Cash Management Funds

ExchangeRight has historically provided shorter-term preferred equity funds for advisors and their investors seeking cash management solutions that feature attractive quarterly distributions and shorter-term liquidity backed by ExchangeRight and its acquisition pipeline.

Net-Leased Preferred Equity Funds
Watch: Learn About Our Net-Leased Preferred Equity Funds

Investment Goals

Net-Leased Preferred Equity Funds (“NLPEFs”) have historically provided accredited investors with passive income (that can be offset by passive losses) and access to liquidity after an initial six-month investment period. Fully backed by ExchangeRight and the assets it acquires for investors, our NLPEF offerings have supported our strong and growing track record of over 130 successful syndications.

Returns

Returns

Annualized cash flow distributions, paid quarterly. Investments accepted for both qualified and non-qualified accounts.

Liquidity

Liquidity

Designed to provide accredited investors with access to liquidity after an initial six-month investment period.

Collateralized Investments

Collateralized Investments

Collateralized by the net income of ExchangeRight, and distributions are senior to ExchangeRight’s common equity.

No Upfront Costs or Management Fees

No Upfront Costs or Management Fees

Structured with no upfront costs to investors and no ongoing fees paid to ExchangeRight for the management of the Fund.

Net-Leased Preferred Equity Funds are Designed for:

  • Investors in need of attractive yields and shorter hold periods
  • Compelling returns collateralized by institutional-quality real estate
  • Increased access to liquidity targeted after six months
Review Net-Leased Preferred Equity Funds for Your Clients

Do you have a client in need of an attractive yield with a shorter hold period? Click below to connect with a member of our team to see if a preferred equity fund is right for their situation.

Net-Leased Preferred Equity Fund Track Record

5
Closed Offerings
3
Full-Cycle Offerings
5.25-13.31%
Average Total Annual Return of Fully Subscribed and Full-Cycle Offerings
130+
Successful Syndications

Closed Offerings

Offering Name
Average Annualized Return1
Date Closed
Date Full Cycle
Net-Leased Preferred Equity Fund 1
12.93%
11/22/14
12/31/16
Net-Leased Preferred Equity Fund 2
10.11%
12/1/17
7/25/18
Net-Leased Preferred Equity Fund 3
8.25-9.75%
9/21/18
6/30/23
Net-Leased Preferred Equity Fund 4
7.00-8.50%
11/19/20
--
Net-Leased Preferred Equity Fund 5
5.25-6.75%
8/31/25
--

1Average Annualized Return is calculated as Total Investor Distributions divided by Net Equity Invested, annualized over the Average Length of Investment. The information above is as of 5/31/26. Past performance is no guarantee of future results. There is no guarantee that any offering will achieve its objectives. Returns and periodic liquidity are not guaranteed and are ultimately dependent on the successful operation of the fund.

Click below to see if ExchangeRight’s Cash Management Funds may be a fit for your clients’ needs.