Cantor Fitzgerald
With over 12,500 employees, Cantor Fitzgerald is a leading global financial services and real estate investment firm at the forefront of financial and technological innovation and has been a proven and resilient leader for over 75 years. Cantor Fitzgerald & Co. is a preeminent investment bank serving more than 7,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, prime brokerage, commercial real estate, and infrastructure.
Performance Fact
Cantor Fitzgerald Income Trust, Inc., had an annualized total return inception through February 28, 2023, of 11.00% for its Class I shares, using the REIT’s NAVs as of July 31, 2020, to February 28, 2023.
The total return to Class I shareholders in Cantor Fitzgerald Income Trust, Inc. in 2023 YTD through March 2023, was -2.53%, based upon distributions and decreases in the Class I estimated net asset value per share. From December 31, 2021, through March 31, 2023, the estimated net asset value per share increased from $25.70 to $25.75, or 0.2%.
Operational Fact
As of March 31, 2023, the industry concentration of the Cantor Fitzgerald Income Trust portfolio of real estate assets, based on each asset’s fair value, was as follows:
– Multifamily – 34.2%
– Single Tenant Office – 33.4%
– Single Tenant Industrial – 29.0%
– Single Tenant Life Sciences – 1.7%
– Single Tenant Necessity Retail – 1.6%
As of March 31, 2023, the weighted average occupancy of the REIT’s portfolio of real estate assets, based on each asset’s fair value, was 96.3%. As of March 31, 2023, the weighted average lease term remaining of the REIT’s portfolio of real estate assets (excluding multifamily, mezzanine and preferred equity investments), based on each asset’s fair value, was 7.9 years
Capital Raise Fact
As of April 18, 2023, aggregate issuance pursuant to the Cantor Fitzgerald Income Trust Offering consisted of (i) 10,561,386 shares of common stock in the primary offering for total proceeds of $271.7 million and (ii) 158,566 shares of common stock pursuant to the distribution reinvestment plan for a total value of $4.2 million. As of March 31, 2023, the REIT’s aggregate NAV was $407.5 million. In the month ended March 31, 2023, the REIT repurchased 92,115 shares of common stock pursuant to the share repurchase program for aggregate consideration of $2.4 million.
Founded
1945
Founders
Bernie Cantor
John Fitzgerald
Management Team
Howard W. Lutnick
Chairman & Chief Executive Officer
Steven Bisgay
Executive Managing Director
Mark Kaplan
Chief Operating Officer
Bill Ferri
Global Head of Asset Management
Jay Frank
President (Cantor Fitzgerald Capital)
Chris Milner
Head of Real Estate Investment Management
Laurie Levassar
SVP, National Accounts (Cantor Fitzgerald Capital)
Contact Information
Cantor Fitzgerald
110 East 59th Street
New York, NY 10022-0000
Phone Number
1-855-9-CANTOR
Sponsored Offerings
NONTRADED REITS
Cantor Fitzgerald Income Trust, Inc.
Rodin Income Trust, Inc.
PRIVATE OFFERINGS
Information about Private Offerings is available in the Blue Vault Database (for financial professionals only).
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