ExchangeRight Raises Over $900K Through Private Share Sales

The transaction marks a continuation of ExchangeRight’s strategic private placement offering aimed at expanding its investor base through diversified share classes.

August 07, 2025

August Share Sales Total Nearly $940K

ExchangeRight Income Fund, operating as ExchangeRight Essential Income REIT, executed a set of unregistered share sales on August 1 that brought in just under $940,000 in gross proceeds. The transactions reflect the firm’s ongoing efforts to scale its private placement offering—targeted at raising up to $2.165 billion through multiple share classes.

Three classes were involved in the August 1 issuance: Class D, Class ER-A, and Class ER-D Common Shares. Each was sold in reliance on exemptions under Section 4(a)(2) and Rule 506(c) of Regulation D, keeping the transactions within the regulatory framework for private offerings.

Breakdown of Shares Sold

• Class D: 6,441 shares sold, raising roughly $175,000


• Class ER-A: 19,933 shares sold, bringing in $577,464


• Class ER-D: 6,886 shares sold, totaling $187,500

Commissions were applied where appropriate—most notably, the ER-A shares generated $38,000 in selling fees.

Strategic Context and Risk Considerations

Each share class serves a different investor profile, and the structure of this offering reflects that. The fund continues to position itself around income-generating, net-leased real estate assets with characteristics it describes as e-commerce resistant and recession-resilient.

ExchangeRight flagged several factors that could affect future performance: tenant concentration, lease renewals, market competition, and regulatory shifts among them. The firm also noted the risk of future share dilution and emphasized that forward-looking statements depend on assumptions that may not hold up against actual market conditions.

This update fits into a broader strategy—raising capital efficiently while staying responsive to investor demand. The fund’s structure, capital deployment, and reporting cadence suggest a continued focus on transparency and discipline. Investors and stakeholders can track future updates through the company’s SEC filings.