PASADENA, Calif.--(BUSINESS WIRE)--Aug 19, 2026--
ExchangeRight has announced the full subscription of Net-Leased All-Cash 19 DST, a $26.95 million debt-free offering that provides 1031 exchange and cash investors access to net-leased real estate backed by historically recession-resilient tenants in necessity-based industries. The offering is designed to provide investors stable monthly distributions, with a current annualized rate of 5.15% that is covered entirely by in-place lease revenue. Net-Leased All-Cash 19 DST is a closed offering and is not accepting new investors.
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The unleveraged portfolio consists of three net-leased properties tenanted by Fred Meyer, Hobby Lobby, and Verizon, with an initial weighted-average lease term of 10.7 years. The properties total 122,149 square feet and are located across Washington, Alabama, and Illinois. Net-Leased All-Cash 19 DST is backed by a 20-year master lease guaranteed by the Essential Income REIT, a $1.7+ billion diversified portfolio of net lease industrial, necessity retail, and healthcare properties backed primarily by recession-resilient and investment-grade credit tenants.
At exit, the offering is structured to provide investors with a tax-deferred cash-out financing option, along with the potential to complete a 1031 exchange, a 721 exchange into the Essential Income REIT, cash out, or any combination of these options. Pending successful future financing, the company intends to offer investors a tax-deferred lump sum payment targeting 20% of their initial investment through a cash-out financing, together with a tax-deferred 721 exchange of the approximately 80% non-financed equity into the Essential Income REIT. There is no guarantee that Net-Leased All-Cash 19 DST’s objectives, including its exit strategies, will be achieved.
“All-Cash 19 DST reflects continued investor demand for debt-free access to necessity-based real estate that has historically remained resilient through economic downturns,” said Joshua Ungerecht, managing partner at ExchangeRight. “The offering’s 20-year master lease from the Essential Income REIT's Operating Partnership provides investors an added layer of income security that complements the stability of the portfolio’s net-leased real estate and the strength of its tenants.”
The past performance of ExchangeRight and its previous offerings does not guarantee future performance.
About ExchangeRight
ExchangeRight and its affiliates' vertically integrated platform features more than $7.7 billion in assets under management that are diversified across over 1,400 properties and 30 million square feet throughout 47 states, as of July 31, 2026. ExchangeRight pursues its passion to empower people to be secure, free, and generous through 1031 DST portfolios, Essential Income REIT, and cash management funds, 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 industrial, necessity retail, and healthcare industries. Past performance does not guarantee future results. Please visit www.exchangeright.com for more information.
The unleveraged portfolio consists of three net-leased properties tenanted by Fred Meyer, Hobby Lobby, and Verizon, with an initial weighted-average lease term of 10.7 years. Net-Leased All-Cash 19 DST is backed by a 20-year master lease guaranteed by the Essential Income REIT, a $1.7+ billion diversified portfolio of net lease industrial, necessity retail, and healthcare properties backed primarily by recession-resilient and investment-grade credit tenants.
JERUSALEM (AP) — Deadly airstrikes in Gaza on Wednesday cast more doubt on whether new U.S. efforts can advance a tenuous ceasefire in the Palestinian territory.
Just two days after U.S. negotiators reportedly asked Israel to draw down attacks in the Gaza Strip, at least 10 people were killed Wednesday in two strikes, according to local hospitals and the Palestinian Red Crescent. Israeli troops also crossed the ceasefire line in southern Gaza and detained a Hamas police colonel at dawn Wednesday, two witnesses and a Hamas official said.
Israel's military said one of the strikes on Wednesday, in Nuseirat, struck a Hamas commander who had participated in the Hamas-led attack in southern Israel on Oct. 7, 2023, in which 1,200 people, mostly civilians, were killed and 251 abducted. A second strike in the Tuffah area of Gaza City struck another Hamas commander planning to carry out attacks against Israeli troops, the military said.
The Palestinian Red Crescent said Wednesday's strike on a police station in Gaza City killed at least nine people and wounded 15 others. One person was killed in Nuseirat. On Tuesday evening, an Israeli strike on a busy seaside cafe killed seven Palestinians, including a child, according to Gaza's Health Ministry.
Israel's military said Tuesday's strike targeted a meeting of four Hamas commanders and additional militants, including one who participated in the 2023 attack. The military didn't provide the names of the targeted commanders or confirm if they’d been killed.
Jared Kushner, a U.S. negotiator and President Donald Trump's son-in-law, held a marathon meeting with Israeli Prime Minister Benjamin Netanyahu on Monday, in which he asked Israel's leader to draw down attacks on Gaza, a person familiar with the meeting said. The person spoke on condition of anonymity because they weren't authorized to brief journalists.
Also on Wednesday, Israel's military said it had completed reviews of 150 incidents of troop conduct during the war in Gaza and would launch criminal investigations into the killings of a 5-year-old girl and her family, as well as of 15 Palestinian paramedics.
The deadly strikes in Gaza on Tuesday and Wednesday exacted more casualties even as a ceasefire that’s been in place since October has significantly diminished the fighting in the tiny enclave where more than 2 million Palestinians live. Since the ceasefire, Israeli strikes have killed at least 1,273 people, according to health officials in Gaza.
The nearly three-year Israel-Hamas war has killed more than 73,400 Palestinians, according to Gaza's Health Ministry. The ministry, which was part of the recently dissolved Hamas-run government, maintains detailed records viewed as generally reliable by U.N. agencies and international organizations. It doesn't distinguish between civilians and militants, but says women and children make up around half of the toll.
In the early hours of Wednesday, at least 15 Israeli troops entered the Muwasi coastal area, west of the city of Khan Younis, two residents and a Hamas official said.
Accompanied by armed men, the troops stormed the tent of Sabri Abdel-All, a colonel for the Hamas-led Blue Police in Khan Younis. They also detained another resident identified as Nashat Ezzat Zaarab, they said.
The two residents and the Hamas official spoke on condition of anonymity for their safety.
On the diplomatic front, the ceasefire also appears stalled. Trump's initial ceasefire plan laid out a broad vision for ending Hamas’ rule in Gaza and rebuilding the territory, much of which was reduced to rubble during the war.
But since last fall, major sticking points have emerged on the conditions of Hamas' disarmament and Israel's withdrawal — and which should come first.
Earlier this month, Trump announced that Hamas had agreed to disarm. But Hamas said it would begin to disarm if Israel halts strikes and withdraws, adding that laying down its heavy weapons would come later and be contingent on the creation of a Palestinian state — something Israel’s government rejects.
Netanyahu also pushed back on the deal, saying Israel won't withdraw from its current lines in Gaza until Hamas has completely disarmed.
After Wednesday's strikes, Hamas spokesperson Hazem Qassem lashed out at the Board of Peace — the body Trump established to oversee the ceasefire — saying it has provided a "cover” for Israel to escalate its attacks in Gaza instead of pressuring it to abide by the ceasefire agreement.
Associated Press journalists Julia Frankel and Giovanna Dell'Orto in Jerusalem; Sam Mednick in Tel Aviv, Israel; Wafaa Shurafa in Deir al-Balah, Gaza Strip; and Samy Magdy in Cairo contributed.
Palestinians inspect the damage at a police station that was hit by an Israeli airstrike in Gaza City, Wednesday, Aug. 19, 2026. (AP Photo/Jehad Alshrafi)
Palestinians inspect the damage at a police station that was hit by an Israeli airstrike in Gaza City, Wednesday, Aug. 19, 2026. (AP Photo/Jehad Alshrafi)
Mourners attend the funeral of Palestinians who were killed in an Israeli army strike on a cafe at the Gaza port the previous day, at Shifa Hospital in Gaza City, Wednesday, Aug. 19, 2026. (AP Photo/Jehad Alshrafi)
Mourners attend the funeral of Palestinians who were killed in an Israeli army strike on a cafe at the Gaza port the previous day, at Shifa Hospital in Gaza City, Wednesday, Aug. 19, 2026. (AP Photo/Jehad Alshrafi)
