ty ▁Capital ▁Sec ur ities ▁In ▁ 2 0 0 8 , ▁the ▁five ▁partners ▁of ▁AR ▁Capital ▁used ▁their ▁own ▁funds ▁to ▁create ▁Real ty ▁Capital ▁Sec ur ities , ▁L LC , ▁or ▁R CS , ▁a ▁bro ker ▁deal er ▁seven ▁times ▁larger ▁than ▁any ▁other ▁bro ker - de aler ▁operating ▁in ▁the ▁industry ▁at ▁the ▁time . ▁ ▁Furthermore , ▁they ▁launched ▁not ▁one , ▁but ▁a ▁series ▁of ▁invest ment ▁programs ▁simultaneously , ▁using ▁the ▁bro ker - de aler ▁platform ▁to ▁raise ▁capital ▁for ▁other ▁spons or ▁companies ▁in ▁the ▁industry . ▁This ▁would ▁save ▁spons ors ▁the ▁time , ▁cost ▁and ▁risk ▁of ▁building ▁their ▁own ▁bro ker - de aler , ▁as ▁well ▁as ▁generate ▁substantial ▁profit ▁for ▁R CS . ▁ ▁In ▁June ▁ 2 0 1 3 ▁Real ty ▁Capital ▁Sec ur ities ▁announced ▁that ▁it ▁had ▁reached ▁another ▁mil estone , ▁$ 1 0 ▁billion ▁of ▁raised ▁equ ity ▁since ▁in ception . ▁This ▁coinc ided ▁with ▁Real ty ▁Capital ▁Sec ur ities ▁gar ner ing ▁a ▁ 5 3 % ▁market ▁share ▁in ▁the ▁real ▁estate ▁man aging ▁bro ker - de aler ▁sales , ▁more ▁than ▁five ▁times ▁that ▁of ▁the ▁next ▁compet itor . ▁ ▁New ▁York ▁RE IT ▁On ▁April ▁ 1 5 , ▁ 2 0 1 4 ▁New ▁York ▁Rec overy ▁RE IT , ▁Inc ., ▁one ▁of ▁Sch or sch ' s ▁non - tr aded ▁RE IT ▁programs , ▁became ▁New ▁York ▁RE