Riverworks
Multifamily property in Phoenixville, PA — sponsored by Cantor Fitzgerald
Files with the SEC as CF Riverworks Multifamily DST
Minimum investment
$250k
Offering size
$52.3M
How much has sold
None sold yet
Asset type
Multifamily property
Location
Phoenixville, PA
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Riverworks 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.
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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?
- Reported location
- Phoenixville, PA
- Property size
- 349 units
How did it end?
Sold
Listed as a completed/full-cycle program on Cantor Fitzgerald's published track record.
349-unit Class A multifamily community built 2017 in Phoenixville, PA; 94.8% occupied; offering size $104.275M (equity $52.275M), 10-yr Fixed/10-yr IO at 5.71%, LTV 49.87%, min investment $250,000. Property acquired by Cantor Fitzgerald for $90.3M from Pantzer Properties in May 2024; re-transition listing marks status as Closed Offering. Located within Upper Chester County submarket, one mile from historic downtown Phoenixville across Schuylkill River footbridge.
349 unitsSupporting evidence
How is it financed, and what does it pay?
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Who's behind it?
- Sponsor
- Cantor Fitzgerald
- Legal Trust name
- CF Riverworks 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?
- Form D filedFirst and latest filing on record.
- 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
What happened to Riverworks?
Top1031 lists Riverworks as historical. It is no longer raising money.
Where does Top1031 get the data for Riverworks?
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 8New York firm pays $90M for Phoenixville apartment complexCantor Fitzgerald bought the 349-unit Riverworks complex from Pantzer Properties for $90.3M in Chester County property records. Toll Brothers Apartment Living in a Joint Venture with The Davis Companies Announces Opening of Riverworks, a New Luxury Rental Community in Phoenixville, PAOriginal developer announcement for Riverworks, a 349-unit luxury apartment community at 45 North Main Street in Phoenixville, PA built by Toll Brothers Apartment Living and The Davis Companies.