ExchangeRight has announced that the Net Asset Value (“NAV”) per share of the Essential Income REIT has increased to $27.46 per share based in part on an independent real estate valuation of the REIT’s real estate by KPMG combined with its other assets and liabilities as of December 31, 2025.
As of December 31, 2025, the Essential Income REIT’s portfolio includes 357 properties net-leased to 40 primarily investment-grade tenants successfully operating in the necessity-based retail and healthcare industries and diversified across 35 states, providing added value for investors through ExchangeRight’s aggregation strategy.
The Essential Income REIT’s monthly distribution rate to investors has remained stable and has grown five times since its 2019 launch and throughout multiple periods of economic volatility. The REIT’s Adjusted Funds From Operations (“AFFO”) continue to fully cover its current annualized distributions for all of its shares, as has been the case since its inception. Current net distribution rates are 6.33% for Class I shares, 6.08% for Class D shares, 5.26% for Class S shares, and 5.95% for Class A shares. The past performance of the REIT does not guarantee future results.
“Investment-grade” refers to tenants whose long-term corporate debt rating is considered investment grade by Standard & Poor’s, Moody’s, and/or Fitch.
About ExchangeRight’s Essential Income REIT
The Essential Income REIT, a Maryland statutory trust, is a self-administered real estate company, formed on January 11, 2019. The REIT is available to accredited investors only and focuses on investing in single-tenant, primarily investment-grade net-leased real estate. The REIT has fully covered its dividend with Adjusted Funds From Operations since its inception and through its most recently reported period. The past performance of the REIT is no guarantee of future results. The Company, through its operating partnership, owns 357 properties in 35 states as of December 31, 2025. The properties are occupied by 40 different primarily national investment-grade necessity-based retail and healthcare tenants and are additionally diversified by industry, geographic region, and lease term. The Company has elected and is qualified to be taxed as a real estate investment trust (“REIT”) for U.S. federal income tax purposes. Please visit the REIT’s webpage to learn more. The past performance of the REIT and ExchangeRight does not guarantee future results.
