ExchangeRight Net-Leased Portfolio 46 DST
sponsored by ExchangeRight
ExchangeRight Net-Leased Portfolio 46 DST, sponsored by ExchangeRight, filed its first Form D with the SEC on Apr 30, 2021 for a $38.6 million offering. Its last Form D, filed Jan 12, 2023, reports the offering fully sold.
How it ended
The last Form D, filed Jan 12, 2023, reports the offering fully sold.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $38,650,000Equity offered, per the Form D
- Sold
- 100%Form D, Jan 12, 2023; the % is our arithmetic
- Investors reported
- Form D, Jan 12, 202377
- Selling commissions
- Form D Item 15; the % is our arithmetic$2,512,250 · 6.5% of offering
- Financing
- Leveraged. This offering reports mortgage debt on the property.How it is financed ↓
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →
Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.
Ask a 1031 specialist about this recordFree. About: ExchangeRight Net-Leased Portfolio 46 DST. Top1031 is not a broker-dealer.How was it financed, and what did it cost to sell?
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Costs and terms from the Form D
- Selling commissions
- $2,512,250 · 6.5% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $0 · 0.0% of offeringForm D Item 16
- Broker-dealers named in the Form D
- 14 named in the Form D
Show the firms
- Cape Securities Inc. · CRD 7072
- Concorde Investment Services, LLC · CRD 151604
- Dempsey Lord Smith, LLC · CRD 141238
- Emerson Equity LLC · CRD 130032
- Great Point Capital LLC · CRD 114203
- Investment Security Corporation · CRD 47536
- Kalos Capital, Inc. · CRD 44337
- Kingswood Capital Partners, LLC · CRD 288898
- Lighthouse Capital Group, LLC · CRD 169135
- Lightpath Capital, Inc. · CRD 34617
- McDermott Investment Services, LLC · CRD 154926
- Realized Financial, Inc. · CRD 22333
- SCF Securities, Inc. · CRD 47275
- Wealthforge Securities, LLC · CRD 152550
Individual representatives named in Item 12 are not listed.
- Date of first sale
- May 4, 2021
- Minimum investment
- $100,000
Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together.
Who's behind the Trust?
- Sponsor
- Offerings on record
What does the SEC record show?
- Legal Trust name
- ExchangeRight Net-Leased Portfolio 46 DST
- SEC CIK
- 1854159
- First Form D
- Apr 30, 2021
- Latest Form D
- Jan 12, 2023
- Filings on record
- 2
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $38,650,000 | $38,650,000+$38,650,000 | 77 | EDGAR | |
| Form D | $38,650,000 | $0 | EDGAR |
Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Common questions
- What happened to ExchangeRight Net-Leased Portfolio 46 DST?
- ExchangeRight Net-Leased Portfolio 46 DST is a Historical offering. The last Form D, filed Jan 12, 2023, reports the offering fully sold.
In the news
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 offering documents before investing.