25.01.2023 21:30:00
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ExchangeRight Completes 10 Full-Cycle Events in 2022 with Returns Ranging from 6.67% to 11.25%
PASADENA, Calif., Jan. 25, 2023 /PRNewswire/ -- ExchangeRight, one of the nation's leading providers of diversified real estate DST and REIT investments, announced it successfully met or exceeded investor cash flow targets across all offerings in 2022 while completing 10 successful full-cycle events that provided more than 700 investors with profitable, strategic exits. Despite an economy that included high inflation, significant interest rate increases, and a period of recession, each full-cycle offering outperformed projections, generating average annualized returns ranging from 6.67% to 11.25%.
ExchangeRight Completes 10 Full-Cycle Events in 2022 with Returns Ranging from 6.67% to 11.25%ExchangeRight's 31 full-cycle offerings have produced an 8.74% average annual return inception to date, with full-cycle events from its net lease platform achieving average total investor returns ranging from 143.73% to 156.98% and average annual ROI exceeding projections ranging from 6.18% to 44.50%.
ExchangeRight produced 11 new DST portfolios designed for recession resilience in 2022 and acquired 164 net-leased properties, bringing its assets under management to $5.3 billion, representing an 18% increase of year-over-year growth. Throughout last year's economic volatility, the company maintained 100% rent collection and provided stable income to investors, paying more than 7,300 investors at an annualized pace of over $140 million in total distributions. All 84 of its current and past offerings have served investors with uninterrupted cash flows that have met or exceeded distribution projections every month.
"We are proud to have preserved capital and executed a record number of successful exits, even through last year's economic headwinds," said Warren Thomas, a managing partner at ExchangeRight. "By staying true to the same conservative strategy that we started with, focused on net-leased assets backed primarily by investment-grade tenants operating in necessity-based industries, we protected investors' wealth and ensured their passive income was consistent."
About ExchangeRight
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 properties shadow-anchored by strong-performing grocery tenants. Please visit www.exchangeright.com for more information.
Media Contact
Lindsey Thompson
Senior Media Relations Officer
lthompson@exchangeright.com
(626) 773-3448
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SOURCE ExchangeRight
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