ExchangeRight sold Lakeside at Arbor Place, an apartment property at 3000 Highway 5 in Douglasville, Georgia, on September 12, 2019.
The Trust filed its first Form D on June 27, 2016 as a 506(b) offering, with a maximum offering amount of $14.05 million and a $100,000 minimum investment.
ExchangeRight's published full-cycle returns report states an annualized return of 11.08%, as reported by the sponsor. The span from that first Form D to the sale runs 3.2 years. The report does not state a sale price, a total return, or an equity multiple.