ExchangeRight Net Leased Portfolio 28 DST reached full cycle on November 19, 2024. The disposition on record is a Section 721 UPREIT roll, a contribution of the Delaware Statutory Trust (DST) property to a REIT in exchange for operating-partnership units. The dates place the hold at 5.3 years.
The offering as filed | |
|---|---|
Sponsor | ExchangeRight |
First Form D | July 18, 2019 |
Offering amount | $53,157,000 |
Minimum investment | $100,000 |
Exemption | 506(b) |
Asset class | Commercial |
One performance figure sits on the public record: an annualized return of 6.97%, as reported by the sponsor in its published full-cycle returns summary. No disposition value accompanies it, and no equity multiple. The Form D carries no performance terms; those sat in the private placement memorandum, which is not a public document.
Beyond the exit type, the closing date and that single track-record figure, the public file on this disposition is thin.