Full cycle

CF Summerfield Multifamily DST Reached Full Cycle in December 2024 Through a Section 721 Roll

Cantor Fitzgerald's published track record lists the multifamily trust as complete; the exit exchanged Delaware Statutory Trust (DST) interests for units in a REIT's operating partnership.

Published Updated

Cantor Fitzgerald lists CF Summerfield Multifamily DST as a completed program on its published full-cycle track record, with the exit recorded on December 1, 2024. The exit type is a Section 721 UPREIT roll: a contribution to a real estate investment trust in exchange for operating-partnership units. Investors in a roll of that kind receive units rather than cash proceeds at the exit.

From the offering's first Form D, filed May 21, 2021, to the December 2024 exit runs about three and a half years.

Field

Detail

Trust

CF SUMMERFIELD MULTIFAMILY DST

Sponsor

Cantor Fitzgerald

Asset class, as filed

Other Real Estate

Offering exemption

506(b)

Offering ceiling

$38,100,000

Minimum investment

$250,000

The record carries no disposition value and no total return, annualized return, or equity multiple for the offering. The track-record listing marks the program complete without a performance figure attached to it, and no other document on the public record supplies one. That is what the record shows about this full cycle: the mechanism, the date, and the hold.