Articles from Cantor Fitzgerald Income Trust, Inc.
Cantor Fitzgerald Income Trust, Inc., a Maryland corporation (the “Company”), today announced the pricing of an underwritten public offering of 800,000 shares of its 9.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) at a public offering price of $25.00 per share. In addition, the Company has granted the underwriters a 30-day option to purchase an additional 120,000 shares of the Series A Preferred Stock to cover over-allotments, if any. The Series A Preferred Stock will have a $25.00 per share liquidation preference. The Company will receive gross proceeds of approximately $20 million (or approximately $23 million if the underwriters exercise their over-allotment option in full) from the sale of the Series A Preferred Stock, before deducting the underwriting discounts and other estimated offering expenses. The offering is expected to close on April 8, 2026, subject to customary closing conditions.
By Cantor Fitzgerald Income Trust, Inc. · Via Business Wire · March 30, 2026
Cantor Fitzgerald Income Trust, Inc., a Maryland corporation (the “Company”), today announced the commencement of a proposed underwritten public offering of 2,000,000 shares of its Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”). The Company also expects to grant the underwriters a 30-day option to purchase an additional 300,000 shares of the Series A Preferred Stock to cover over-allotments, if any. The Series A Preferred Stock will have an initial liquidation preference of $25.00 per share. The Company intends to contribute the net proceeds from the offering to its operating partnership, Cantor Fitzgerald Income Trust Operating Partnership, L.P., which in turn intends to use the net proceeds to acquire the Company’s targeted assets in a manner consistent with its investment strategies and investment guidelines, refinance, repurchase or repay certain existing indebtedness of the Company and its subsidiaries, including amounts outstanding under its credit facility, and for general corporate purposes.
By Cantor Fitzgerald Income Trust, Inc. · Via Business Wire · March 24, 2026