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ExchangeRight Lifetime Charitable Donations Surpasses $23 Million

January 15, 2020 GMT

PASADENA, Calif.--(BUSINESS WIRE)--Jan 15, 2020--

ExchangeRight, the nation’s second largest sponsor of securitized 1031-exchangeable real estate investments, has announced that, as of the end of 2019, the company and its partners have donated over $23 million to charities committed to:

Since the company’s founding in 2012, the charitable giving generated by ExchangeRight has increased significantly year over year, with its 2019 contributions surpassing the total combined donations from inception through 2018. ExchangeRight and its employees also regularly contribute through a variety of service opportunities including serving meals, refurbishing facilities for the homeless, building homes, and other special projects with Habitat for Humanity, Door of Hope, Sole Hope, Meals from the Heartland, the Hoving Home, and the Union Rescue Mission.

“Our commitment to empower people to be secure, free, and generous drives everything that we do,” said Joshua Ungerecht, a managing member of ExchangeRight. “This extends to the investors, advisors, representatives, broker-dealers, and staff whom we serve, as well as to our communities. We are humbled to have had the privilege to invest over $23 million into these amazing organizations that work to meet some of the deepest needs of a hurting world. We conduct considerable due diligence on an organization prior to funding donations and would highly recommend the organizations listed above to anyone who is interested in supporting these causes.”

About ExchangeRight Real Estate, LLC

ExchangeRight is a privately held firm based in Pasadena, California. Together with its affiliates, it has over $2.4 billion in assets under management. ExchangeRight pursues its mission to empower people to be secure, free, and generous by providing REIT and 1031-exchangeable investment offerings that target secure capital, stable income, and strategic exits. The company strategically acquires and manages long-term, net-leased assets backed by investment-grade corporations that operate successfully in the necessity-based retail and healthcare industries. For more information, visit www.exchangeright.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200115005230/en/

CONTACT: Lindsey Thompson

lthompson@exchangeright.com

(855) 317-4448

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES PHILANTHROPY FUND RAISING FINANCE CONSTRUCTION & PROPERTY REIT

SOURCE: ExchangeRight Real Estate, LLC

Copyright Business Wire 2020.

PUB: 01/15/2020 09:00 AM/DISC: 01/15/2020 09:01 AM

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