other material
confidence high
sentiment neutral
materiality 0.20
ExchangeRight Income Fund sells 16,287 Class D shares for $450,000 under $2.165B private offering
ExchangeRight Income Fund
- On October 1, 2026 the company sold 16,287 Class D common shares for gross proceeds of $450,000, an implied average of roughly $27.63 per share.
- The sale is part of a continuous private placement of up to $2.165 billion of common shares covering Class I, A, S, D, ER-I, ER-A, ER-S and ER-D shares.
- Class D shares were issued in reliance on the Section 4(a)(2) exemption and Rule 506(c) of Regulation D, so no registration statement was required.
- ExchangeRight Income Fund (dba ExchangeRight Essential Income REIT), a Pasadena, California REIT, signed the report on October 6, 2026 via Executive Managing Principal David Fisher.