ExchangeRight, one of the nation’s leading providers of diversified real estate Delaware statutory trust investments and real estate investment trusts, has announced that ExchangeRight and its affiliates have recently surpassed 100 offerings.
Designed to protect capital, produce stable income, and provide strategic exits, ExchangeRight offerings collectively represent over $6.2 billion of capital stewarded on behalf of more than 8,600 investors nationwide. Best known for its reliable and recession-resilient net lease REITs and 1031 DSTs, all of ExchangeRight’s 100-plus offerings have met or exceeded distribution targets since the company’s inception.
Past performance does not guarantee future results.
100+ OFFERINGS – IN FOCUS
- Focused and Successful: ExchangeRight is currently managing more than 1,280 primarily net-leased properties focused on the necessity retail, medical, and logistics asset classes. Three-hundred fifty-three of the properties comprise ExchangeRight’s Essential Income REIT’s acquired portfolio as of Sept. 30, 2024. The company also currently manages 25 shopping center properties as a part of its value-add portfolio platform, and it strategically acquired and successfully exited nine apartment properties structured as DSTs on behalf of 1031 investors. As a result of ExchangeRight’s careful asset selection, proactive asset management and preparation for macroeconomic cycles, all of the company’s past and current programs have met or exceeded projections across all its platforms.
- Successfully Maintaining 100% Rent Collection for 147 Consecutive Months: ExchangeRight has never missed or reduced distributions to investors across any of its offerings since its inception. Since ExchangeRight’s founding in 2012, the company’s proactive asset management team has collected 100% of rents month after month from all properties across its entire net lease platform.
- Investor-Centric REIT Shines in the Market: Launched in 2019, ExchangeRight’s Essential Income REIT became a publicly reporting company in the third quarter of 2023. The REIT has been designed to benefit its investors with tax-advantaged distributions that are fully covered by adjusted funds from operations, with quarterly liquidity and the stability of its historically recession-resilient tenants. The REIT’s Class I shares have achieved an 8.76% annualized return on purchase price inception-to-date through June 30, 2024.
- Proven Track Record of 33 Full-Cycle Offerings: ExchangeRight has provided strategic exits to investors through 33 successful full-cycle events – achieving 100% of investor distributions meeting or exceeding expectations and never losing investor capital – with 7.42% to 10.01% total average return across its 21 full-cycle net lease offerings, and 9.17% average annual returns across all of its full-cycle multifamily offerings.
“This is a proud moment for our team. When we launched ExchangeRight, we set out to faithfully serve investors’ needs for secure capital, stable income, and strategic exits, and our offerings have achieved just that,” said Warren Thomas, a managing partner at ExchangeRight. “We are grateful to the representatives, advisers, and investors who have trusted us to steward their hard-earned wealth, as well as to our devoted team – all of whom have made this achievement possible.”
ExchangeRight reports that the company and its affiliates’ platform has more than $6.1 billion in assets under management that are diversified across more than 1,200 properties and over 25 million square feet across 47 states, as of Aug. 31, 2024. The company invests in net-leased properties in the “necessity-based” retail and healthcare industries, as well as value-add inline and outparcel retail spaces shadow-anchored by grocery tenants.
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