2116 Chestnut
Multifamily property in Philadelphia, Pennsylvania — sponsored by Cantor Fitzgerald
Files with the SEC as CF Chestnut Street Multifamily DST
Minimum investment
$100k
Offering size
$82.3M
How much has sold
100.0%
Asset type
Multifamily property
Location
Philadelphia, Pennsylvania
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
2116 Chestnut combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (3)Hide sources (3)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Property address
- 2116 Chestnut Street, Philadelphia, Pennsylvania
- Property size
- 321 units; 386,000 sf
How did it end?
No sale or other ending on record
No evidence of sale, UPREIT conversion, or foreclosure; the June 2025 $138M transaction was the DST ACQUIRING 2116 Chestnut from CBRE Investments, not a disposition, and the property remains actively operated by Harbor Group Management with an amended Form D filed February 13, 2026.
2116 Chestnut is a 34-story, 321-unit luxury high-rise (386,000 SF) in Center City Philadelphia, acquired in June 2025 for $138M (~$431K/unit) by CF Chestnut Street Multifamily DST, affiliated with Cantor Fitzgerald Investors (sponsor) and Harbor Group International (operating partner). Sponsor Cantor Fitzgerald Investors runs the 1031/DST program at Cantor Asset Management.
321 units; 386,000 sfSupporting evidence
Who's behind it?
- Sponsor
- Cantor Fitzgerald
- Legal Trust name
- CF Chestnut Street Multifamily DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 5 active / 22 total offerings from Cantor Fitzgerald
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 2
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to 2116 Chestnut?
Top1031 lists 2116 Chestnut as historical. It is no longer raising money.
Where does Top1031 get the data for 2116 Chestnut?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7High-End Apartment Tower Near Rittenhouse Square Acquired for $138MLocal-news write-up confirming Cantor Fitzgerald and Harbor Group International acquired 2116 Chestnut for $138 million. 34-story Center City apartment tower sells for $138MCBRE Investments sold the 321-unit, 34-story luxury apartment building at 2116 Chestnut St. in Philadelphia for $138 million to CF Chestnut Street Multifamily DST, an entity affiliated with Cantor Fitzgerald and Harbor Group International. 2116 Chestnut Street, Philadelphia multifamily saleDeal tracker confirming Cantor Fitzgerald / Harbor Group International acquired 2116 Chestnut Street (321 units, 34-story high-rise) for $138,000,000. 2116 Chestnut Street (project portfolio)Architectural project description for 2116 Chestnut as a 34-story, 386,000 SF luxury multifamily rental tower developed for young professionals in Philadelphia.