ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, has announced that all of the company’s offerings continued to meet or exceed projections through December 31, 2025, maintaining a track record of consistent distributions in line or ahead of projections for every offering since the company’s inception in 2012. Past performance does not guarantee future results.
2025 Performance Highlights
- Consistent, Sustained Performance: As of December 31, 2025, ExchangeRight has returned over $4 billion of income, returns of capital, and capital gains to investors since its inception, with average annual returns of 8.60% on ExchangeRight’s 34 full-cycle offerings. All of the company’s offerings have met or exceeded distribution projections, with no loss of capital or disruptions to monthly distributions across all 126 offerings that ExchangeRight has provided.
- Milestone Growth: ExchangeRight surpassed $7 billion in assets under management in 2025, which is stewarded across more than 9,000 investments. In 2025, the company raised more than $620 million in equity for its net-leased DST offerings, ending the year as the fifth largest sponsor in the 1031 DST market and gaining market share. This milestone is a testament to the trust that has been placed in ExchangeRight by investors, registered investment advisors, broker-dealers, and registered securities representatives.
- Top Performing REIT: The Essential Income REIT had $44.8 million in Adjusted Funds From Operations (“AFFO”) for the year ending December 31, 2025, representing a 6.24% increase from the prior year. The REIT continued to fully cover its distribution from operations with a 103.51% AFFO-to-Distribution Coverage Ratio inception-to-date through December 31, 2025, and is the only growth or stabilizing equity non-traded REIT to fully cover its distributions from operations since inception, according to Blue Vault’s Non-Traded REIT Industry Reviews.
- Launch of REIT Fast-Track DST Series: ExchangeRight successfully launched its REIT Fast-Track DST series in 2025, a new program designed to provide 1031 exchange investors with accelerated access to the Essential Income REIT through a tax-deferred 721 exchange after a targeted two-year hold. This series was met with significant demand, with five Fast-Track DST offerings reaching full subscription shortly after launch in 2025.
- Rigorously Vetted Acquisitions: In 2025, ExchangeRight’s acquisitions team performed thorough analysis for more than 8,000 properties, approving fewer than the top 2% of properties identified for acquisition and inclusion in the company’s assets under management. These rigorously vetted assets represent more than $720 million in closed acquisitions in 2025, which helped to launch 18 new DST offerings for ExchangeRight’s net lease platform.
Past Performance does not guarantee future results.
About ExchangeRight
ExchangeRight and its affiliates’ vertically integrated platform features more than $7.1 billion in assets under management that are diversified across over 1,400 properties, and 27 million square feet throughout 47 states, as of January 31, 2026. ExchangeRight pursues its passion to empower people to be secure, free, and generous through its Essential Income REIT and 1031 DST portfolios that target secure capital, stable income, and strategic exits, all of which have historically met or exceeded investor projections since ExchangeRight’s inception. On behalf of investors nationwide, the company structures and manages net-leased portfolios of assets backed primarily by investment-grade corporations that have successfully operated in the necessity-based retail and healthcare industries. Past performance does not guarantee future results.
Media Contact
press@exchangeright.com
