Net-Leased Portfolio 63
Net lease property · sponsored by ExchangeRight
Net-Leased Portfolio 63 was a DST sponsored by ExchangeRight that owned a net lease property. 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
- $75,120,000Equity offered, per the Form D
- Sold
- 100%Form D, Dec 10, 2024; the % is our arithmetic
- Investors reported
- Form D, Dec 10, 2024126
- Selling commissions
- Form D Item 15; the % is our arithmetic$3,756,000 · 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: Net-Leased Portfolio 63. Top1031 is not a broker-dealer.Net-Leased Portfolio 63 · Photo: cdn-static.exchangeright.com
What did Net-Leased Portfolio 63 own?
ExchangeRight assembled 15 properties in 15 separate markets across 13 states, totaling 510,625 square feet of grocery, healthcare, and necessity-based retail space. 1 The public materials reviewed do not identify the individual cities, street addresses, acquisition dates, or per-property purchase prices behind that portfolio.
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 debt rather than owning free and clear. ExchangeRight launched it with fixed-rate, non-recourse, interest-only financing — no principal is repaid during the loan term, and the lender's remedy on default runs to the properties, not to investors personally. 1
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Costs and terms from the Form D
- Selling commissions
- $3,756,000 · 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
- 23 named in the Form D
Show the firms
- Arkadios Capital · CRD 282710
- Aurora Securities · CRD 46147
- Cabin Securities, Inc. · CRD 137608
- Cabot Lodge Securities LLC · CRD 159712
- Calton & Associates, Inc. · CRD 20999
- Cape Securities Inc. · CRD 7072
- 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
- Kingswood Capital Partners, LLC · CRD 288898
- Lighthouse Capital Group, LLC · CRD 169135
- Lightpath Capital, Inc. · CRD 34617
- Lyndhurst Securities Inc. · CRD 315582
- McDermott Investment Services, LLC · CRD 154926
- Newbridge Securities Corporation · CRD 104065
- Peak Brokerage Services, LLC · CRD 157045
- Realized Financial, Inc. · CRD 22333
- Realta Equities, Inc. · CRD 23769
- SCF Securities, Inc. · CRD 47275
- Wealthforge Securities, LLC · CRD 152550
- Western International Securities, Inc. · CRD 39262
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Jun 12, 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 Net-Leased Portfolio 63?
ExchangeRight runs a long-numbered series of net-leased DST portfolios and continues to bring new ones to market. It announced this portfolio's full subscription on December 13, 2023, describing the offering as $125,802,000 — a figure larger than the equity amount recorded on the Trust's Form D, and the two are reported without reconciliation. 1 No sale, refinancing, or other full-cycle outcome has been recorded in the sources reviewed.
- Sponsor
- Offerings on record
What does the SEC record show?
The first notice was filed before any interests had been sold, identifying the securities as equity interests in the Trust. 2 A single later amendment closed the story out, reporting the raise complete. The Trust was offered privately to accredited investors — those meeting SEC income or net-worth tests — without public advertising.
- Legal Trust name
- ExchangeRight Net-Leased Portfolio 63 DST
- SEC CIK
- 1975815
- First Form D
- May 26, 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 | $75,120,000 | $75,120,000+$75,120,000 | 126 | EDGAR | |
| Form D | $75,120,000 | $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 Net-Leased Portfolio 63?
- Net-Leased Portfolio 63 is a Historical offering. The last Form D, filed Dec 10, 2024, reports the offering fully sold.
- Why does ExchangeRight's announced offering size differ from the SEC filing?
- ExchangeRight's December 13, 2023 announcement described a $125,802,000 offering, while the Trust's Form D reports a smaller total offering amount for the equity interests sold to investors. Public sources report both figures without reconciling them. A Form D reports the securities being offered; a sponsor press release may describe the portfolio on a different basis.
- What does the Trust actually own?
- Fifteen properties in fifteen markets across thirteen states, totaling 510,625 square feet of grocery, healthcare, and necessity-based retail space, per ExchangeRight's December 13, 2023 announcement. Nine tenants occupy the portfolio, including FedEx, Tops Friendly Markets, Dollar General, Tractor Supply, and BioLife. Property-level addresses and a tenant-to-property map are not in the public materials reviewed.
- Is there a 721/UPREIT exit for this Trust?
- Nothing in the record indicates one. A 721 or UPREIT exit is a transaction in which Trust interests are exchanged for operating-partnership units of a REIT, converting real estate ownership into REIT units. The Trust's record here shows no REIT conversion feature and no completed conversion.
- Has the Trust sold its properties or gone full cycle?
- No outcome has been reported yet. The sources reviewed through September 2026 show no completed sale, no foreclosure, no refinancing, and no full-cycle event for this portfolio. The most recent filing on record is the December 10, 2024 Form D amendment reporting the offering complete.
In the news
Sources
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These links support the record as a whole; individual details may come from different sources.
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.