Full cycle

ExchangeRight Net Leased Portfolio 13 DST Closed Its Full Cycle With an October 2020 Property Sale

Filed under a 506(b) exemption and capped at $25. 8 million, the Delaware Statutory Trust (DST) now appears as a completed program on ExchangeRight's published track record.

Published Updated

ExchangeRight Net Leased Portfolio 13 DST reached full cycle on October 29, 2020, when the offering's property sold. Measured from the Trust's first Form D filing on August 25, 2016, the hold ran 4.2 years.

That filing set a $100,000 minimum investment and carries no distribution figure. What the offering told its investors about income was left to the private placement memorandum, which is not a public document.

The program carries an annualized return of 8.64%, as reported by the sponsor in its full-cycle returns disclosure.

No sale price appears in the public record, and neither a total return nor an equity multiple is disclosed. The annualized figure rests on ExchangeRight's own published disclosure rather than on a transaction document.