PASADENA, Calif.--(BUSINESS WIRE)--May 19, 2026--
ExchangeRight, one of the nation’s leading providers of diversified real estate REIT and DST investments, has announced the full subscription of Essential Income 6 DST amid continued investor demand for accelerated access to the Essential Income REIT. Essential Income 6 DST is a closed offering and is not accepting new investors.
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The fully subscribed offering is part of the company’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 6 DST is supported by a 20-year master lease guarantee from ExchangeRight’s Essential Income REIT and its Operating Partnership.
The $42.46 million portfolio of net-leased real estate is backed by recession-resilient tenants and provides investors with a current cash flow rate of 5.50%. The portfolio comprises five properties tenanted by CVS Pharmacy, Dollar General, Quest Diagnostics, and Verizon Wireless. The properties total 148,327 square feet of essential retail and healthcare space across five markets in Massachusetts, Oklahoma, Tennessee, and Ohio.
After approximately two years, Essential Income 6 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 41 recession-resilient and primarily investment-grade tenants, as of March 31, 2026. There is no guarantee that Essential Income 6 DST will achieve its exit strategy or investment objectives.
“The full subscription of Essential Income 6 DST reflects the continued momentum behind our REIT fast-track DST series, which is designed to provide investors with an accelerated 721-exchange exit into our Essential Income REIT,” said Joshua Ungerecht, a managing partner at ExchangeRight. “Investors and their advisors continue to recognize the value of our 1031 DST platform, which historically has delivered stable, passive income during the DST hold period, and access to the broader diversification, enhanced liquidity, and estate planning advantages of our $1.5+ billion REIT portfolio.” 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 April 30, 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 necessity-based retail and healthcare industries. Past performance does not guarantee future results. Please visit www.exchangeright.com for more information.
Essential Income 6 DST comprises five properties tenanted by CVS Pharmacy, Dollar General, Quest Diagnostics, and Verizon Wireless.
Yan Diomande came to America as a 15-year-old soccer prospect not speaking any English, with his family half a world away in Ivory Coast.
Over the course of two years in Florida, he sharpened his skills on the field and grappled with unfamiliar U.S. customs and “unhealthy” food.
Less than two years after leaving the U.S., he's heading back as a star in European soccer and one of the most-hyped young players at the World Cup.
“That was this crazy life,” he told reporters last week, shortly before he was named to the Ivory Coast roster. “Everything went fast.”
While most of the world’s top teenage players were at storied club academies in Europe, Diomande was playing for DME Academy in Daytona Beach and taking local club team AS Frenzi to a national title.
He returns as the German league's rookie of the year after he scored 12 goals and assisted nine more this season for Leipzig.
Diomande arrived in Florida from the Ivory Coast aged just 15, without any family members and speaking only French. He's grateful for what he learned in the U.S., but the memories are bittersweet.
“Really far away from your family, from your friends, and from the people you love, and I didn’t speak English before, so it was really difficult for me, but that was a great experience to be there,” he said.
Diomande took the unusual career path via Florida at a time when he was too young under international soccer rules to sign a pro contract outside of his home country.
He said he struggled with “unhealthy” food, the American preference for basketball over soccer and other culture clashes.
“It was a very different culture, because I’m from Africa. There’s a lot of, kind of, respect, the way you speak to people,” he said, adding the U.S. was “not the same thing.”
Moving to the Spanish league in January 2025 with Leganés — where he made his pro debut against Real Madrid — and then to Germany in July gave Diomande a chance to shine against the world's best opponents.
Those multi-million-dollar transfers will also leave a lasting financial legacy for his family and small-town Florida club Frenzi.
When the Ivory Coast steps out at Lincoln Financial Field in Philadelphia for its World Cup opener against Ecuador on June 14, it'll be a world away from Diomande's previous biggest game on U.S. soil.
Back in August 2023, the winger scored both goals in front of a few dozen spectators in Loudoun, Va., as his Frenzi team beat Sporting Wichita to the title in the United Premier Soccer League, a lower-level U.S. developmental competition.
Darting past two players for the opening goal showed Diomande's speed and skill. Scoring the extra-time winner showed his stamina and ability to find space on the field.
Team owner Wayne Dorman remembers Diomande as a player so committed to his teammates that he ended a trial with a Major League Soccer team early so he could return for the championship game.
“After he scored the winning goal in that final, he cried,” Dorman told The Associated Press. “He bent on his knees and he cried in tears. He was so happy with joy. It brought him to another level. He was MVP of the tournament and it was ‘sky’s the limit.'"
Dorman remembers a player who “mesmerized” coaches with his skill at his first tryout, shrugged off rough tackles as word spread and opponents targeted him, and showed the kind of ambition and leadership that, Dorman thinks, would make him fit to be Ivory Coast's president one day.
He was also a kid who put on French-language music in Dorman's car on rides to practice and listened to the Jamaica-born Dorman's reggae in return.
However hard he personally found his time in the U.S., Diomande believes it was worth it.
“For me it was more easy to stay in USA because it’s really difficult in Africa,” he said.
Now, his rapid rise in world soccer means he can change his family's lives too.
“I know you cannot buy happiness with money but this is one part of happiness as well,” he added. “I’ve got money from Leipzig a lot to help my family, to bring my family here, take care of them.”
More could be coming. Diomande has been linked with transfers to some of Europe's biggest teams and admits it gives him extra motivation to show his best game.
Dorman said Frenzi's in line for a small slice of transfer fees as part of FIFA's programs to help teams who develop players in their youth. That would allow Frenzi to set up younger kids' teams and mean “we can sustain as a club for quite a few years,” Dorman said.
Diomande has suggested Chelsea or Real Madrid as future destinations in his career, but first comes the World Cup.
AP World Cup coverage: https://apnews.com/hub/fifa-world-cup
FILE - Leipzig's Yan Diomande, centre, and Bayern's Leon Goretzka challenge for the ball during the Bundesliga soccer match between RB Leipzig and FC Bayern Munich in Leipzig, Germany, on Jan. 17, 2026. (AP Photo/Matthias Schrader, File)
FILE - Ivory Coast's Yan Diomande, left, and Burkina Faso's Issa Kabore challenge during the Africa Cup of Nations best of 16 soccer match between Ivory Coast and Burkina Faso in Marrakech, Morocco, on Jan. 6, 2026. (AP Photo/Themba Hadebe, File)
