The Residences at Westshore Marina
Multifamily property in Tampa, FL · sponsored by Cantor Fitzgerald
The Residences at Westshore Marina is a DST sponsored by Cantor Fitzgerald that owns a multifamily property in Tampa, FL (351 units). Its latest Form D, filed Oct 14, 2025, lists a $64 million offering with a $100,000 minimum.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $64,000,000Equity offered, per the Form D
- Sold so far
- None reported as of Oct 14, 2025Form D, Oct 14, 2025
- Selling commissions
- Form D Item 15; the % is our arithmetic$3,200,000 · 5.0% of offering
- 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
- Oct 14, 2025 · 1 filing
No sales reported in a Form D amendment yet. Latest notice Oct 14, 2025.
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Ask a 1031 specialist about this recordFree. About: The Residences at Westshore Marina. Top1031 is not a broker-dealer.The Residences at Westshore Marina · Tampa, FL · Photo: residencesatwestshore.com
What does the Trust own?
Six residential buildings make up this Class A community in Tampa's Westshore Marina District. The sponsor's memorandum states the Trust acquired the property from unaffiliated Westshore Marina Acquisition LLC on October 2, 2025 for $125,550,000. 1 Multi-Housing News reported on October 9, 2025, citing Yardi Matrix, that Cantor Fitzgerald paid $100.4 million for the same community, sold by Starlight Investments. Bainbridge Cos. sold it to Starlight in February 2020. 2
- Property address
- 5350 Bridge St, Tampa, FL
- Property size
- 351 units
How is it financed, and what did it cost to sell?
The Trust borrowed against the building, so the lender is paid from rent before anything reaches investors. The memorandum names Berkeley Point Capital LLC, doing business as Newmark, as the lender on a first-priority loan made under a Freddie Mac program, interest-only and maturing November 1, 2032. 1
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Costs and terms from the Form D
- Selling commissions
- $3,200,000 · 5.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $9,500,173 · 14.8% of offeringForm 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 & Lender Expenses, Acquisition Fee & Closing Cost, 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
- Cantor Fitzgerald & Co. · CRD 134
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Not in the Form D
- Minimum investment
- $100,000
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.
Who's behind the Trust?
Cantor Fitzgerald Investors, LLC is the sponsoring entity named in the Trust's Form D, the notice an issuer files with the SEC for a private offering. 3 Cantor Fitzgerald is a repeat 1031 sponsor running a multi-Trust DST program. RPM Living, LLC, which holds the property-management agreement for this community, is the operating partner on the ground. 1
- Sponsor
- Offerings on record
What does the SEC record show?
The offering's notice reached the SEC when it launched, and no amendment has followed. It uses Rule 506(b), an exemption that bars general advertising and limits sales to accredited investors, people who meet the SEC's income or net-worth tests.
- Legal Trust name
- CF Westshore Multifamily DST
- SEC CIK
- 2089314
- First Form D
- Oct 14, 2025
- Latest Form D
- Oct 14, 2025
- Filings on record
- 1
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Filing on SEC EDGAR |
|---|---|---|---|---|
| Form D | $64,000,000 | $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 The Residences at Westshore Marina an active offering?
- The Residences at Westshore Marina is an Active offering: its latest Form D was filed Oct 14, 2025. 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 does the Trust own?
- The Trust owns The Residences at Westshore Marina, a 351-unit Class A apartment community of six residential buildings in Tampa's Westshore Marina District. The sponsor's memorandum reports a September 15, 2025 rent roll with 93.7% occupancy and average monthly rent of $2,602. The sponsor's business plan calls for new bedroom flooring in roughly 158 apartments plus exterior, amenity and landscaping work, described as planned rather than completed.
- What was paid for the apartments?
- Two acquisition figures have been published for this community. The offering documents state the Trust acquired the property from Westshore Marina Acquisition LLC, described as unaffiliated, on October 2, 2025 for $125,550,000. Multi-Housing News reported on October 9, 2025, citing Yardi Matrix, that Cantor Fitzgerald paid $100.4 million for the same community, sold by Starlight Investments, without naming CF Westshore Multifamily DST as the legal buyer. A trust-level acquisition price and a reported property sale price can measure different things.
- Who runs the apartments day to day?
- The Trust leases the entire property to a sponsor-affiliated master tenant, CF Westshore Master Tenant, LLC, which subleases units to residents, and RPM Living, LLC manages the community under a property-management agreement, according to the sponsor's memorandum. Leasing, staffing and maintenance costs come out of property cash flow before anything reaches investors.
- What debt does the Trust carry, and when does it come due?
- The memorandum describes a $78,736,000 first-priority loan from Berkeley Point Capital LLC, doing business as Newmark, made under a Freddie Mac program, with interest-only payments over a seven-year term and a maturity date of November 1, 2032. Multi-Housing News separately reported the purchase was financed with a $78.7 million Freddie Mac loan originated by Newmark. DST interests have no public market, so an exit turns on a sale or refinancing of the property.
- What does the master lease mean for an investor?
- A DST cannot actively manage its property or renegotiate leases once the offering closes, so it leases the whole asset to a master tenant that handles operations and passes rent up to the trust. Here the master tenant is a sponsor affiliate, CF Westshore Master Tenant, LLC, and the memorandum states its $1,250,000 capitalization comprises $500,000 in a reserve account and a $750,000 demand note. Base Rent covers scheduled debt service and lender-mandated reserves, while Additional Rent and Bonus Rent depend on property income exceeding specified breakpoints.
- What is the minimum investment?
- The Form D filed October 14, 2025 states a $100,000 minimum outside investment. This is a Rule 506(b) private placement, meaning it cannot be generally advertised and is sold only to accredited investors, people who meet the SEC's income or net-worth tests. Sponsors often set different minimums for cash investors than for 1031 exchange investors, and selling firms sometimes apply higher thresholds of their own.
In the news
Sources
Show sources (5)Hide sources (5)
These links support the record as a whole; individual details may come from different sources.
- Sponsor offering documents, Oct 2025
- Multi-Housing News ↗
- U.S. Securities and Exchange Commission ↗
- baker1031.com ↗
- multihousingnews.com ↗
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.