Form D · Commercial
ExchangeRight Net Leased Portfolio 25 DST
Pasadena, CA · CIK 0001761750
Offering snapshot reported Jan 17, 2020 · SEC filing
- Reported sold
- $42.8M Offering amount: $42.8M
- Investors reported
- 82 Form D · investor count
- Minimum accepted
- $100K Reported outside-investor minimum
- First sale
- Dec 26, 2018 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
- Reported sold$14,000,000 → $42,790,000
- Reported investors40 → 82
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jan 17, 2020 | Amendment | $42,790,000 | $28,790,000vs Apr 8, 2019 | 82 | SEC filing |
| Apr 8, 2019 | Amendment | $14,000,000 | No comparison | 40 | SEC filing |
| Dec 19, 2018 | Initial | Yet to sell | No comparison | 0 | SEC filing |
Offering details
- Securities
- Equity
- Exemptions
- 06b
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $3M (estimated)
- Finders' fees
- $0
- Form D file number
- 021-328462
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Lighthouse Capital Group, LLC | 169135 | |
| CONCORDE INVESTMENT SERVICES, LLC | 151604 | Frank Dunn · CRD 1075960 |
| B.B. Graham & Co Inc. | 41533 | Ryan Joyce · CRD 2889224 |
| Cape Securities | 7072 | Pete Dorn · CRD 1089858 |
| Capulent | 155155 | Edward E. Fernandez · CRD 2956661 |
| Great Point Capital | 114203 | Alex Steinberg · CRD 6563886 |
| Investment Security Corporation | 47536 | John Butler · CRD 1951436 |
| LightPath Capital, Inc. | 34617 | Leslie Pappas · CRD 1735372 |
| Lion Street Financial, LLC | 165828 | Anthony Harrigan · CRD 1817525 |
| McDermott Investment Service, LLC | 154926 | Garret Morgan · CRD 5522992 |
| National Securities Corporation | 7569 | Richard Schwartz · CRD 2037308 |
| Newbridge Securities Corporation | 104065 | Bill Lapina · CRD 4580411 |
| North Capital Private Securities Corp | 154559 | Brian Sigler · CRD 5697700 |
| orth Capital Private Securities Corp | 154559 | Trevor Sybertz · CRD 6380042 |
| Primex | 29394 | Michael Steinthal · CRD 435071 |
| Sandlapper Securities, LLC | 137906 | David Kangas · CRD 6591398 |
| SCF Securities | 47275 | Josh Dunham · CRD 4701064 |
| The Strategic Financial Alliance, inc. | 126514 | James Gambaccini · CRD 4619759 |
| Wealth Forge Securities, LLC | 152550 | Drew Reynolds · CRD 6646813 |
Source: Form D, filed Jan 17, 2020. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| David Fisher | Executive |
| Warren Thomas | Executive |
| Joshua Ungerecht | Executive |
Issuer details
Industry: Commercial (See others in industry)
Address:
1055 E. Colorado Blvd., Suite 310
Pasadena, CA, 91106
Pasadena, CA, 91106