Pasadena-based ExchangeRight, a provider of diversified real estate DST and REIT investments, has fully subscribed Net-Leased Portfolio 63 DST, a $125,802,000 offering featuring 510,625 square feet of grocery, healthcare, and necessity-based retail tenants. The portfolio is structured to provide monthly distributions with a current annualized rate of 5.00%.
The DST was launched with 40.29% loan-to-value and non-recourse interest-only financing at a fixed rate of 5.672% over a 5-year term. The offering contains 15 properties in 15 markets diversified across 13 states and nine historically recession-resilient tenants, including FedEx, Tops Friendly Markets, Dollar General, Tractor Supply and BioLife.
“We’re proud to offer investors another portfolio designed to provide consistent income and strategic exit options, even through economic volatility,” said Warren Thomas, a managing partner at ExchangeRight. “We are honored to have the opportunity to serve the investors who entrust us with their wealth as well as the representatives and advisors who have partnered with us to deliver capital preservation, stable returns, and strategic exits for their clients.”
