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ExchangeRight subscribes $68m DST invested in 17 properties
Real Estate - JUNE 15, 2021

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ExchangeRight subscribes $68m DST invested in 17 properties

by Released

ExchangeRight has met or exceeded investor cash flow targets on all of its offerings since inception and 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 percent annualized. The offering launched on March 23 with 10-year interest-only financing with a 3.38 percent interest rate. The equity raise was completed on May 7.

“We are pleased to provide the m

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