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RCS Capital announces $10B lifetime direct investment equity capital raised

RCS Capital announced that Realty Capital Securities, its FINRA-registered wholesale broker-dealer subsidiary, has served as the dealer manager with respect to $10B in direct investment equity capital raised since the beginning of 2009. The milestone coincides with RCS attaining a 53% market share in real estate direct investment managing broker-dealer sales, more than five times the market share of the next largest competitor. In addition, according to Robert A. Stanger & Co, Realty Capital Securities is the managing broker-dealer of four of the top-selling six real estate direct investment programs for the month of May, serving as dealer manager with respect to equity capital raised of $664M.