ExchangeRight Income Fund: reports Sep 30, 2026 NAV of $27.72

What happened

• On Oct 22, 2026, ExchangeRight Income Fund Trustee, LLC declared the net asset value ("NAV") of the Company as of Sep 30, 2026 to be $993,998,000, or $27.72 per Class I common share, Class A common share, Class S common share, Class D common share and OP Unit. The NAV is based on the midpoint of the range of real estate values as of Sep 30, 2026 as determined by an independent valuation firm, plus cash and other assets, less liabilities. The Trustee is ultimately responsible for determining NAV.

Key details

• NAV components include investments in real estate $1,873,150,000; RSLCA notes receivable from affiliates $25,619,000; notes receivable from affiliates $21,400,000; restricted cash $17,569,000; cash and cash equivalents $13,852,000; mortgage loans payable ($654,869,000); term loan ($291,513,000); and other liabilities. Total NAV $993,998,000.
• Total outstanding Common Shares/OP Units 35,857,516; NAV per share/unit $27.72.
• Private offering updates: the Company is conducting a continuous private placement of up to $2,165,000,000 of Common Shares; purchase prices were updated to equal the Sep 30, 2026 NAV per Common Share plus any applicable upfront selling commissions and expenses. As of Sep 30, 2026, the Company had issued 19,995,153 Common Shares in the Private Offering and raised $547,791,000, with up to $1,392,000,000 of Common Shares available for future issuance.
• Dividends and DRIP: on Sep 30, 2026 the Company declared dividends of $0.1449 per share for each class, payable Oct 15, 2026 in cash or reinvested through the dividend reinvestment and direct share purchase plan ("DRIP"). Holders elected to reinvest 9.1% of the aggregate declared dividends; 513,304 Common Shares were issued under the DRIP totaling $13,878,000.

Why it may matter

• Item reported: Item 8.01 Other events. The filing covers the Company’s Sep 30, 2026 NAV declaration, the updated purchase prices and status of its ongoing private offering, the Sep 30, 2026 dividend declaration and DRIP activity. This filing does not show why the insider traded or why the company acted.