Your 1031 DST Authority
ExchangeRight
Firm Overview
ExchangeRight has scaled into one of the defining net-lease DST franchises, ending 2025 as the fifth-largest sponsor in the 1031 DST market with roughly $7.0 billion in AUM across more than 1,400 properties and 27 million square feet in 48 states. Founded in 2012 and vertically integrated out of Pasadena, the firm anchors its portfolios in investment-grade-tenanted necessity retail and healthcare—pharmacies, grocery, dollar stores—whose recession-resistant cash flows underpin its consistency. The track record is the headline: 34 full-cycle offerings averaging an 8.60% annual return with no loss of investor capital, all 126 offerings meeting or exceeding distribution projections, and an Essential Income REIT that supplies a 721 UPREIT exit. That combination of scale, tenant credit discipline and full-cycle performance makes it a benchmark for the category.
Offerings from this Sponsor
Track Record Summary
Realized Track Record
28 full-cycle investments
| Investment | Location | Asset | Hold (Yrs) | Equity Multiple | Annual Return |
|---|---|---|---|---|---|
| Multifamily 1 – Van Mark Creek Apartments | Multifamily | 3.94 | 1.29x | 7.27% | |
| Multifamily 2 – Mira Bella and San Martin Apartments | Multifamily | 4.29 | 1.29x | 6.82% | |
| Multifamily 3 – Lakeside at Arbor Place Apartments | Multifamily | 3.2 | 1.35x | 11.08% | |
| Multifamily 4 – North Austin Apartment Portfolio | Multifamily | 4.25 | 1.29x | 6.80% | |
| Multifamily 5 – Crystal Lake Florida Apartments | Multifamily | 2.57 | 1.22x | 8.51% | |
| Multifamily 6 – El Paso Apartment Portfolio | Multifamily | 3.8 | 1.55x | 14.52% | |
| Net-Leased Portfolio 1 | Net Lease | 7.4 | 1.46x | 9.40% | |
| Net-Leased Portfolio 10 | Net Lease | 7.15 | 1.52x | 7.26% | |
| Net-Leased Portfolio 11 | Net Lease | 6.74 | 1.46x | 6.81% | |
| Net-Leased Portfolio 12 | Net Lease | 3.68 | 1.25x | 7.01% | |
| Net-Leased Portfolio 13 | Net Lease | 4.16 | 1.31x | 7.35% | |
| Net-Leased Portfolio 14 | Net Lease | 4.31 | 1.29x | 6.77% | |
| Net-Leased Portfolio 15 | Net Lease | 4.67 | 1.3x | 6.54% | |
| Net-Leased Portfolio 16 | Net Lease | 4.75 | 1.34x | 7.08% | |
| Net-Leased Portfolio 17 | Net Lease | 4.87 | 1.34x | 7.04% | |
| Net-Leased Portfolio 18 | Net Lease | 4.71 | 1.31x | 6.67% | |
| Net-Leased Portfolio 19 | Net Lease | 4.67 | 1.32x | 6.93% | |
| Net-Leased Portfolio 2 | Net Lease | 7.07 | 1.65x | 9.22% | |
| Net-Leased Portfolio 21 | Net Lease | 4.43 | 1.3x | 6.68% | |
| Net-Leased Portfolio 22 | Net Lease | 5.23 | 1.34x | 6.37% | |
| Net-Leased Portfolio 28 | Net Lease | 5.36 | 1.35x | 6.96% | |
| Net-Leased Portfolio 3 | Net Lease | 7.64 | 1.69x | 9.10% | |
| Net-Leased Portfolio 4 | Net Lease | 7.52 | 1.58x | 7.73% | |
| Net-Leased Portfolio 5 | Net Lease | 7.84 | 1.57x | 7.34% | |
| Net-Leased Portfolio 6 | Net Lease | 7.9 | 1.6x | 7.67% | |
| Net-Leased Portfolio 7 | Net Lease | 7.38 | 1.57x | 7.81% | |
| Net-Leased Portfolio 8 | Net Lease | 4.7 | 1.36x | 7.69% | |
| Net-Leased Portfolio 9 | Net Lease | 7.38 | 1.53x | 7.25% |
For informational purposes only; not an offer to sell or a solicitation of any security. Sponsor track record — including full-cycle deals, average annual return, equity multiple, hold period, and success rate — describes the sponsor's prior programs, is provided by or derived from the sponsor, and is not indicative of the results of any current or future offering. Offerings are made only to verified accredited investors by means of a confidential private placement memorandum. Baker 1031 Investments is independent and sponsor-agnostic.