Form D · Commercial

ExchangeRight Net-Leased Portfolio 54 DST

Pasadena, CA · CIK 0001908218

Offering snapshot reported Oct 17, 2023 · SEC filing

Reported sold
$91.2M
Offering amount: $91.2M
Investors reported
164
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Feb 22, 2022
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$45.6M$91.2MFeb 22, 2022Mar 28, 2022: $65,500,000.00Oct 17, 2023: $91,150,000.00Oct 17, 2023

Dates 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$65,500,000 → $91,150,000
  • Reported investors45 → 164

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Oct 17, 2023Amendment$91,150,000$25,650,000vs Mar 28, 2022164SEC filing
Mar 28, 2022Amendment$65,500,000No comparison45SEC filing
Feb 22, 2022InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Equity
Exemptions
06b
Duration over one year
No
Business combination
No
Sales commissions
$4.56M (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-434368

Sales compensation recipients

Scroll to see all columns →

RecipientCRDAssociated broker-dealer
Lighthouse Capital Group, LLC169135
Arkadios Capital282710
Aurora Securities46147
Cabin Securities, Inc.137608
Cape Securities Inc.7072
Capital Investment Group, Inc.14752
Concorde Investment Services, LLC151604
Emerson Equity LLC130032
FNEX Capital, LLC166316
Galt Financial Group, Inc.146976
Great Point Capital LLC114203
InterCarolina Financial Services, Inc.19475
Investment Security Corporation47536
Kalos Capital, Inc.44337
Kingswood Capital Partners, LLC288898
Kovack Securities Inc.44848
Lion Street Financial, LLC165828
McDermott Investment Services, LLC154926
National Securities Corporation7569
Newbridge Securities Corporation104065
NPB Financial Group, LLC137743
Patrick Capital Markets, LLC16518
T.R. Winston & Company, LLC10571
WealthForge Securities, LLC152550
Whitehall-Parker Securities, Inc.10608

Source: Form D, filed Oct 17, 2023. 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.

People and organizations reported in Form D filings
NameReported 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