ExchangeRight Fully Subscribes $38.95 Million Essential Income 7 DST as Demand for Accelerated REIT Access Continues

PASADENA, Calif.--(BUSINESS WIRE)--ExchangeRight, one of the nation's leading providers of diversified REIT and DST investments, has announced the full subscription of Essential Income 7 DST amid continued investor demand for accelerated access to the Essential Income REIT. Essential Income 7 DST is a closed offering and is not accepting new investors.

The fully subscribed offering is part of ExchangeRight's Essential Income DST series, designed to provide investors with access to the Essential Income REIT via a tax-deferred Section 721 exchange after a targeted two-year hold period. Essential Income 7 DST is supported by a 20-year master lease guarantee provided by ExchangeRight's Essential Income REIT and its Operating Partnership.

The unleveraged offering features a $38.95 million portfolio of net-leased real estate backed by historically recession-resilient tenants and provides investors with a current cash flow rate of 5.50%. The portfolio consists of five properties tenanted by BioLife, Hobby Lobby, and Tractor Supply Company. The properties total 147,862 square feet of retail and healthcare space across Massachusetts, Michigan, Missouri, Georgia, and Texas.

After approximately two years, Essential Income 7 DST is structured to provide investors a tax-deferred exit via 721 exchange into the Essential Income REIT. The Essential Income REIT is currently invested in a diversified portfolio of 397 properties across 37 states with net leases backed by 40 recession-resilient and primarily investment-grade tenants, as of March 31, 2026. There is no guarantee that Essential Income 7 DST will achieve its exit strategy or investment objectives.

“The rapid subscription of Essential Income 7 DST is representative of the sustained and growing demand for our Essential Income DST series, which features offerings structured to provide investors a clearly defined path to the Essential Income REIT through a tax-deferred 721 exchange,” said Joshua Ungerecht, a managing partner at ExchangeRight. “Investors are increasingly drawn to this opportunity for a tax-deferred fast-track to the enhanced diversification, liquidity potential, and estate planning benefits available with the Essential Income REIT.” The past performance of ExchangeRight and its offerings does not guarantee future performance.

About ExchangeRight

ExchangeRight and its affiliates’ vertically integrated platform features more than $7.4 billion in assets under management that are diversified across over 1,400 properties and 28 million square feet throughout 47 states, as of May 31, 2026. ExchangeRight pursues its passion to empower people to be secure, free, and generous through its Essential Income REIT and 1031 DST portfolios that target secure capital, stable income, and strategic exits, all of which have historically met or exceeded investor projections since ExchangeRight’s inception. On behalf of investors nationwide, the company structures and manages net-leased portfolios of assets backed primarily by investment-grade corporations that have successfully operated in the industrial, retail, and healthcare industries. Past performance does not guarantee future results. Please visit www.exchangeright.com for more information.