Net-Leased Portfolio 63
Net lease property — sponsored by ExchangeRight
Files with the SEC as ExchangeRight Net-Leased Portfolio 63 DST
Minimum investment
$100k
Offering size
$75.1M
How much has sold
100.0%
Asset type
Net lease property
Location
Not stated
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Net-Leased Portfolio 63 combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
How did it end?
No sale or other ending on record
ExchangeRight's Dec. 13, 2023 sponsor announcement identifies Net-Leased Portfolio 63 DST as currently operating with 15 properties in 15 markets; it states no completed sale/full-cycle, 721/UPREIT exchange, or foreclosure, and the current full-cycle list does not name the DST.
Supporting evidence
How is it financed, and what does it pay?
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Who's behind it?
- Sponsor
- ExchangeRight
- Legal Trust name
- ExchangeRight Net-Leased Portfolio 63 DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 23 active / 60 total offerings from ExchangeRight
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 2
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
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.
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.
Common questions
What happened to Net-Leased Portfolio 63?
Top1031 lists Net-Leased Portfolio 63 as historical. It is no longer raising money.
Where does Top1031 get the data for Net-Leased Portfolio 63?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7ExchangeRight Fully Subscribes a $125.8 Million Diversified PortfolioExchangeRight announced the full subscription of Net-Leased Portfolio 63 DST, a $125,802,000 offering featuring 510,625 sq ft of grocery, healthcare, and necessity-based retail tenants; 15 properties across 13 states and 9 tenants including FedEx, Tops Friendly Markets, Dollar General, Tractor Supply, and BioLife; launched with 40.29% LTV at 5.672% fixed rate 5-year non-recourse interest-only financing. Net-Leased Portfolio 63 - Fully SubscribedSponsor-site video announcement that ExchangeRight has fully subscribed Net-Leased Portfolio 63 DST, a $125,802,000 offering featuring 510,625 square feet of grocery, healthcare, and necessity-based retail tenants. ExchangeRight Fully Subscribes 13-State DST PortfolioTrade-press coverage of ExchangeRight's full subscription of Net-Leased Portfolio 63 DST, the $125,802,000 offering featuring 510,625 sq ft of grocery, healthcare, and necessity-based retail tenants across 13 states.