Cantor Fitzgerald Income Trust (CFTR-PA) is a non-traded real estate investment trust that acquires and manages a diversified portfolio of income-producing real estate and real estate-related assets. The company raises capital through continuous public offerings of common stock shares across multiple share classes, including Class AX, TX, IX, T, D, S, and OP Units, and deploys that capital into direct property ownership, Delaware Statutory Trust interests, and real estate-related investments. As of December 31, 2025, the portfolio included net lease properties, a mobile home community, a data center investment via a $10 million commitment to Digital Bridge AI Infrastructure A LP, and interests in multiple DST structures. Total gross assets at fair value were approximately $1.16 billion as of December 31, 2025, with a reported Net Asset Value of approximately $284.4 million and 14,149,115 shares and OP units outstanding. Total distributions paid or reinvested in FY2025 were $17.9 million. The company is externally managed and affiliated with Cantor Fitzgerald.

Revenue model

The company generates revenue primarily from rental income on owned net lease and other commercial properties. It also holds investments in DST structures and a data center infrastructure fund. Distributions to shareholders are funded from operating cash flows, with $17.9 million in total distributions in FY2025 ($12.1 million paid in cash, $5.0 million reinvested in shares). Capital is raised through ongoing public stock offerings; the Third Offering targets up to $1.25 billion in shares.

Products and services

Direct real estate investments including net lease properties (Walgreens Grand Rapids single-tenant property, CF Net Lease Portfolio IV DST interests), a mobile home community (WAG MH, acquired January 1, 2025), the Palms DST, Pearland DST, WAG Portfolio DST, Mount Comfort Land, a Daimler Trucks North America office building, and a $10 million commitment to the Digital Bridge AI Infrastructure A LP data center fund.

Customers and end markets

Tenants in net lease commercial properties including single-tenant retail and office occupants. The filing references Walgreens as a specific tenant (Grand Rapids, MI property, 14,552 sq ft, 11.6-year remaining lease term as of filing). The company targets individual retail investors as capital sources through its non-traded REIT share offerings.

Value-chain role

Non-traded REIT sponsor and asset owner. Raises equity capital from retail investors via continuous public offerings, acquires and holds real estate assets directly or through DST structures, and distributes income to shareholders. Externally managed by an affiliate of Cantor Fitzgerald.

Geographic exposure

United States. Specific properties identified in the filing include Grand Rapids MI, and various locations across the CF Net Lease Portfolio IV DST. The WAG MH and other DST properties are described as located in various U.S. markets.

Source: SEC 10-K, filed 2026-03-24

Industry: Real Estate Investment Trusts