Cantor Fitzgerald REIT Net Asset Value Declines Nearly 2% in September

Cantor Fitzgerald Income Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Rodin Global Property Trust, has declared estimated net asset values per share for its classes of common stock, as of Sept. 30, 2023.

Class S shares had an NAV per share of $24.38, compared to $24.53 the previous month, a decline of 0.6%.

Class I shares had an NAV per share of $24.40, compared to $24.55 the previous month, a decline of 0.6%.

Class T shares had an NAV per share of $24.38, compared to $24.53 the previous month, a decline of 0.6%.

Class D shares had an NAV per share of $24.39, compared to $24.54 the previous month, a decline of 0.6%.

Shares outstanding totaled 15.2 million in September 2023.

The company’s net asset value was $371.9 million as of Sept. 30, 2023, compared to $379.3 million the previous month, representing a monthly decline of nearly 2%.

Cantor Fitzgerald Income Trust launched in March 2017 to invest in a portfolio of income-producing commercial real-estate, as well as debt secured by commercial real estate, located primarily in the United States. The REIT has had sold shares in its offerings for aggregate net proceeds of $297.1 million as of Sept. 30, 2023.

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