IPO - Cantor Fitzgerald Income Trust, Inc.
Form Type: POS AM
Filing Date: 2025-02-07
Corporate Action: Ipo
Type: Update
Accession Number: 000119312525021913
Filing Summary: Cantor Fitzgerald Income Trust, Inc. is filing a Post-Effective Amendment to its previously filed Registration Statement to register up to $1,250,000,000 in shares of common stock, marking its third public offering. The trust, which has elected to be taxed as a Real Estate Investment Trust (REIT), aims to utilize the proceeds from this offering to acquire a diversified portfolio of income-producing commercial and multifamily properties and other real estate-related assets. Approximately $1,000,000,000 will be allocated to the primary offering, with an additional $250,000,000 available through a distribution reinvestment plan. The offering includes four classes of shares (Class T, Class S, Class D, and Class I), each with distinct selling commissions and fees. The amendment suggests an ongoing capital-raising effort with no specific properties identified yet, implying a blind pool investment strategy. The structure of the investment involves high risks, including potential conflicts of interest due to the management team's affiliations with other Cantor companies. There are stipulations for eligibility based on investor's financial capacity, reiterating a long-term investment approach without liquidity guarantees.
Document Link: View Document
Additional details:
Registration Statement Number: 333-273828
Maximum Offering Amount: $1,250,000,000
Initial Public Offering Date: 2017-03-23
Total Raised As Of: 2023-08-08
Amount: $461 million
Minimum Investment Class T S D: $2,500
Minimum Investment Class I: $1,000,000
Share Classes: Class T, Class S, Class D, Class I
Transaction Price Classes: Class T: $21.41, Class S: $21.41, Class D: $20.70, Class I: $20.70
Maximum Distribution Reinvestment Plan: $250,000,000
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