Since it is security token it looks like different laws from different countries will not be obstacle to perform transactions. They chose wise way by going after security token because trend in turning to this model of tokenization. It seems difficult when we look at things based on available information and token model but registered security tokens will perform more better and is future of economy.
Yes, according to their whitepaper, all the real estate properties are going to be in the United States, so the securities laws in other countries should not be affected by this model.
Plus, with the massive rise of security tokens, RealtyReturns seems to be hitting the timing at the perfect time. That Aspen Coin deal just closed in the United States for $19 million and they were registered and approved by the SEC. Another deal just got closed either yesterday or today for $30 million although I cannot remember the name.
Security Tokens and real estate are the future. I'm definitely picking up a chuck of their utility tokens when their ICO launches. I like how they are focused on a specific country and market. Propy and Alt.estate dont seem to have a specific agenda and plan for their investments, which scares me.