ExchangeRight Net-Leased Portfolio 62 DST
Net lease properties in 10 states · sponsored by ExchangeRight
ExchangeRight Net-Leased Portfolio 62 DST was a DST sponsored by ExchangeRight that owned net lease properties in 10 states. Its last Form D, filed Dec 10, 2024, reports the offering fully sold.
How it ended
No outcome recorded · under 7 years
The last Form D, filed Dec 10, 2024, reports the offering fully sold.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $61,625,000Equity offered, per the Form D
- Sold
- 100%Form D, Dec 10, 2024; the % is our arithmetic
- Investors reported
- Form D, Dec 10, 2024109
- Selling commissions
- Form D Item 15; the % is our arithmetic$3,081,250 · 5.0% 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 →
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Ask a 1031 specialist about this recordFree. About: ExchangeRight Net-Leased Portfolio 62 DST. Top1031 is not a broker-dealer.ExchangeRight Net-Leased Portfolio 62 DST · 10 states · Photo: cdn-static.exchangeright.com
What did the Trust own?
ExchangeRight assembled this Trust as a diversified pool rather than a single building, spreading it across 17 separate markets so that no one location or local economy carries the whole portfolio. 1 The real estate runs to necessity-based formats: discount and dollar-store retail, grocery, pharmacy, dialysis clinics, and parcel distribution space. 1 Street addresses, acquisition dates, and purchase prices do not appear in the public sources reviewed.
- Reported location
- 10 states
- Property size
- 17 properties; 428,605 square feet
Tenant and lease terms are not in the SEC filings or cited sources.
How was it financed, and what did it cost to sell?
The Trust carries mortgage debt rather than owning its real estate free and clear. ExchangeRight described the loan as non-recourse and interest-only — the lender's remedy in a default is the property itself rather than investors personally, and no principal is paid down during the loan term. 1 The lender is not identified in the sources reviewed.
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Costs and terms from the Form D
- Selling commissions
- $3,081,250 · 5.0% 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
- 21 named in the Form D
Show the firms
- Arkadios Capital · CRD 282710
- Aurora Securities · CRD 46147
- Cabin Securities, Inc. · CRD 137608
- Cape Securities Inc. · CRD 7072
- Client One Securities LLC · CRD 152974
- Concorde Investment Services, LLC · CRD 151604
- Emerson Equity LLC · CRD 130032
- Great Point Capital LLC · CRD 114203
- IBN Financial Services, Inc. · CRD 42360
- Investment Security Corporation · CRD 47536
- Lighthouse Capital Group, LLC · CRD 169135
- Lightpath Capital, Inc. · CRD 34617
- Lion Street Financial, LLC · CRD 165828
- McDermott Investment Services, LLC · CRD 154926
- Patrick Capital Markets, LLC · CRD 16518
- Purshe Kaplan Sterling Investments · CRD 35747
- Realized Financial, Inc. · CRD 22333
- SCF Securities, Inc. · CRD 47275
- Saxony Securities, Inc. · CRD 115547
- Stonecrest Capital Markets, Inc. · CRD 39616
- Wealthforge Securities, LLC · CRD 152550
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Mar 27, 2023
- 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?
ExchangeRight sponsors diversified net-leased DSTs in a numbered series, and Portfolio 62 is one entry in that line. 1 The Trust's Form D names David Fisher, Joshua Ungerecht, and Warren Thomas as its executive officers. 2 ExchangeRight announced the full subscription of this offering on September 7, 2023. 1 Trade outlets including Connect Money and Connect CRE covered the close the same day. 3
- Sponsor
- Offerings on record
What does the SEC record show?
The amendment on file reported the equity fully sold and gave a first sale date of March 27, 2023. 4 ExchangeRight's September 2023 release described the offering as $110.12 million, larger than the equity amount on the Form D, and the public record reviewed does not explain the difference. 1
- Legal Trust name
- ExchangeRight Net-Leased Portfolio 62 DST
- SEC CIK
- 1966955
- First Form D
- Mar 14, 2023
- Latest Form D
- Dec 10, 2024
- 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 | $61,625,000 | $61,625,000+$61,625,000 | 109 | EDGAR | |
| Form D | $61,625,000 | $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 62 DST?
- ExchangeRight Net-Leased Portfolio 62 DST is a Historical offering. The last Form D, filed Dec 10, 2024, reports the offering fully sold.
- What does the Trust actually own?
- Seventeen net-leased properties totaling 428,605 square feet, spread across 17 markets in 10 states. ExchangeRight described the mix as necessity-based real estate — discount retail, grocery, pharmacy, dialysis, and parcel distribution. Individual street addresses and a property-by-property tenant map were not found in public sources reviewed as of August 29, 2026.
- Who are the tenants?
- ExchangeRight named eight: FedEx, Dollar General, Pick 'n Save, BioLife, Food Lion, Fresenius Medical Care, CVS Pharmacy, and Family Dollar. The sponsor reported a 9.7-year weighted-average lease term at launch. Which tenant occupies which of the 17 buildings is not disclosed in the sources reviewed.
- How was the offering sold, and who could buy in?
- Under Rule 506(b), the private-placement exemption that bars general advertising or public solicitation and, in practice here, limited purchasers to accredited investors — people meeting SEC income or net-worth thresholds. The Form D reported a $100,000 minimum investment.
- Why does the sponsor cite $110.12 million when the SEC filing shows a smaller offering?
- ExchangeRight's September 7, 2023 release described the fully subscribed offering as $110.12 million, while the Form D reports a smaller equity amount. A Form D reports securities sold, which excludes mortgage debt, but no reviewed source states the reconciliation, so Top1031 does not assert one. Connect Money separately reported the figure as $110.2 million.
In the news
Sources
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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.