ExchangeRight sold the property held by ExchangeRight Net Leased Portfolio 5 DST on December 9, 2021, and lists the trust among its completed, full-cycle programs.
The offering opened in early 2014. Its Form D was filed January 13, 2014, under Regulation D 506(b), carrying an equity ceiling of $13 million and a $50,000 minimum investment. From that filing to the December 2021 sale spans 7.9 years.
On its published full-cycle track record, ExchangeRight reports a total return of 157.08% as reported by the sponsor and an annualized return of 7.75% as reported by the sponsor. It puts the disposition value at $23 million as reported by the sponsor.
Those figures rest on one source, the sponsor's own published record. No equity multiple is available, and the evidence carries no independent account of the sale. The Form D that opened the offering records its terms, not its distribution history.
ExchangeRight's published record lists 26 other programs as completed full cycle.