ExchangeRight Fully Subscribes 26-Property, $134 Million Net-Leased Portfolio

We are honored by the belief that traders and their representatives and advisors proceed to position in us.

Tweet this

Net-Leased Portfolio 52 launched with 10-year, fixed-rate interest-only financing at 3.465 %. The $134,280,000 providing comprises 26 single-tenant properties over 15 states starting from the southwest to the northeast United States. CVS Pharmacy, Dollar General, Walgreens, Tractor Supply Company and Family Dollar shops in addition to First Midwest Bank have a number of areas within the portfolio. Dollar Tree, Fresenius Medical Care, Hobby Lobby, Natural Grocers, Octapharma and Sam’s Club even have areas within the 100-percent-occupied portfolio.

“We are happy that the variety and dimension of our latest DST permits us to accommodate the wealth administration wants of traders searching for resilient passive earnings,” mentioned Warren Thomas, a managing associate at ExchangeRight. “We are honored by the belief that traders and their representatives and advisors proceed to position in us for his or her wealth administration and retirement wants with every providing we absolutely subscribe. We are proud to offer one other ExchangeRight providing supposed to supply secure earnings by way of financial cycles, defer taxes, protect wealth and supply a strategic exit for our traders.”
ExchangeRight and its associates’ vertically built-in platform options greater than $4.9 billion in property underneath administration, diversified throughout greater than 1,100 properties, greater than 20 million sq. toes and all through 46 states. More than 6,800 traders have trusted ExchangeRight to handle their capital. All of the corporate’s present and previous choices have met or exceeded focused money circulate distributions to traders because the firm’s founding. The previous efficiency of ExchangeRight and its earlier choices doesn’t assure future outcomes.About ExchangeRightExchangeRight pursues its ardour to empower folks to be safe, free and beneficiant by offering REIT, fund and 1031 DST portfolios that focus on safe capital, secure earnings and strategic exits. The firm strategically syndicates net-leased portfolios of property backed primarily by investment-grade companies that efficiently function within the necessity-based retail and healthcare industries, in addition to diversified value-add portfolios of inline and outparcel retail areas shadow-anchored by strong-performing grocery tenants. Please go to www.exchangeright.com for extra info.Media contact:Lindsey ThompsonSenior Media Relations Officer[email protected](626) 773-3448SOURCE ExchangeRight

https://www.prnewswire.com/news-releases/exchangeright-fully-subscribes-26-property-134-million-net-leased-portfolio-301546588.html

Recommended For You