PASADENA, Calif. - Investors entrusted over $673 million into ExchangeRight's net-leased and value-add DST, preferred equity, and REIT offerings in 2021, representing over 27% growth from 2020, the company’s best year on record. Over the past 5-year period, ExchangeRight’s net-leased DST offerings have produced average annual investor distributions of 6.70%, exceeding projections during that time frame.
Throughout 2021, ExchangeRight maintained its impeccable track record of providing uninterrupted monthly distributions that have met or outperformed original projections for all 72 of the company’s current and past offerings. ExchangeRight collected 100% of scheduled rent across over 1,000 properties, supporting stable monthly income for ExchangeRight’s investors.
ExchangeRight completed 6 full-cycle events in 2021, each of which outperformed original projections, with average annualized returns of 8.69%. Investors fully subscribed 9 DST offerings throughout the year, with portfolios ranging from $23 million to over $126 million in size.
“We are immensely proud of what we accomplished last year and that our investment strategy successfully protected investor capital and provided stable and secure cash flow,” said Warren Thomas, a managing partner of ExchangeRight. “Investors have found our model to be very attractive, and we are grateful to be their first choice for secure capital, stable income, and strategic exit options to meet their wealth preservation needs. We are happy to be a leading wealth and tax-deferral solution sponsor in the market, currently stewarding the wealth of over 6,300 investors.”
ExchangeRight innovated its vertically integrated platform to meet investor needs throughout 2021 and expanded its team across multiple departments to enhance the services it provides. In 2021, ExchangeRight acquired 244 properties and developed its acquisition targets to incorporate diversified retail spaces shadow-anchored by strong-performing net-leased tenants. This allowed ExchangeRight to launch its value-add platform, with a focus on creating value for investors through leasing initiatives and active property management.
ExchangeRight’s tenants again performed well in 2021, delivering strong financial results while providing essential services. Dollar Tree, Tractor Supply, and Genuine Parts Company each were assigned new or increased credit ratings from Standard & Poor’s, reflecting the stability that was already identified by ExchangeRight’s financial analysis in approving these tenants for inclusion in the company’s net-leased offerings.
ExchangeRight and its affiliates’ vertically integrated platform features over $4.6 billion in assets under management, diversified across over 1,000 properties, over 18 million square feet, and throughout 44 states. More than 6,300 investors have trusted ExchangeRight to manage their capital. All of the company’s current and past offerings have met or exceeded targeted cash flow distributions to investors since the company’s founding. The past performance of ExchangeRight and its previous offerings does not guarantee future results.
ExchangeRight pursues its passion to empower people to be secure, free, and generous by providing REIT, fund, and 1031 DST portfolios that target secure capital, stable income, and strategic exits. The company strategically syndicates net-leased portfolios of assets backed primarily by investment-grade corporations that successfully operate in the necessity-based retail and healthcare industries, as well as diversified value-add portfolios of inline and outparcel retail spaces shadow-anchored by strong-performing grocery tenants. Please visit www.exchangeright.com for more information.