CF Fleetwood Multifamily DST
Multifamily (per Form D industry group: Residential) property in Mount Vernon, NY — sponsored by Cantor Fitzgerald
Form D 6/16/26 (trust formed 2026); no public property-level data found yet
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What is this, in one paragraph?
CF Fleetwood Multifamily DST is a Delaware statutory trust — fractional, passive co-ownership that can serve as 1031 replacement property — sponsored by Cantor Fitzgerald and sold only to accredited investors, buyers meeting SEC income or net-worth tests.1 Sponsor-side material identifies the asset as 42 Broad, a 249-unit apartment community in Mount Vernon, New York.2 Its first Form D was filed June 16, 2026, and it is raising.
Sponsor-reported, from SEC filings and cited 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?
Sponsor-side material identifies the asset as 42 Broad, a 249-unit apartment community in Mount Vernon's Fleetwood section: a 16-story high-rise built in 2023 on 1.37 acres, with ground-floor retail and a 580-space garage.2 Independent trade reporting credits Alexander Development Group, The Bluestone Organization and J.P. Morgan Global Alternatives with completing the building in July 2023, without naming this Trust.3 No located public filing states when or at what price the Trust acquired it.
- Reported location
- Mount Vernon, NY
Who is the tenant, and what's the lease?
There is no single corporate tenant here; income comes from hundreds of apartment leases. Sponsor-side material describes a lease to a sponsor-affiliated master tenant — standard in a DST, because the trustee cannot actively operate real estate — with day-to-day management by Aker's Alta Collective PM, subcontracted to Rose Property Management Group.2
How are sales going?
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
Raise history appears here once sales are filed — free account required.
How is it financed, and what does it pay?
Sponsor-side material describes a leveraged Trust: a Freddie Mac first mortgage sits on the property alongside the equity raise, fixed-rate and interest-only across a ten-year term maturing July 1, 2036.2 Because that debt travels with the beneficial interests, an investor's share of it counts toward replacing debt carried on the relinquished property.
Who's behind it?
The Form D names Cantor Fitzgerald Investors, LLC as sponsor.1 Sponsor material describes the Trust as a joint venture between Cantor Fitzgerald Investors and Aker Holdings LLC, held through CFAK Fleetwood, LLC.2 AltsWire reported on February 18, 2026 that Cantor Fitzgerald Income Trust took in multifamily DST interests in a $75 million UPREIT transaction — DST interests swapped for REIT operating-partnership units — without naming this Trust.
- Sponsor
- Cantor Fitzgerald
- 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?
No amendment has followed the initial notice, so the operative terms — loan documents, master lease, fee schedule — live in the private placement memorandum (PPM), the offering's governing disclosure document. The exemption claimed permits sales to accredited investors, buyers meeting SEC income or net-worth tests, without general advertising or public solicitation.
- Form D filedFirst and latest filing on record.
- Legal Trust name
- CF Fleetwood Multifamily DST
- Filings on record
- 1
- 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
Is CF Fleetwood Multifamily DST still raising money?
The sponsor’s SEC filings show the offering raising money within the past 15 months. A filing does not by itself confirm you can still buy in.
Where does Top1031 get the data for CF Fleetwood Multifamily DST?
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.
What property is behind CF Fleetwood Multifamily DST?
The Form D describes the issuer's business only as residential real estate and names no property or address. Sponsor-side offering material identifies the asset as 42 Broad, a 249-unit apartment community in the Fleetwood neighborhood of Mount Vernon, New York, and describes a 16-story building completed in 2023 on 1.37 acres with roughly 204,389 net rentable residential square feet, about 11,650 square feet of ground-floor retail and a 580-space parking garage. Independent trade reporting says a 249-unit building at 42 West Broad Street in Mount Vernon was completed in July 2023 by Alexander Development Group, The Bluestone Organization and J.P. Morgan Global Alternatives, but that reporting does not name this Trust. No located public filing gives the Trust's acquisition date, seller or purchase price, so the PPM is the place to confirm them.
Who is the tenant, and who runs the building day to day?
There is no single corporate tenant; income comes from individual apartment leases. Sponsor-side offering material says the property is leased to a sponsor-affiliated master tenant, with day-to-day management by Aker's Alta Collective PM, subcontracted to Rose Property Management Group. Because a DST trustee cannot actively operate real estate, a master lease is the standard mechanism for leasing and operations. That material does not give the master tenant's legal entity name or the lease's dates and terms, so the PPM should spell those out.
How full is the building?
Sponsor-side offering material reports the community was 93.2% occupied at an average monthly rent of $3,351 as of May 25, 2026, and that recent lease trade-outs averaged 5.1% above the prior leases. Those are sponsor-reported operating figures published on a third-party offering page rather than SEC-filed facts, and they describe a single date. A current rent roll and trailing operating statements are the documents that would confirm them.
Does the Trust use debt, and who is the lender?
Yes, according to sponsor-side offering material, which describes a $75,949,000 Freddie Mac loan carrying a fixed 5.09% interest rate, interest-only for a ten-year term and maturing July 1, 2036, inside a stated total offering price of $150,849,000. Those figures are sponsor-reported rather than SEC-filed, and the Form D itself says nothing about financing. The loan summary in the PPM — prepayment and assumption rights, guaranty and reserve provisions — is where the terms are governed.
Is the Trust still open to investors?
It is raising. Cantor Fitzgerald filed the Trust's first Form D on June 16, 2026, and as of the September 13, 2026 review the SEC record for this CIK showed that single filing — no amendment and no closing notice. A third-party offering page still listed the Trust as available on July 31, 2026. A Form D is a snapshot of the day it was filed, so current availability has to be confirmed with the sponsor or the selling broker-dealer.
Is there a 721/UPREIT exit built into this Trust?
Nothing in the located public record describes one, and the Trust is not flagged as convertible to a REIT. A 721 or UPREIT exit is where DST interests are contributed to a REIT's operating partnership in exchange for OP units instead of the property being sold for cash. AltsWire reported on February 18, 2026 that Cantor Fitzgerald Income Trust completed such a transaction involving other multifamily DST interests, but that report does not name CF Fleetwood. Whether the sponsor's REIT holds any purchase option here is a question for the PPM's exit provisions.