ExchangeRight Surpasses $6 Billion in Assets Under Management

Strategic Insights -

ExchangeRight, a leading provider of diversified real estate investments, has reached a significant milestone by surpassing $6 billion in assets under management. As of June 30, 2024, the company stewards over $6 billion on behalf of more than 8,300 investors across the country. ExchangeRight's team is proud to have protected investor capital and provided monthly distributions that met or exceeded initial targets, achieving a 100% preservation of capital in all 33 full-cycle offerings, with an average annual total return of 8.65%.

Key Takeaways:

  • ExchangeRight has surpassed $6 billion in assets under management, a significant milestone for the company.
  • The company has preserved 100% of investor capital in all 33 full-cycle offerings, achieving an average annual total return of 8.65%.
  • ExchangeRight has provided monthly distributions that met or exceeded initial targets, month after month, without exception.
  • The company has built a broadly diversified long-term net lease portfolio backed by national tenants operating essential businesses in historically recession-resilient industries.
  • Warren Thomas, managing partner at ExchangeRight, emphasized the importance of faithful stewardship, stating that the team is passionate about protecting investor wealth through conservative portfolio construction and strict acquisition criteria.
  • Joshua Ungerecht, managing partner at ExchangeRight, expressed gratitude for the trust and collaboration from investors, representatives, and advisors who have partnered with ExchangeRight to achieve this milestone.

Statistics:

  • $6 billion: the amount of assets under management surpassed by ExchangeRight as of June 30, 2024.
  • 8,300: the number of investors being stewarded by ExchangeRight.
  • 33: the number of full-cycle offerings with 100% preservation of capital.
  • 8.65%: the average annual total return achieved by ExchangeRight.
  • June 30, 2024: the date of ExchangeRight's $6 billion milestone.

Sources:

  • ExchangeRight news release (no date provided)
  • Past performance does not guarantee future results.