IPO - RealtyMogul Income REIT, LLC

Form Type: 253G2

Filing Date: 2025-04-30

Corporate Action: Ipo

Type: Update

Accession Number: 000164117225007851

Filing Summary: This document serves as Supplement No. 12 to the Offering Circular of RealtyMogul Income REIT, LLC, updating the status of its Second Follow-on Offering and providing information regarding current distributions and the description of its common shares. The Second Follow-on Offering commenced on May 13, 2022, aiming to raise up to $67,475,141, part of which is allocated for a distribution reinvestment plan. As of March 31, 2025, the REIT has raised approximately $146,521,000 through the offering and has issued around 14,381,000 shares to approximately 7,700 unique investors. The document notes that there have been requests for share repurchases surpassing the set limits. Furthermore, a daily cash distribution of $0.0013578082 per share has been authorized for the period from April 1, 2025, to April 30, 2025, which equates to approximately 6.0% of the net asset value on an annualized basis. Cumulatively, the REIT has paid over $42 million in distributions since inception.