SEC filing record
Primary Source · SEC.gov

ExchangeRight Net-Leased Portfolio 47 Parent DST

2021 vintageRule 506(b)Filing record

Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.

Raised

$39M

Investors

91

Min Invest

$100,000

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What this filing shows

·

Every sentence is a value as filed on SEC Form D

ExchangeRight Net-Leased Portfolio 47 Parent DST is a Delaware business trust that first filed a Form D on June 7, 2021 and most recently amended it on March 8, 2023 in the Commercial industry group. The offering claims Rule 506(b) and covers equity. ExchangeRight Net-Leased Portfolio 47 Parent DST reported $38,850,000 sold from 91 investors of a $38,850,000 total offering as of the Form D filed March 8, 2023. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $100,000. The Form D names Lighthouse Capital Group, LLC (CRD 169135), associated with None; Cabin Securities Inc. (CRD 137608), associated with None; CreativeOne (CRD 152974), associated with None; Coastal Equities, Inc. (CRD 23769), associated with None and 11 others as recipients of sales compensation soliciting in all states. The issuer's address of record is 1055 E. Colorado Blvd., Suite 310, Pasadena, CA 91106.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001864821
Entity NameExchangeRight Net-Leased Portfolio 47 Parent DST
ExemptionRule 506(b)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising.
Entity TypeBusiness Trust
Jurisdiction of OrganizationDelaware
Issuer Address1055 E. Colorado Blvd., Suite 310, Pasadena, CA 91106
Phone(855) 317-4448
Industry / Fund TypeCommercial
Securities TypeEquity
First Sale DateJune 7, 2021
Filing DateMarch 8, 2023
Accession Number0001864821-23-000001
Total Offering Amount$38,850,000
Total Amount Sold$38,850,000
Amount Remaining$0
Total Investors91
Non-Accredited InvestorsNone
Minimum Investment$100,000
Offering DurationOne year or less
Revenue Range$1,000,001 - $5,000,000
State (Issuer Address)CA
Amendment Count2 filings on record

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

In the Terminal

Filing events

0

none on file

Critical / warning

0 / 0

0 watch · 0 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

closed

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Fund family Part of the ExchangeRight Net Leased Portfolio Parent DST family: 2 vehicles across 2 generations · full family and the filing behind each link in the terminal

Investor

  • The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

Pro

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Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

David Fisher

Executive Officer · Pasadena, CA

Joshua Ungerecht

Executive Officer · Pasadena, CA

Warren Thomas

Executive Officer · Pasadena, CA

Placement Agents and Sales Compensation (Form D)

Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.

Lighthouse Capital Group, LLCCRD 169135 on BrokerCheck

Associated broker-dealer: None · Pasadena, CA · Soliciting in all states

Cabin Securities Inc.CRD 137608 on BrokerCheck

Associated broker-dealer: None · OVERLAND PARK, KS · Soliciting in AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY

CreativeOneCRD 152974 on BrokerCheck

Associated broker-dealer: None · Leawood, KS · Soliciting in all states

Coastal Equities, Inc.CRD 23769 on BrokerCheck

Associated broker-dealer: None · Wilmington, DE · Soliciting in all states

Concorde Investment Services, LLCCRD 151604 on BrokerCheck

Associated broker-dealer: None · Livonia, MI · Soliciting in all states

Emerson Equity LLCCRD 130032 on BrokerCheck

Associated broker-dealer: None · San Mateo, CA · Soliciting in all states

Great Point Capital LLCCRD 114203 on BrokerCheck

Associated broker-dealer: None · CHICAGO, IL · Soliciting in AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY

International Assets Advisory, LLCCRD 10645 on BrokerCheck

Associated broker-dealer: None · Orlando, FL · Soliciting in all states

Investment Security CorporationCRD 47536 on BrokerCheck

Associated broker-dealer: None · Salt Lake City, UT · Soliciting in AZ, CA, FL, IL, NM, NV, OR, TX, UT, WY

Kalos Capital, Inc.CRD 44337 on BrokerCheck

Associated broker-dealer: None · Alpharetta, GA · Soliciting in all states

LightPath Capital, Inc.CRD 34617 on BrokerCheck

Associated broker-dealer: None · Los Angeles, CA · Soliciting in AL, AR, AZ, CA, CO, CT, FL, HI, LA, MA, MD, MS, MT, NC, NM, NV, NY, OH, OK, OR, PA, TX, VA, WA

McDermott Investment Services, LLCCRD 154926 on BrokerCheck

Associated broker-dealer: None · Bethlehem, PA · Soliciting in all states

National Securities CorporationCRD 7569 on BrokerCheck

Associated broker-dealer: None · New York, NY · Soliciting in all states

Newbridge Securities CorporationCRD 104065 on BrokerCheck

Associated broker-dealer: None · Boca Raton, FL · Soliciting in AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY

SCF Securities, Inc.CRD 47275 on BrokerCheck

Associated broker-dealer: None · Fresno, CA · Soliciting in all states

Questions About ExchangeRight Net-Leased Portfolio 47 Parent DST

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is ExchangeRight Net-Leased Portfolio 47 Parent DST?

ExchangeRight Net-Leased Portfolio 47 Parent DST is a Delaware business trust that filed a Form D with the SEC on March 8, 2023 in the Commercial industry group. The filing claims Rule 506(b) for an offering of equity.

Is ExchangeRight Net-Leased Portfolio 47 Parent DST legit?

AltStreet does not rate legitimacy; it reports the public record. ExchangeRight Net-Leased Portfolio 47 Parent DST filed a Form D with the SEC on March 8, 2023 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $38,850,000 sold to 91 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is ExchangeRight Net-Leased Portfolio 47 Parent DST registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that ExchangeRight Net-Leased Portfolio 47 Parent DST claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has ExchangeRight Net-Leased Portfolio 47 Parent DST raised?

ExchangeRight Net-Leased Portfolio 47 Parent DST reported $38,850,000 sold from 91 investors of a $38,850,000 total offering as of the Form D filed March 8, 2023.

Who can invest in ExchangeRight Net-Leased Portfolio 47 Parent DST?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $100,000.

What is the minimum investment in ExchangeRight Net-Leased Portfolio 47 Parent DST?

The Form D lists $100,000 as the minimum investment accepted from any outside investor as of March 8, 2023. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling ExchangeRight Net-Leased Portfolio 47 Parent DST and how are they paid?

The Form D names Lighthouse Capital Group, LLC (CRD 169135), associated with None; Cabin Securities Inc. (CRD 137608), associated with None; CreativeOne (CRD 152974), associated with None; Coastal Equities, Inc. (CRD 23769), associated with None and 11 others as recipients of sales compensation soliciting in all states.

Who is behind ExchangeRight Net-Leased Portfolio 47 Parent DST?

The Form D lists 3 related persons: David Fisher, executive officer; Joshua Ungerecht, executive officer; Warren Thomas, executive officer. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is ExchangeRight Net-Leased Portfolio 47 Parent DST located?

The issuer's address on its SEC filings is 1055 E. Colorado Blvd., Suite 310, Pasadena, CA 91106. Its phone number of record is 8553174448. It is organized under the laws of Delaware.

How long is the ExchangeRight Net-Leased Portfolio 47 Parent DST offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 1 amendment is on record for this CIK.

What is ExchangeRight Net-Leased Portfolio 47 Parent DST's revenue?

The Form D reports a revenue range of $1,000,001 - $5,000,000.

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.