Joshua Ungerecht, a managing partner at ExchangeRight, shared that the Essential Income REIT’s consistently strong tax-equivalent yields have made it an attractive offering for retired investors looking for tax-advantaged income.

ExchangeRight, one of the nation’s leading providers and asset managers of investment real estate, has announced the appointment of Art Miller to its Strategic Relations team as senior vice president of the Northeast region...

The company has expanded its Strategic Relations team with the appointment of Michael Leydig as senior vice president of the Pacific Northwest region.

Advisors, representatives, and their clients entrusted over $360 million of equity in ExchangeRight DST offerings in 2023, resulting in ExchangeRight growing its market share by more than 20% year over year.

The offering contains 15 properties in 15 markets diversified across 13 states and 9 historically recession-resilient tenants, including FedEx, Tops Friendly Markets, Dollar General, Tractor Supply, and BioLife. 

Warren Thomas, a managing partner at ExchangeRight, shared that this reporting relationship will help educate advisors about the Essential Income REIT's successful performance to date, broadening its reach to more investors who need the kind of stable income that the REIT has historically generated.

Howard joins ExchangeRight with more than 15 years of experience in the Alternative Investment industry, focusing on national accounts and business development. She holds Series 7, 24, and 63 licenses with the Financial Industry Regulatory Authority (FINRA).

Flahardy joined ExchangeRight in 2014 and has more than 20 years of experience in the financial industry focused on securitized 1031 exchanges. He holds Series 7 and 63 licenses with the Financial Industry Regulatory Authority (FINRA).

The offering’s property is located in Uniondale, NY, featuring a 5-mile population of over 550,000 in an infill location on Long Island, NY, with limited developable land and significant development restrictions.