ExchangeRight Net Leased Portfolio 22 DST reached full cycle on August 31, 2023. The exit was a property sale, and ExchangeRight lists the program as a completed offering on its published track record.
The Form D filed on June 7, 2018 carries no distribution terms, so the record holds no originally disclosed distribution figure to set beside the sponsor's reported result. The span from that filing date to the August 31, 2023 exit is the hold Top1031 states; no other hold figure appears in the record.
As filed | Record |
|---|---|
Exemption | 506(b) |
Asset class | Commercial |
Maximum offering amount | $39,450,000 |
Minimum investment | $100,000 |
Annualized return | 6.42%, as reported by the sponsor in its published full-cycle returns summary |
That returns summary is the only document in the record that reports a result for this offering. It gives no methodology for the figure, and none can be read into it here.
What the record does not carry is a price. Neither the Form D nor the returns summary states what the property sold for, or who bought it.