Full cycle

ExchangeRight Net Leased Portfolio 23 DST Reached Full Cycle in a March 26, 2026 Sale

The Delaware Statutory Trust (DST) held its properties for 7. 6 years, and the sponsor's published track record is the only place the outcome is documented.

Published Updated

ExchangeRight lists ExchangeRight Net Leased Portfolio 23 DST as a completed program on its published track record, which states an annualized return of 6.34%, as reported by the sponsor in its full-cycle returns document.

That figure stands alone. The private placement memorandum is not public, and the Form D carries no distribution or return figures, so nothing from the Trust's own paperwork sits beside the sponsor's number.

Item

On the record

Trust

ExchangeRight Net Leased Portfolio 23 DST

Sponsor

ExchangeRight

Asset class

Commercial

Exemption

506(b)

First filing

Form D, August 28, 2018

Offering amount, up to

$42,800,000

Minimum investment

$100,000

Disposition type

Property sold

Disposition date

March 26, 2026

Sale price

not stated

What the public record fixes is a start date, an exit date, and one figure published by the sponsor. Who bought the properties, and for how much, is not in it.