EDGAR Verified
Primary Source · SEC.gov

RealtyMogul 123, LLC

Single-Deal SPV2019 vintage506(b), 3(c)(1)

Raised

$4M

Investors

90

Min Invest

$10,000

AltStreet Analysis

·

Generated from EDGAR primary sources

RealtyMogul 123, LLC is a Delaware-based pooled investment fund filed by Jilliene Helman (Executive Officer) as part of the RealtyMogul platform. This amended Form D reports $3.5M raised from 90 investors under Regulation D exemptions 506(b) and 3(c)(1), with a $10K minimum investment. RealtyMogul operates 42+ related EDGAR entities focused on real estate investments.

This real estate pooled investment fund utilizes the common 506(b)/3(c)(1) exemption structure with a $10K minimum, positioning it in the accessible retail-accredited investor tier. The $38.9K average commitment per investor and broad investor base of 90 participants reflects RealtyMogul's crowdfunding-style distribution model typical of online real estate platforms.

Data Flags

investor_count90 investors contributing an average of $38.9K each represents an unusually fragmented capital structure for a $3.5M raise, suggesting platform-driven retail distribution
first_sale_dateFirst sale date not disclosed on an amended filing for a sub-$10M raise, limiting transparency on offering timeline

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001757720
Entity NameRealtyMogul 123, LLC
ExemptionRule 506(b), Section 3(c), Section 3(c)(1)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(1) of the Investment Company Act: the fund is excluded from investment-company registration because it has no more than 100 beneficial owners.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Issuer Address73 Greentree Drive #677, Dover, DE 19904
Phone(310) 907-7129
Industry / Fund TypeCommercial
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer)
Securities TypeEquity, Pooled Investment Fund
First Sale Date—
Filing DateJanuary 25, 2019
Accession Number0001757720-19-000001
Total Offering Amount$3,530,000
Total Amount Sold$3,530,000
Amount Remaining$0
Total Investors90
Non-Accredited InvestorsNone
Minimum Investment$10,000
Offering DurationOne year or less
Revenue RangeNo Revenues
State (Issuer Address)DE
Amendment Count1 amendments filed

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

AltStreet Coverage

Original reporting from AltStreet's daily EDGAR monitoring covering RealtyMogul and its filings.

All AltStreet news

Capital Raise Timeline

2 Form D filings from Dec 14, 2018 to Jan 25, 2019, the latest a D/A.

Checking access…

Fund Family

Every vehicle in this manager's series as it appears on EDGAR, newest generation first. Sold-to-date and investor counts are each vehicle's latest Form D.

Fund family

RealtyMogul30 vehicles · 0 generations · since 2018 · $72.3M sold across the family

VehicleRoleFirst filedStatusSoldInvestors
Unnumbered · first filed 2018-06-20 · 30 vehicles · $72.3M sold · 1,674 investors
RealtyMogul 123, LLCofferingthis issuer2018-12-14closed$3.5M90
RealtyMogul 137, LLC2019-11-06closed$5.6M91
RealtyMogul 130, LLCoffering2019-04-25closed$4.7M94
RealtyMogul 142, LLC2020-01-07closed$4.6M80
RealtyMogul 143, LLC2020-02-13closed$4.0M75
RealtyMogul 131, LLCoffering2019-06-18closed$3.9M86
RealtyMogul 128, LLCoffering2019-03-15closed$3.5M76
RealtyMogul 135, LLC2019-11-05closed$3.5Mshared47
RealtyMogul 139, LLC2019-11-05closed$3.2M73
RealtyMogul 119, LLCoffering2018-08-17closed$3.0M75
RealtyMogul 141, LLC2019-12-09closed$3.0Mshared52
RealtyMogul 132, LLCoffering2019-06-27closed$3.0M70
RealtyMogul 127, LLCoffering2019-03-06closed$2.8M60
RealtyMogul 124, LLCoffering2018-11-30closed$2.7M68
RealtyMogul 150, LLC2020-07-20closed$2.6M69
RealtyMogul 122, LLCoffering2018-09-25closed$2.6M61
RealtyMogul 114, LLCoffering2019-02-01closed$2.5M65
RealtyMogul 120, LLCoffering2018-08-17closed$2.4M62
RealtyMogul 144, LLC2020-03-26lapsed$2.4Mshared64
RealtyMogul 140, LLC2019-12-04closed$2.2M53
RealtyMogul 134, LLCoffering2019-08-16closed$2.2M59
RealtyMogul 117, LLCoffering2018-07-05closed$2.0M54
RealtyMogul 129, LLCoffering2019-04-02closed$2.0Mshared65
RealtyMogul 125, LLCoffering2019-01-30closed$2.0M57
RealtyMogul 138, LLC2019-11-05closed$1.9M55
RealtyMogul 133, LLCoffering2019-07-10closed$1.8M50
RealtyMogul 136, LLC2019-11-22lapsed$1.5M34
RealtyMogul 121, LLCoffering2018-10-04closed$1.4M35
RealtyMogul 126, LLCoffering2019-03-01closed$1.4M43
RealtyMogul 115, LLCoffering2018-06-20closed$1.3M39

Grouped from Form D issuer names (generation, sleeve, jurisdiction and legal-form tokens removed); a name-only match, so abbreviated or renamed vehicles can be missed. Sold and investor figures are each vehicle's latest Form D; sleeves that report the same figure share one family-wide total and are counted once. Performance lines are what a public pension plan reports for its own interest in that fund, net, on the plan's cash flows and valuation date; they are not the general partner's figures.

In the Terminal

Filing events

0

none on file

Critical / warning

0 / 0

0 watch · 0 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

closed

Open in the terminal Watch this issuerInvestor $149/mo unlocks the values; Pro $349/mo adds the universe.

Investor

  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

Pro

  • This issuer against its cohort: rank by velocity and share raised among offerings filed the same quarter
  • The same events, statements and NAV moves across every issuer, screenable, with unlimited watches and CSV

Counts and dates above are the free record. The values, the series and the comparisons are the seat. Loading your view…

Adviser of Record (Form ADV)

Rm Manager, LLC

CRD 186512 · exempt reporting adviser · lists this fund on Schedule D 7.B.(1) as a venture capital fund

From the adviser's Form ADV as loaded from the SEC bulk data through December 31, 2024, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Jilliene Helman

Executive Officer · Los Angeles, CA

Placement Agents and Sales Compensation (Form D)

Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.

North Capital Private Securities Corp.CRD 154559 on BrokerCheck

Salt Lake City, UT · Soliciting in all states

Questions About RealtyMogul 123, LLC

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is RealtyMogul 123, LLC?

RealtyMogul 123, LLC is a Delaware limited liability company that filed a Form D with the SEC on January 25, 2019 in the Commercial industry group. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1) for an offering of equity and pooled investment fund interests. AltStreet links the issuer to RealtyMogul.

Is RealtyMogul 123, LLC legit?

AltStreet does not rate legitimacy; it reports the public record. RealtyMogul 123, LLC filed a Form D with the SEC on January 25, 2019 claiming Rule 506(b), Section 3(c), Section 3(c)(1). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $3,530,000 sold to 90 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to RealtyMogul, which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is RealtyMogul 123, LLC registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that RealtyMogul 123, LLC claimed Rule 506(b), Section 3(c), Section 3(c)(1) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has RealtyMogul 123, LLC raised?

RealtyMogul 123, LLC reported $3,530,000 sold from 90 investors of a $3,530,000 total offering as of the Form D filed January 25, 2019.

Who can invest in RealtyMogul 123, LLC?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $10,000.

What is the minimum investment in RealtyMogul 123, LLC?

The Form D lists $10,000 as the minimum investment accepted from any outside investor as of January 25, 2019. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling RealtyMogul 123, LLC and how are they paid?

The Form D names North Capital Private Securities Corp. (CRD 154559) as the recipient of sales compensation soliciting in all states.

Who is behind RealtyMogul 123, LLC?

The Form D lists 1 related person: Jilliene Helman, executive officer (CEO). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is RealtyMogul 123, LLC located?

The issuer's address on its SEC filings is 73 Greentree Drive #677, Dover, DE 19904. Its phone number of record is 310-907-7129. It is organized under the laws of Delaware.

How long is the RealtyMogul 123, LLC offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 1 amendment is on record for this CIK.

What is RealtyMogul 123, LLC's revenue?

The Form D reports a revenue range of No Revenues.

Is this your offering?

Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.

Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.