ExchangeRight Recruits Senior Vice President to Serve Great Plains Region
Bill Auble
ExchangeRight, a sponsor of Delaware statutory trust and non-traded real estate investment trust investment offerings, announced that Bill Auble has joined its growing strategic relations team as senior vice president of the Great Plains region.
In his role, Auble will serve representatives, advisers, and their clients in Arkansas, Iowa, Kansas, Louisiana, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma, South Dakota, and Wisconsin.
“Bill comes to us with over 30 years of experience in meeting the wealth management needs of representatives, advisers, and their clients, more than a decade of which has been focused on the distribution of non-traded REITs and other real estate investments across much of the Great Plains region,” said Joshua Ungerecht, a managing partner at ExchangeRight. “His impressive track record in the financial services industry, expertise in alternative investments, and strong relationships in the territory will greatly help ExchangeRight maintain its reputation for its attentive service and investor-first approach.”
Prior to ExchangeRight, Auble was a regional vice president at PREP Property Group from 2021 to 2024. There, he wholesaled a private placement Reg D REIT offering to independent advisers and RIAs in the Midwest. Before PREP, he was briefly a senior vice president at Four Springs Capital Markets.
Auble holds FINRA Series 7, 63, and 65 licenses. He earned a degree in business management from North Central College.
“ExchangeRight’s perfect track record of protecting investor capital and providing secure and stable income even during economic volatility is highly valuable to investors throughout the Midwest and across the country,” said Auble. “I look forward to providing both new and existing broker-dealer/registered investment adviser relationships in the Great Plains region with access to ExchangeRight’s Essential Income REIT and its other historically recession-resilient net lease offerings.”
Last month, ExchangeRight made its first bonus distribution to investors in the Essential Income REIT’s Class ER shares as a result of their participation in ExchangeRight’s DST fees. This represented a distribution of 3.58% on invested capital.
The company, which has more than 8,900 investors nationwide, said the bonus distribution is in line with ExchangeRight’s underwriting targets and comes ahead of schedule, generated by sponsor DST fees earned in connection with the REIT’s successful acquisition of ExchangeRight’s Net-Leased Portfolio 28 DST’s 23-property portfolio.
ExchangeRight and its affiliates’ vertically integrated platform features more than $6.3 billion in assets under management that are diversified across over 1,300 properties, and 25 million square feet throughout 47 states, as of Dec. 31, 2024.
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