About Modiv
Modiv is a company based in Newport Beach (United States) founded in 2003 by Harold Hofer was acquired by Global Net Lease in May 2026. Modiv has raised $4 million across 2 funding rounds from investors including Global Net Lease and Pacific Mercantile Bank. The company has 12 employees as of December 31, 2024. Modiv has completed 2 acquisitions, including BuildingBits and REITless. Modiv offers products and services including Net Lease Investments and Property Management. Modiv operates in a competitive market with competitors including Vornado, Griffin Capital Company, Arbor Realty Trust, Americold and CoreCivic, among others.
- Headquarter Newport Beach, United States
- Employees 12 as on 31 Dec, 2024
- Founders Harold Hofer
- Stage Public
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Modiv Industrial Inc. Class C
-
Annual Revenue
$46.76 M (USD)-1as on Dec 31, 2024
-
Net Profit
$6.02 M (USD)0as on Dec 31, 2024
-
EBITDA
$33.74 M (USD)34.65as on Dec 31, 2024
-
Total Equity Funding
$4 M (USD)
in 2 rounds
-
Latest Funding Round
$4 M (USD), Series A
Apr 27, 2017
-
Investors
Global Net Lease
& 1 more
-
Employee Count
12
as on Dec 31, 2024
-
Investments & Acquisitions
BuildingBits
& 1 more
-
Acquired by
Global Net Lease
(May 04, 2026)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Modiv
Modiv is a publicly listed company on the NYSE with ticker symbol MDV in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Modiv
Modiv offers a comprehensive portfolio of products and services, including Net Lease Investments and Property Management.
Offers long-term leases for industrial manufacturing facilities
Manages industrial assets for investor income generation
People of Modiv
Unlock access to complete
Funding Insights of Modiv
Modiv has successfully raised a total of $4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in April 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Modiv
Modiv has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Global Net Lease and Pacific Mercantile Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Commercial banking services are provided in the United States.
|
Locked | Locked | Locked | |
|
REIT that invests in commercial properties in geographies
|
Locked | Locked | Locked |
Investor details for Modiv
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Modiv
Modiv has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BuildingBits and REITless.
Investment portfolio details for Modiv
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Real estate equity is crowdfunded for investors via platform.
|
Locked | Locked | 2016 | Locked | |
|
Investment platform focused on real estate projects
|
Locked | Locked | 2013 | Locked |
Complete acquisition details for Modiv
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Modiv
Detailed financials for Modiv
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Modiv Comparisons
Peer comparison for Modiv
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Modiv
Modiv operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vornado, Griffin Capital Company, Arbor Realty Trust, Americold and CoreCivic, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Diversified equity REIT that invests in office, industrial, and commercial real estate properties
|
|
| Locked | Locked | Locked |
Wealth management firm & equity REIT investing in healthcare, office, industrial & retail properties
|
|
| Locked | Locked | Locked |
REIT that invests in multifamily and commercial real estate industries
|
|
| Locked | Locked | Locked |
Temperature-controlled warehousing and logistics services are provided globally.
|
|
| Locked | Locked | Locked |
REIT that invests in commercial properties like correctional, detention and residential re-entry facilities
|
|
| Locked | Locked | Locked |
REIT focused on acquisition underwriting and cash flow management
|
Detailed competitors of Modiv
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Modiv
Complete news archive for Modiv
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Modiv
Modiv was founded in 2003 and raised its 1st funding round 12 years after it was founded.
Modiv is headquartered in Newport Beach, United States. It is registered at Newport Beach, California, United States.
Aaron Halfacre is the current CEO of Modiv.
Modiv is a funded company, having raised a total of $4M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Modiv is 12.
Annual revenue of Modiv is $46.76M as on Dec 31, 2024.
Modiv was founded in 2003 and is headquartered in Newport Beach, United States. Operations focus on real estate investment and leasing management within the commercial property sector. Services include acquisition, financing, and oversight of income-generating assets. Leadership is provided by co-founder Harold Hofer and CEO Aaron Halfacre, with activities centered on U.S.-based properties to support investor portfolios.
Modiv's top competitors include Americold, Griffin Capital Company and Arbor Realty Trust.
Modiv offers Net Lease Investments and Property Management.
Yes, Modiv is publicly traded on NYSE under the ticker symbol MDV.
Modiv has made 2 acquisitions, including BuildingBits, and REITless.
Modiv has 2 investors. Key investors include Global Net Lease, and Pacific Mercantile Bank.
The ticker symbol of Modiv is MDV on NYSE.