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Subscribe to ExchangeRight DST Offering in 11 States

Subscribe to ExchangeRight DST Offering in 11 States

ExchangeRight, a leading provider of diversified real estate DST and REIT investments in the US, has successfully subscribed its Net-Leased Portfolio 61 DST. This $109.37 million offering encompasses 377,666 square feet net-leased to grocery stores, pharmacies, medical centers and other necessity-based national tenants operating essential businesses. The portfolio is structured to provide investors with monthly distributions starting at an annualized rate of 5%.

The 16 properties are located across 11 states and leased out to 12 historically recession-resilient tenants such as CVS Pharmacy, Dollar General Market Giant Eagle etc., with a weighted average lease term of 8.6 years and 42.86% loan-to value utilizing five year non recourse interest only financing .  Joshua Ungerecht , managing partner at ExchangeRight said “Our investment strategy focuses on protecting investor wealth & income even in the current macroeconomic cycle” .

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