ExchangeRight Surpasses $6 Billion in Assets Under Management

ExchangeRight, a sponsor of diversified real estate Delaware statutory trusts and real estate investment trusts, announced that it has surpassed $6 billion in assets under management on behalf of 8,300 investors as of June 30, 2024.

ExchangeRight reported that it has preserved their clients’ capital and has consistently provided monthly distributions that met or exceeded initial targets since its founding more than a decade ago.

Recent news included fully subscribing its $18.7 million Value-Add Portfolio 3 DST – the third offering launched from its value-add platform – last month and fully subscribing its Net-Leased Portfolio 64 DST, an $89.2 million private placement offering launched in August 2023.

Warren Thomas, managing partner at ExchangeRight, explained that he and his partners created ExchangeRight to serve investors seeking investments that are structured to provide stable cash flow and preservation of capital, even during times of economic and market volatility.

“This milestone isn’t just about reaching $6 billion in assets under management, it’s about safeguarding investor wealth through the careful selection and proactive management of these high-quality, dependable assets,” Thomas said. “Our team is passionate about our strict acquisition criteria and conservative portfolio construction. We focus on building broadly diversified long-term net lease portfolios backed by national tenants operating essential businesses in historically recession-resilient industries.”

Additionally, the company says that all 33 full-cycle ExchangeRight offerings have preserved 100% of investor capital, achieving an average annual total return of 8.65%.

“We are proud of the hard work and diligence of our entire team that made this milestone possible. The team is responsible for our perfect track record and for protecting the capital and income of the investors we serve, along with the business and reputation of the advisers and representatives with whom we partner,” said Joshua Ungerecht, managing partner at ExchangeRight.

ExchangeRight invests in net-leased properties in the necessity-based retail and healthcare industries, as well as value-add inline and outparcel retail spaces shadow-anchored by grocery tenants.

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