Top1031

Biscayne Shores

Multifamily property in Miami (North Miami), FL · sponsored by Cantor Fitzgerald

Active offeringLatest Form D filed May 19, 2026 (opens in a new tab)

Biscayne Shores is a DST sponsored by Cantor Fitzgerald that owns a multifamily property in Miami (North Miami), FL (380 units). Its latest Form D, filed May 19, 2026, lists a $112.6 million offering with a $250,000 minimum.

Key facts

Minimum investment
$250,000
From the Form D
Offering size
$112,650,000
Equity offered, per the Form D
Sold so far
None reported as of May 19, 2026
Form D, May 19, 2026
Selling commissions
$5,632,500 · 5.0% of offering
Form D Item 15; the % is our arithmetic
Financing
Leveraged. This offering reports mortgage debt on the property.
How it is financed ↓
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →

Sales so far

Latest Form D
May 19, 2026 · 1 filing

No sales reported in a Form D amendment yet. Latest notice May 19, 2026.

Weighing this offering for your exchange? A licensed 1031 specialist from our affiliated partner can go through these filings with you.

Ask a 1031 specialist about this recordFree. About: Biscayne Shores. Top1031 is not a broker-dealer.
Biscayne Shores image

Biscayne Shores · Miami (North Miami), FL · Photo: apollostore.blob.core.windows.net

City-level mapMiami (North Miami), FL metroMap shows the city, not the exact address.

What does Biscayne Shores own?

Integra Investments completed the roughly eight-acre bayfront community in 2024 and sold it to the Cantor Fitzgerald and RPM Living joint venture announced May 11, 2026. 1 Sponsor offering material describes a 288-unit, 15-story tower paired with 92 townhome villas along Biscayne Bay. 2

Property address
11295 Biscayne Blvd, Miami (North Miami), FL
Property size
380 units

How is it financed, and what did it cost to sell?

A mortgage sits ahead of investor equity: the lender is repaid first, and the loan must be refinanced or retired at maturity. Reporting on the May 2026 purchase named Walker & Dunlop as the provider of a $123.3 million first mortgage, with a Cantor Fitzgerald Income Trust entity as guarantor.

Debt

Financing
Leveraged. This offering reports mortgage debt on the property.

Costs and terms from the Form D

Selling commissions
$5,632,500 · 5.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$16,799,510 · 14.9% of offering
Form D Item 16
· The filing’s note: “Estimate of certain fees & expenses including Managing Broker-Dealer Fee, Marketing & Due Diligence Allowance, Offering & Organizational Expenses, Loan and Lender Expenses, Acquisition Fee & Closing Costs, which may accrue to one or more related persons.”
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Not in the Form D
Minimum investment
$250,000

Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.

What does the SEC record show?

The Trust's SEC record consists of its initial Form D, the short notice an issuer files to claim a private-placement exemption from registration. That exemption bars general advertising, so interests reach only accredited investors: people who meet SEC income or net-worth tests. The filing states a $250,000 minimum investment.

Legal Trust name
CF Biscayne Multifamily DST
SEC CIK
2130883
First Form D
May 19, 2026
Latest Form D
May 19, 2026
Filings on record
1
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount sold
Form D$112,650,000
$0
EDGAR

Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.

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.

Common questions

Is Biscayne Shores an active offering?
Biscayne Shores is an Active offering: its latest Form D was filed May 19, 2026. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
What exactly does an investor own here?
A beneficial interest in CF Biscayne Multifamily DST, a Delaware statutory trust that holds the 380-unit Biscayne Shores apartment and townhome community at 11295 Biscayne Blvd in North Miami, Florida. The trust holds title and carries the mortgage. The interest is passive, with no management rights, and it is offered as replacement property for a 1031 exchange, the tax-deferred swap of one investment property for another. The Form D filed May 19, 2026 states a $250,000 minimum investment.
Who runs the property day to day?
RPM Living, a national apartment operator, is identified as the property's manager on the Biscayne Shores community website. Sponsor offering material summarized by Baker 1031 describes a 20-year net master lease with a wholly owned subsidiary of Cantor Fitzgerald Income Trust Operating Partnership, L.P. as master tenant. That master-lease layer exists because a Delaware statutory trust cannot actively operate a business itself. The offering documents delivered to prospective investors carry the governing terms.
How was the purchase financed?
A $123.3 million first mortgage from Walker & Dunlop funded part of the May 2026 acquisition, with a Cantor Fitzgerald Income Trust entity as guarantor, according to the South Florida Business Journal. Baker 1031's offering listing describes that debt as a Freddie Mac loan with interest-only payments until June 1, 2031 and maturity in June 2033, and puts debt at roughly 52% of total capitalization. Mortgage debt sits ahead of investor equity, so the lender is repaid first.
Was the property leased up around the acquisition?
Sponsor-derived offering information summarized by Baker 1031 reports that the April 27, 2026 rent roll showed 92.4% occupancy. That is a point-in-time property measurement taken around the acquisition, not a Trust-level result, and apartment occupancy moves month to month. A community delivered in 2024 also leases up unevenly, so the as-of date matters as much as the number.
Why do published prices for the property differ?
Two different figures are circulating because the sources measure different things. Multi-Housing News, citing Yardi Matrix, reported that Integra Investments sold Biscayne Shores for $151.4 million. The South Florida Business Journal reported on May 14, 2026 that CF Biscayne Multifamily DST bought the complex for about $151 million with an aggregate transaction value of $206 million. Baker 1031's sponsor-derived material states a $206 million acquisition figure. Asset sale price and total transaction consideration are separate concepts, and the closing documents and offering documents control.
Who developed Biscayne Shores?
Integra Investments developed the community and completed it in 2024, according to sponsor offering material summarized by Baker 1031. It sits on roughly eight acres on Biscayne Bay and pairs a 288-unit, 15-story tower with 92 townhome villas. Integra sold the property to the Cantor Fitzgerald and RPM Living joint venture in the transaction announced May 11, 2026.

In the news

Sources

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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 offering documents before investing.