ExchangeRight Income Fund Files 8-K for New Agreement

TL;DR

EXR files 8-K for new deal, financial obligation - details to follow.

AI Summary

On October 3, 2025, ExchangeRight Income Fund entered into a material definitive agreement and incurred a direct financial obligation. The filing is a Form 8-K, indicating a significant event for the company. Specific details of the agreement and obligation are not provided in this excerpt.

Why It Matters

This 8-K filing signals a material event for ExchangeRight Income Fund, potentially impacting its financial obligations and strategic direction.

Risk Assessment

Risk Level: medium — The filing of an 8-K for a material definitive agreement and financial obligation indicates significant corporate activity that could carry financial risks.

Key Numbers

• 20251003 — Report Date (Date of the earliest event reported)

Key Players & Entities

• ExchangeRight Income Fund (company) — Registrant
• 0001771514 (company) — Central Index Key
• 367729360 (company) — EIN
• 000-56543 (company) — SEC File Number

FAQ

Key Financial Figures

• $35,000,000 — l revolving commitment in the amount of $35,000,000 under the Credit Agreement (the "Credit
• $150,000,000 — lving credit facility from a maximum of $150,000,000 to a maximum of $185,000,000. The incre
• $185,000,000 — maximum of $150,000,000 to a maximum of $185,000,000. The incremental revolving commitment m

Filing Documents

• er-20251003.htm (8-K) — 73KB
• er-ex10_1.htm (EX-10.1) — 97KB
• er-ex10_5.htm (EX-10.5) — 17KB
• 0001193125-25-229897.txt ( ) — 317KB
• er-20251003.xsd (EX-101.SCH) — 26KB
• er-20251003_htm.xml (XML) — 5KB

01 Entry Into a Material Definitive Agreement

Item 1.01 Entry Into a Material Definitive Agreement. On October 3, 2025, ExchangeRight Income Fund Operating Partnership, LP, as borrower (the "Borrower"), ExchangeRight Income Fund, doing business as ExchangeRight Essential Income REIT (the "Company"), and the other loan parties party thereto, entered into the Fourth Incremental Revolving Commitment Assumption Agreement (the "Fourth Incremental Commitment Agreement") with Wells Fargo Bank, National Association, as administrative agent ("Wells Fargo" or the "Administrative Agent"), and Synovus Bank., as an additional lender (the "Additional Lender"), pursuant to which the Additional Lender committed to make an incremental revolving commitment in the amount of $35,000,000 under the Credit Agreement (the "Credit Agreement") dated as of May 30, 2024 between the Borrower, the Company, the Administrative Agent and the lenders from time to time party thereto. The $35,000,000 revolving commitment by the Additional Lender is subject to the terms and conditions of the Fourth Incremental Commitment Agreement and was made in accordance with a request by the Borrower for an increase in the revolving commitments under the Credit Agreement pursuant to Section 2.17 thereof. The additional commitment increases the borrowing capacity under the Credit Agreement's revolving credit facility from a maximum of $150,000,000 to a maximum of $185,000,000. The incremental revolving commitment made by the Additional Lender is governed by the terms of the Credit Agreement. No other amendments to the Credit Agreement were made pursuant to the Fourth Incremental Commitment Agreement. In connection with the Fourth Incremental Commitment Agreement, the Borrower executed a Revolving Note payable to the order of the Additional Lender with an original principal amount of up to $35,000,000 (the "Revolving Note"). The foregoing descriptions of the Fourth Incremental Commitment Agreement and Revolving Note are summaries and qualified in their ent

Forward-Looking Statements

Forward-Looking Statements Certain statements contained in this Current Report on Form 8-K other than historical facts may be considered "forward-looking statements," and, as such, may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. For these statements, the Company claims the protections of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "may", "will", "should", "estimates", "projects", "anticipates", "believes", "expects", "intends", "future" and words of similar import, or the negative thereof. Forward-looking statements in this report include information about possible or assumed future events, including, among other things, discussion and analysis of our future financial condition, results of operations, our strategic plans and objectives, and other matters. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this report. Any such forward-looking statements are subject to unknown risks, uncertainties and other factors, which in some cases are beyond the Company's control and are based on a number of assumptions involving judgments with respect to, among other things, future economic, competitive and market conditions, all of which are difficult or impossible to predict accurately. To the extent that our assumptions differ from actual results, our ability to meet such forward-looking statements, including our ability to generate positive cash flow from operations, provide distributions to shareholders and maintain the v

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Fourth Incremental Revolving Commitment Assumption Agreement to Credit Agreement dated October 3, 2025 by and among ExchangeRight Income Fund Operating Partnership, LP, ExchangeRight Income Fund, d/b/a ExchangeRight Essential Income REIT, the other Loan Parties named therein, Wells Fargo Bank, National Association, as Administrative Agent, and the Additional Lender named therein. 10.2 Third Incremental Revolving Commitment Assumption Agreement and First Amendment to Credit Agreement dated July 7, 2025 by and among ExchangeRight Income Fund Operating Partnership, LP, ExchangeRight Income Fund, d/b/a ExchangeRight Essential Income REIT, the other Loan Parties named therein, Wells Fargo Bank, National Association, as Administrative Agent, and the Additional Lender named therein. (incorporated herein by reference to Exhibit 10.1 to Form 8-K (No. 000-56543), filed by the Company on July 10, 2025). 10.3 Second Incremental Revolving Commitment Assumption Agreement and First Amendment to Credit Agreement dated April 30, 2025 by and among ExchangeRight Income Fund Operating Partnership, LP, ExchangeRight Income Fund, d/b/a ExchangeRight Essential Income REIT, the other Loan Parties named therein, Wells Fargo Bank, National Association, as Administrative Agent, and the Increasing Lender named therein (incorporated herein by reference to Exhibit 10.1 to Form 8-K (No. 000-56543), filed by the Company on May 1, 2025). 10.4 Incremental Revolving Commitment Assumption Agreement dated July 23, 2024 by and among ExchangeRight Income Fund Operating Partnership, LP, ExchangeRight Income Fund, d/b/a ExchangeRight Essential Income REIT, the other Loan Parties named therein, Wells Fargo Bank, National Association, as Administrative Agent, and the Increasing Lender named therein (incorporated herein by reference to Exhibit 10.1 to Form 8-K (No. 000-56543), filed by the Company on

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EXCHANGERIGHT INCOME FUND By: ExchangeRight Income Fund Trustee, LLC, its trustee By: ExchangeRight Real Estate, LLC, its manager Date: October 3, 2025 By: /s/ David Fisher David Fisher Executive Managing Principal 4

View Full Filing

View this 8-K filing on SEC EDGAR