ExchangeRight managing partners Joshua Ungerecht and David Fisher joined host Sean Hostert on the Net Lease Observer podcast to discuss the firm's founding story and growth into one of the 1031 DST industry's most active sponsors.
The episode covers the philosophy that has anchored the firm since its inception, including its disciplined focus on net-leased properties backed by primarily investment-grade and necessity-based tenants.
The discussion also goes into ExchangeRight's rigorous due diligence process and the practical realities of financing deals in the platform's early years. Ungerecht and Fisher widen the lens to the DST industry as a whole, tracing how it has evolved and where ExchangeRight fits within it, before closing with reflections on what it has taken to grow the platform, brick by brick, to its current scale.
The episode is currently available for streaming on Apple Podcasts, Spotify, and on the Net Lease Observer website.
About ExchangeRight
ExchangeRight and its affiliates' vertically integrated platform features more than $7.8 billion in assets under management that are diversified across over 1,400 properties and 31 million square feet throughout 47 states, as of August 31, 2026. ExchangeRight pursues its passion to empower people to be secure, free, and generous through 1031 DST portfolios, Essential Income REIT, and cash management funds, all of which have historically met or exceeded investor projections since ExchangeRight's inception. On behalf of investors nationwide, the company structures and manages net-leased portfolios of assets backed primarily by investment-grade corporations that have successfully operated in the industrial, necessity retail, and healthcare industries. Past performance does not guarantee future results. Please visit www.exchangeright.com for more information.
About Net Lease Observer
Hosted by Sean Hostert, the Net Lease Observer Podcast delivers timely discussions, expert analyses, and in-depth interviews with top leaders in the commercial real estate and net-lease investment community.
Media Contact
press@exchangeright.com