Cantor Fitzgerald Income Trust, Inc.
Business
Cantor Fitzgerald Income Trust is a Maryland-incorporated real estate investment trust that owns and manages a diversified portfolio of income-producing commercial, multifamily, and industrial properties, as well as real estate-related debt and securities. The company invests primarily in U.S. properties through direct ownership, controlling interests in Delaware Statutory Trusts, joint ventures, and real estate-related securities. The company is externally managed by an affiliate advisor and operates through a continuous public offering structure across multiple share classes.
Summary from 10-K filed 2026-03-24
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Rental revenues | 79 | 73 | 71 | 58 | — | |
| Preferred return income | — | 811,069 | 980,258 | 967,092 | 953,926 | |
| Income from mezzanine loan investment | — | 865,154 | 1 | 1 | 1 | |
| Other property operating revenues | 18 | 21 | 18 | 13 | 4 | |
| Total revenues | 98 | 96 | 91 | 73 | 36 | |
| General and administrative expenses | 720,578 | 307,206 | 5 | 6 | — | |
| Depreciation and amortization | 36 | 35 | 35 | 33 | 16 | |
| Management fees | 6 | 6 | 7 | 6 | 3 | |
| Property operating expenses | 37 | 38 | 34 | 23 | 10 | |
| Total operating expenses | 79 | 79 | 81 | 67 | 30 | |
| Income/(loss) from investments in real estate-related assets | −26,149 | 136,667 | 149,976 | −475,390 | −95,813 | |
| Interest income | 918,664 | 1 | 1 | 183,934 | 10,511 | |
| Net gain from investment in debt securities, at fair value | — | 1 | 603,169 | — | — | |
| Unrealized gain from investment in infrastructure fund, at fair value | 472,565 | — | — | — | — | |
| Loss from sale of investments in real estate-related assets | — | −3 | — | — | — | |
| Loss on extinguishment of debt | −333,574 | −619,284 | — | — | — | |
| Impairment of investment in real estate | −5 | — | — | — | — | |
| Other income | 331,117 | 226,516 | — | — | — | |
| Interest expense | −29 | −27 | −23 | — | — | |
| Total other income (expense) | −32 | −28 | −21 | −17 | −9 | |
| Net income (loss) | −14 | −12 | −11 | −11 | −3 | |
| Net income (loss) attributable to non-controlling interest | −5 | −3 | −4 | −6 | −2 | |
| Net income (loss) attributable to common stockholders | −8 | −9 | −7 | −5 | −697,121 | |
| Weighted average shares outstanding, basic | 12 | 14 | 16 | 13 | 8 | |
| Weighted average shares outstanding,diluted | 12 | 14 | 16 | 13 | 8 | |
| Net income (loss) per common share - basic | −0.7 | −0.66 | −0.44 | −0.38 | −0.09 | |
| Net income (loss) per common share - diluted | −0.7 | −0.66 | −0.44 | −0.38 | −0.09 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Investment in real estate, net of accumulated depreciation of $113,357,139 and $88,012,426, respectively | 965 | 955 | 941 | 922 | 610 | |
| Cash and cash equivalents | 25 | 36 | 30 | 28 | 15 | |
| Restricted cash | 6 | 9 | 10 | 11 | 4 | |
| Investments in real estate-related assets | 5 | 6 | 30 | 31 | 31 | |
| Investment in real estate, held for sale | 6 | 0 | — | — | — | |
| Investment in infrastructure fund, at fair value | 9 | 0 | — | — | — | |
| Intangible assets, net of accumulated amortization of $53,593,211 and $44,199,666 respectively | 68 | 72 | 75 | 85 | 62 | |
| Operating lease right-of-use asset | 16 | 16 | 16 | 16 | 16 | |
| Derivative assets, at fair value | 6 | 8 | 8 | 9 | — | |
| Prepaid expenses and other assets | 13 | 11 | 12 | 10 | 6 | |
| Deferred rent receivable | 18 | 13 | 12 | 9 | 6 | |
| Total assets | 1,100 | 1,100 | 1,144 | 1,122 | 751 | |
| Loans payable, net of deferred financing costs of $5,156,704 and $5,001,576, respectively | 596 | 550 | 529 | 462 | 356 | |
| Intangible liabilities, net of accumulated amortization of $9,862,831 and $7,880,021, respectively | 15 | 17 | 19 | 21 | 9 | |
| Operating lease liability | 16 | 16 | 16 | 16 | 16 | |
| Distributions payable | 1 | 2 | 2 | 7 | 6 | |
| Restricted reserves | 13 | 12 | 11 | 8 | 4 | |
| Due to related parties | 17 | 13 | 6 | 6 | — | |
| Deferred revenue | 2 | 2 | 2 | 1 | 1 | |
| Accrued interest payable | 2 | 2 | 2 | 2 | 802,286 | |
| Accounts payable and accrued expenses | 4 | 2 | 5 | 3 | 149,792 | |
| Total liabilities | 667 | 616 | 592 | 527 | 397 | |
| Commitments and contingencies (Note 13) | 0 | 0 | 0 | 0 | — | |
| Preferred stock, $0.01 par value per share, 50,000,000 shares authorized, and 0 issued and outstanding at each December 31, 2025 and December 31, 2024 | — | — | 0 | — | — | |
| Additional paid-in capital | 311 | 341 | 377 | 389 | 239 | |
| Retained earnings/accumulated deficit and cumulative distributions | −142 | −116 | −85 | −55 | −30 | |
| Accumulated other comprehensive income/(loss) | 474,811 | 748,843 | 755,642 | 902,026 | −15,771 | |
| Total controlling interest | 170 | 226 | 292 | 335 | 209 | |
| Non-controlling interests in subsidiaries | 300 | 283 | 259 | 260 | 145 | |
| Total stockholders' equity | 470 | 510 | 552 | 595 | 354 | |
| Total liabilities and stockholders' equity | 1,137 | 1,126 | 1,144 | 1,122 | 751 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 37 | 36 | 36 | 34 | 17 | |
| (Gain)/loss from investments in real estate-related assets | 26,149 | −136,667 | −149,976 | 475,390 | 95,813 | |
| (Realized gain) from sale of investment in debt securities | — | −2 | — | — | — | |
| Loss from sale of investments in real estate-related assets | — | 3 | — | — | — | |
| Amortization of above-market lease intangibles | 219,564 | 202,130 | 196,378 | 196,378 | 134,097 | |
| Amortization of below-market lease intangibles | −2 | −2 | −2 | −2 | −924,998 | |
| Unrealized (gain) from investment in infrastructure fund | −472,565 | — | — | — | — | |
| Unrealized loss from investment in debt securities | — | 454,123 | −454,124 | — | — | |
| Proceeds from investments in real estate-related assets | 359,536 | 412,947 | 481,772 | 360,466 | 412,801 | |
| (Decrease) in deferred rent receivable | −5 | −2 | −2 | −4 | −4 | |
| (Increase)/decrease in prepaid expenses and other assets | −2 | 1 | −2 | −4 | −5 | |
| Increase in due to related parties | 4 | 7 | −955 | −160,422 | −140,371 | |
| Increase in deferred revenue | 33,029 | 69,975 | 704,177 | −170,882 | 834,308 | |
| Increase in restricted reserves | 1 | 1 | 3 | 4 | 4 | |
| Increase/(decrease) in accounts payable and accrued expenses | 2 | −2 | −1 | 89,001 | −425,133 | |
| Increase/(decrease) in accrued interest payable | 43,910 | −64,085 | 282,766 | 847,179 | 529,086 | |
| Net cash provided by operating activities | 27 | 30 | 21 | 23 | 10 | |
| Acquisition of real estate | −713,664 | −4 | −3 | — | — | |
| Capital improvements to real estate | −2 | −3 | — | — | — | |
| Purchase of interest in infrastructure fund | −8 | — | −9 | — | — | |
| Proceeds from sale/repayment of investment in debt securities | — | 10 | — | — | — | |
| Proceeds from sale of investments in real estate-related assets | — | 21 | — | — | — | |
| Net cash (used in )/provided by investing activities | −11 | 25 | −11 | −113 | −128 | |
| Borrowings and paydowns under credit facility | 40 | −3 | 45 | −9 | 29 | |
| Proceeds from refinancing of mortgage loan | — | 34 | — | — | — | |
| Repayment of mortgage loan | −27 | −36 | — | — | — | |
| Proceeds from issuance of common stock, net | 4 | 10 | 43 | 153 | 78 | |
| Distributions | −13 | −15 | −22 | −18 | −7 | |
| Payments for redemptions of common stock | −40 | −60 | −59 | −9 | −7 | |
| Distributions to and redemption of non-controlling interests | −17 | −13 | — | — | — | |
| Non-controlling interest contribution | 75,000 | 100,000 | — | — | — | |
| Syndicated ownership interest | 25 | 35 | — | 3 | 17 | |
| Payment of deferred financing costs | −2 | −2 | −673,010 | −2 | −3 | |
| Net cash (used in) financing activities | −29 | −50 | −8 | 109 | 104 | |
| Net (decrease)/increase in cash and cash equivalents and restricted cash | −13 | 5 | 1 | 20 | −14 | |
| Cash paid for interest | 27 | 27 | 20 | 17 | 8 | |
| Distribution reinvestment | 5 | 6 | 7 | 6 | 4 | |
| Distributions payable | 1 | 2 | 2 | 948,895 | 649,294 | |
| Acquisition of real estate | −50 | −42 | — | — | — | |
| Assumption of loans payable in conjunction with acquisition of real estate | 33 | 27 | 23 | 116 | 247 | |
| Acquired non-controlling interests | −814,702 | −24 | 19 | 133 | 137 | |
| Issuance of OP Units for acquired real estate interests | 18 | 43 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Cantor Fitzgerald Income Trust, Inc.'s CIK number?
Cantor Fitzgerald Income Trust, Inc.'s SEC CIK number is 0001666244 (1666244). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Cantor Fitzgerald Income Trust, Inc.'s SEC filings?
All of Cantor Fitzgerald Income Trust, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.