June 16, 2021
ExchangeRight Subscribes $68.15 Million DST Invested in 17 Properties Net-Leased to Essential Businesses

ExchangeRight, a vertically integrated real estate company that has met or exceeded investor cash flow targets on all of its offerings since inception,

ExchangeRight Subscribes $68.15 Million DST Invested in 17 Properties Net-Leased to Essential Businesses

June 15, 2021

PASADENA, Calif. – ExchangeRight, a vertically integrated real estate company that has met or exceeded investor cash flow targets on all of its offerings since inception, has fully subscribed its $68.15 million Net-Leased Portfolio 45 DST offering. The tenants selected for the offering meet ExchangeRight’s strict acquisition criteria focused on national companies with strong balance sheets that provide necessity-based goods and services.

The portfolio’s 17 single-tenant net-leased properties are fully occupied by essential businesses, including BioLife, Fresenius Medical Care, Walgreens, and Tractor Supply. The properties are diversified over 16 markets across 10 states, including Alabama, Michigan, Ohio, and Wisconsin.

Net-Leased Portfolio 45 DST is structured to generate stable monthly cash flow to investors starting at 6.15% annualized. The offering launched on March 23 with 10-year interest-only financing with a 3.38% interest rate. The equity raise was completed on May 7.

“We are pleased to provide the market with another portfolio focused on essential businesses that is designed to protect investor capital and generate stable income, even through market volatility and economic cycles,” said Joshua Ungerecht, a managing partner of ExchangeRight. “Like all of our net lease offerings, Net-Leased Portfolio 45 DST features a strategically diversified portfolio of assets backed by national tenants with strong financials and operations.”

ExchangeRight and its affiliates’ vertically integrated platform features over $3.6 billion in assets under management, diversified across more than 825 properties, over 14 million square feet, and throughout 40 states. More than 5,200 investors have trusted ExchangeRight to manage their capital. All of the company’s current and past offerings have met or exceeded targeted cash flow distributions to investors since the company’s founding.

About ExchangeRight

ExchangeRight pursues its passion to empower people to be secure, free, and generous by providing REIT, fund, and 1031 DST portfolios that target secure capital, stable income, and strategic exits. The company strategically acquires and manages long-term, net-leased assets backed primarily by investment-grade corporations that successfully operate essential businesses in the necessity-based retail and healthcare industries. Please visit www.exchangeright.com for more information.

Media Contact
Lindsey Thompson
lthompson@exchangeright.com
(855) 317-4448

Recent

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now