11-property net-leased portfolio

Fully subscribedNet lease
Talk to a 1031 specialistData updated Nov 20, 2025
Offering size$50.9M
Asset typeNet Lease
LocationCO
FinancingLeveraged
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitYes
First filedNov 20, 2025
Last filedNov 20, 2025
Minimum$100k

DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.

The 11-property net-leased portfolio is the trade name for ExchangeRight Net-Leased Portfolio 73 DST, a Delaware statutory trust sponsored by ExchangeRight. On November 20, 2025, the issuer filed a Form D notice reporting a total offering amount of $50,925,000. The filing disclosed three executive officers—Joshua Ungerecht, David Fisher, and Warren Thomas—with Warren Thomas signing as Manager of the issuer on that date. Detailed property, tenant, lease, occupancy, and capitalization specifics are not established in the eligible record.

11-property net-leased portfolio property

$90.7M total/$50.9M equity; LTV 43.84%; min $100k; WALT 13.77y; 10-yr IO 6.02%; 4 tenants, 100% leased

11 properties / 243k SF
Form D raise progress

About Form D raise progress

Top1031 compares the amount reported sold with the stated offering amount in issuer-filed Form D notices through Nov 20, 2025.

  • Amounts are self-reported by the issuer and may be amended.
  • Filings can lag current subscriptions and do not confirm that interests remain available.
  • A Form D notice does not mean the SEC approved, endorsed, or verified the offering.
Latest Form D filed Nov 20, 2025

Based on issuer-filed Form D notices through Nov 20, 2025. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

Reported sold as a percentage of stated offering amount0.0%Current Form D data does not support a reliable raise-progress estimate.
Not enough filing history for a trend line.
Capital sold, per latest Form D
Remaining amount reported in latest Form D$50,925,000
Investor count reported in latest Form DNot disclosed
Stated minimum investment$100,000
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SEC filing recordMatched to public SEC filings
First filedNov 20, 2025
Latest filingNov 20, 2025
Filings tracked1
View filing on SEC EDGAR

Form D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.

Offering profile

SEC filings + cited sources

Identity

The "11-property net-leased portfolio" is the display name for ExchangeRight Net-Leased Portfolio 73 DST, a Delaware statutory trust sponsored by ExchangeRight 1.

Issuer-filed offering figures

On November 20, 2025, the issuer filed a Form D notice reporting a total offering amount of $50,925,000 2.

Governance

The filing disclosed three executive officers—Joshua Ungerecht, David Fisher, and Warren Thomas—with Warren Thomas signing as Manager of the issuer on November 20, 2025 3.

Sources (3)

In the news

ExchangeRight Fully Subscribes $90.67 Million Net-Leased Portfolio 73 DSTSponsor announcement that Portfolio 73 DST, an $90.67M offering of 11 long-term net-leased properties, has been fully subscribed; tenants include Tractor Supply Company, Hobby Lobby, Dollar General Market, BioLife Plasma Services and Dollar General.

Frequently asked questions

Is 11-property net-leased portfolio currently active?

11-property net-leased portfolio is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.

Where does Top1031 get the data for 11-property net-leased portfolio?

Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.