Cantor Fitzgerald Income Trust, Inc. (NYSE: CFTR-PA)

Cantor Fitzgerald Income Trust, Inc. is a Maryland corporation that has elected and qualified to be taxed as a real estate investment trust for United States federal income tax purposes beginning with the taxable year ending December 31 2017. The company was incorporated on February 2 2016 under the name Rodin Global Access Property Trust Inc. It changed its name to Rodin Global Property Trust Inc on September 12 2016 and to its current name on July 30 2020. The firm is externally managed by an advisor that is a wholly owned subsidiary of its sponsor CFI. It conducts its operations through the Cantor Fitzgerald Income Trust Operating Partnership LP where it serves as the sole general partner and a limited partner while CFI’s wholly owned subsidiary Cantor Fitzgerald Income Trust OP Holdings LLC holds the special unit. The company raises capital through a continuous public offering of common stock and has completed three successive offerings each allowing up to 1 25 billion dollars of shares consisting of up to 1 0 billion in the primary offering and up to 250 million in the distribution reinvestment plan. As of December 31 2025 its net asset value was 20 10 dollars per Class AX share Class IX share Class I share and Class D share 20 09 dollars per Class TX share Class T share and Class S share and similar values for the corresponding operating partnership units. The company intends to invest at least 80 percent of its assets in properties and real estate related debt and up to 20 percent in real estate related securities. It has no employees and depends on the advisor for all day to day functions including investment origination financing property management leasing construction oversight and disposition services.

The company generates revenue from the collection of rent on its owned properties and from interest on its debt investments. As of the end of 2025 it held a retail property in Grand Rapids Michigan an office property in Fort Mill South Carolina another office property in Columbus Ohio a flex industrial property in Lewisville Texas and an industrial dry/cold storage facility in Columbus Ohio. It also owned a controlling interest in a Delaware Statutory Trust that holds seven net lease properties a majority interest in a joint venture that owns an office building in San Francisco California and interests in several other Delaware Statutory Trusts that hold multifamily residential assets in Irving Texas Carrolton Texas Landover Maryland Kingwood Texas Columbus Ohio Lenexa Kansas Houston Texas Pearland Texas and other locations. Additionally the firm owned interests in Delaware Statutory Trusts that hold a life sciences laboratory in Valencia California an office tower in Nutley New Jersey and a portfolio of eight properties linked to a drugstore chain. The company also held a commitment to invest in a fund that finances data center businesses across the United States Canada and EMEA and had funded approximately eight million dollars of that commitment by the end of 2025. Revenue from property leases comes from tenants occupying office retail industrial and flex spaces while revenue from debt investments consists of interest payments on loans and securities that are secured by commercial real estate.

Cantor Fitzgerald Income Trust, Inc. faces competition from a variety of sources when seeking to acquire income producing real estate and related debt. Competitors include other publicly traded REITs private equity real estate funds pension funds insurance companies investment firms and private developers. In addition the company must contend with programs sponsored by its advisor and its affiliates such as CFI and its related entities that may pursue similar investment opportunities. Many of these competitors have access to larger pools of capital which can allow them to bid more aggressively for assets. The company’s ability to compete relies on the expertise of its advisor’s investment professionals who source deals and negotiate terms. The competitive landscape is also influenced by broader macroeconomic factors such as interest rate levels economic growth and the overall demand for office retail industrial and multifamily space.

The company’s tenants consist of businesses that occupy its office retail and industrial buildings and individuals and families that live in its multifamily properties. Office tenants include professional service firms corporate users and other companies that need workspace. Retail occupants range from national merchants to local shops that rely on foot traffic. Industrial tenants are typically logistics distribution and manufacturing firms that require warehouse or flex space. Multifamily residents are primarily renters seeking housing in suburban and urban markets across the United States. In addition the firm works with joint venture partners and other co investors who hold equity interests in specific properties and participate in decision making for those assets. The varied tenant mix helps to smooth cash flow because different sectors respond differently to economic cycles.