ExchangeRight has announced that its Essential Income REIT was one of only two Growth and Stabilizing Non-Traded equity REITs (“NTR”) that fully covered its distributions with Adjusted Funds from Operations (“AFFO”) or Modified Funds from Operations (“MFFO”) in 2024 and Q1 2025, as reported in Blue Vault’s 2024 and Q1 2025 Non-Traded REIT Industry Reviews. This represents the REIT’s consistent inception-to-date track record of fully funding its cash distributions solely from its operations instead of from investor equity or financing. The Essential Income REIT’s AFFO to distribution coverage inception-to-date is 104.28% as of March 31, 2025.
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PASADENA, Calif. — ExchangeRight's Essential Income REIT stands out among non-traded REITs, as reported by Blue Vault (Tuesday, July 29, 2025).
In Q1 2025, the Essential Income REIT experienced one of the five lowest redemption rates, with redemptions totaling 1.51% of weighted average shares outstanding. In contrast, the other 11 NTRs averaged 3.17%, more than 2 times the rate experienced by the Essential Income REIT, per Blue Vault’s report.
The Essential Income REIT was also one of only five NTRs that have an interest coverage ratio greater than 2.15x, with a Q1 2025 interest coverage ratio of 2.2x. This represents the REIT’s resilient ability to cover its financing costs with a robust margin in order to protect investors’ income and capital. Past performance is no guarantee of future results.
In Q1 2025, the Essential Income REIT was given a High Operating Performance rating according to Blue Vault, having one of the top three returns on assets for growth and stabilizing REITs for the previous four quarters.
The past performance of the REIT does not guarantee future results. All comparative claims about growth or stabilizing equity non-traded REITs are based on Blue Vault’s Q1 2025 Non-Traded REIT Industry Review, Non-Traded REIT Fee Study (4th ed.), pp. 52-108. |
About ExchangeRight
ExchangeRight and its affiliates’ vertically integrated platform features more than $6.6 billion in assets under management that are diversified across over 1,300 properties, and 26 million square feet throughout 47 states, as of June 30, 2025. 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 our investors nationwide, the company structures and manages net-leased portfolios of assets backed primarily by investment-grade corporations that have successfully operated in the necessity-based retail and healthcare industries. Past performance does not guarantee future results. Please visit www.exchangeright.com for more information.
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Contacts
Media Contact
Lindsey Thompson
Senior Media Relations Officer
lthompson@exchangeright.com