered":"

The new owner crowdfunded its way to owning the Hollywood Medical Center.<\/p>\n","protected":false},"author":237,"featured_media":1004130311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21783,21754,1492],"tags":[],"class_list":["post-1004130304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-investment","category-medical-office","category-miami"],"acf":[],"yoast_head":"\nMedical Office Property Acquired Following Successful RealtyMogul.Com Campaign - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/medical-office-property-acquired-following-successful-realtymogul-com-campaign\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medical Office Property Acquired Following Successful RealtyMogul.Com Campaign\" \/>\n<meta property=\"og:description\" content=\"The new owner crowdfunded its way to owning the Hollywood Medical Center.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/medical-office-property-acquired-following-successful-realtymogul-com-campaign\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-28T19:16:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T20:56:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/Jilliene-Helman-Realty-Mogul.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"439\" \/>\n\t<meta property=\"og:image:height\" content=\"336\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/medical-office-property-acquired-following-successful-realtymogul-com-campaign\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/medical-office-property-acquired-following-successful-realtymogul-com-campaign\/\",\"name\":\"Medical Office Property Acquired Following Successful RealtyMogul.Com Campaign - 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