The company advances its capital strategy with a targeted private equity sale using Regulation D exemptions.

July 08, 2025

ExchangeRight Raises $1.2M in Ongoing Private Offering

ExchangeRight Income Fund is continuing to build momentum in its private real estate investment trust. As of July 1, the firm sold 41,328 Class ER-I common shares, generating approximately $1.2 million in gross proceeds. These sales are part of a larger $2.165 billion offering that remains open and active.

The shares were sold under Regulation D, using exemptions that allow the company to reach accredited investors without registering with the SEC. That’s a common approach for private REITs that want to move quickly and remain flexible. About $37,000 in selling commissions were paid on this round.

ExchangeRight’s goal is to raise capital for real estate investments that aim to deliver consistent income. The fund targets properties leased to tenants the company believes are less exposed to e-commerce disruption and economic cycles. It’s a focused strategy—designed to align capital with cash flow–producing assets.

At the same time, the firm flagged several risk factors. These include everything from:

• Tenant turnover and credit quality


• Interest rate volatility


• Compliance with REIT tax requirements


• Market conditions and regulatory changes

Forward-looking statements were included, with the usual cautions about assumptions and market sensitivity.

This latest transaction signals that ExchangeRight continues to execute its capital plan. With several share classes available and fundraising ongoing, the company is staying active in the private REIT space and pushing ahead with its acquisition strategy.