ExchangeRight has brought its Net-Leased Portfolio 13 DST portfolio full cycle, generating total returns of more than 130 percent including return of capital for investors who chose to cash out or complete a 1031 exchange. Total returns were equivalent to more than 141 percent including return of capital for investors who chose to complete a tax-deferred 721 exchange into the acquiring REIT, based on an independent valuation performed by KPMG of the acquiring REIT portfolio.
ExchangeRight provided each Net-Leased Portfolio 13 DST investor with the option to perform another 1031 exchange, receive cash, complete a tax-deferred 721 exchange, or any combination of these options.
Prior to this profitable sale, Net-Leased Portfolio 13 DST provided investors with stable income generated by long-term net-leased properties backed primarily by investment-grade tenants operating essential businesses diversified across 20 properties and eight states. Due to the financial strength