ExchangeRight Essential Income 13 DST
Investment Description
This Delaware statutory trust holds a distribution facility in Lakeville, Minnesota. The property is leased to an operating tenant within a structure that includes an affiliated master lease. Investors acquire beneficial interests in the trust, with acquisition and management roles performed by ExchangeRight-related entities.
Key Facts
- Fundraising Status
- Open
- Sponsor Name
- ExchangeRight Real Estate, LLC
- Location(s)
- Minnesota
- Equity
- $107,600,000
- Debt
- $0
- LTV (investor offering)
- 0.00%
- Property Type
- Industrial / distribution
Projected income percentages use original equity and exclude exit proceeds. LTV = allocated debt / (equity + allocated debt). Figures reflect reviewed document dates, not current operating results. Projections are not guaranteed; availability is maintained separately.
Sponsor Overview
ExchangeRight Real Estate, LLC
ExchangeRight Real Estate, LLC sponsors the offering and owns the affiliated manager, property manager and master lessee. The PPM identifies David Fisher, Joshua Ungerecht and Warren Thomas as principals of the net-lease real estate platform.