Full cycle

CF WAG Portfolio DST completed a 721 exchange in September 2024

Holders received operating-partnership units in a REIT rather than proceeds from a sale, closing a hold that the record places at 2.3 years.

Published Updated

CF WAG Portfolio DST reached full cycle on September 1, 2024. The exit type on record is a Section 721 UPREIT roll, a contribution to a REIT in exchange for operating-partnership units, and Cantor Fitzgerald's published track record lists the program as completed.

The Trust is a Delaware Statutory Trust (DST) that filed its Form D on May 26, 2022, a 506(b) placement with a maximum offering amount of $23.14 million and a $250,000 minimum investment. Beyond a commercial asset class, the filings in the record do not describe the underlying properties.

No total return, annualized return, or equity multiple appears in the record for this exit. A Section 721 exchange records the consideration as an interest in the acquiring REIT rather than a price, so there is no disposition value to report, and the eventual result for holders rests on that REIT's performance after the exchange.

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