Full cycle

ExchangeRight Net-Leased Portfolio 53 DST completed a 721 exchange

The Delaware Statutory Trust (DST) offering first filed its Form D on December 27, 2021 and sold interests under Rule 506(b).

Published Updated

ExchangeRight Net-Leased Portfolio 53 DST rolled into a real estate investment trust on October 6, 2026, after a hold of 4.8 years. An SEC Form 4 records a merger exchange of the trust's interests for REIT operating-partnership units, in an ExchangeRight offering with a $90.335 million maximum.

Field

Value

Trust

ExchangeRight Net-Leased Portfolio 53 DST

Sponsor

ExchangeRight

Property

not stated

Location

not stated

Asset type

Commercial

First Form D filed

December 27, 2021

Original offering amount (maximum)

$90,335,000

Minimum investment

$100,000

Outcome

Section 721 UPREIT roll (contribution to a REIT for operating-partnership units)

Exit date

October 6, 2026

Hold

4.8 years

A Section 721 UPREIT roll ends a program by contributing the trust's property to a REIT's operating partnership, with units issued in exchange. Holders of the trust interests take units rather than proceeds from a sale. The exchange appears in a Form 4, the filing that reports changes in an insider's holdings.

An AltsWire report quotes ExchangeRight confirming that the portfolio acquisition had closed. No sale price, total return, annualized return or equity multiple appears in the documents cited here.

ExchangeRight has 121 programs on record and 11 other active offerings as of October 19, 2026. Its current programs run across essential income and net-leased series, among them ExchangeRight Essential Income 14 DST and Net-Leased Portfolio 76 DST, a net lease retail program in Hammond, Louisiana.

Sources: SEC Form D, December 27, 2021; SEC Form 4, transaction dated October 6, 2026; AltsWire, October 14, 2026.

The hold runs from the first Form D to the exit date; return figures are as reported by the sponsor. How we report outcomes.

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