CF Chestnut Street Multifamily DST is a Cantor Fitzgerald-sponsored multifamily DST that owns 2116 Chestnut, a 321-unit high-rise apartment community at 2116 Chestnut Street in Philadelphia, Pennsylvania.
Cantor Fitzgerald Investors, LLC is identified as sponsor of the issuer in the applicable SEC Form D filing. The interest is a private Delaware Statutory Trust security rather than a publicly traded investment.
Potential liquidity before a sponsor-led exit may depend on the specific trust documents, property performance, financing, distributions, transfer restrictions, purchaser qualifications, remaining holding period, and current secondary-market buyer demand.
Cantor Fitzgerald Investors, LLC
Delaware Statutory Trust / Multifamily
$82.32 Million
2116 Chestnut / Philadelphia, PA
Fully Subscribed In SEC Amendment
Limited Private Secondary Market Liquidity
The May 2025 private placement memorandum stated a maximum offering amount of $82.32 million and a $100,000 minimum purchase. A February 13, 2026 Form D amendment reported the full $82.32 million sold to 201 investors.
Offering information is based on public SEC filings and, where noted, sponsor offering materials. Form D information is issuer-reported and can change through amendments.
The property contains 321 apartment homes in a 34-story building. Sponsor offering materials reported approximately 250,185 square feet of residential space plus 8,171 square feet of ground-floor retail space.
The offering materials reported an $81.268 million Freddie Mac loan at a 5.15% fixed rate with a June 1, 2035 maturity and interest-only payments for 10 years.
For secondary-market purposes, the underlying real estate can be more important than the sponsor name alone. Potential buyers may evaluate occupancy, rents, concessions, expenses, capital requirements, local supply, property taxes, insurance, debt service, and expected disposition timing.
Alternative Investment Liquidity evaluates certain CF Chestnut Street Multifamily DST interests for potential direct private purchase or other secondary-market liquidity.
Potential Direct Private Purchase
Baron De Biltmore LLC
AIL Reviews Eligible Positions
Determined By Position Review
Property, Debt, Income, Transferability & Buyer Demand
Subject To Documentation Review
Any potential purchase indication is separate from the investor's original investment amount, tax basis, account statement value, sponsor-related valuation reference, or projected future sale proceeds.
Any offer represents the amount a purchaser is willing to pay under the applicable terms and should not be interpreted as an independent appraisal or determination of underlying fair value.
Potentially. A transfer depends on the governing trust documents and applicable sponsor, trustee, lender, purchaser-qualification, ownership, and assignment requirements.
Positions held in an IRA, trust, estate, LLC, partnership, corporation, or other entity may require additional documentation establishing ownership and authority to complete a transaction.
Legal transferability does not mean that a ready purchaser or continuous secondary market exists.
DST interests are commonly acquired as replacement property in Section 1031 exchanges. A later private sale or transfer may have tax consequences that differ materially from the original exchange.
Potential considerations may include deferred gain, depreciation recapture, debt allocation, future exchange planning, and timing relative to a sponsor-led disposition.
Alternative Investment Liquidity does not provide tax, legal, investment, accounting, or valuation advice. Investors should consult qualified professionals regarding their circumstances.
Private secondary-market transactions may provide a potential source of liquidity for investors who do not want to wait for a future sponsor-led exit.
The DST secondary market does not operate like a national securities exchange. There is generally no continuously quoted price, centralized order book, or guarantee that a buyer will be available.
Potential pricing may reflect the underlying property, distributions, debt, remaining hold period, transfer requirements, execution risk, and current buyer demand.
Learn more about the DST secondary market.
Occupancy, effective rents, concessions, resident demand, operating expenses, capital requirements, and local multifamily conditions can affect buyer expectations.
Loan balance, leverage, interest rate, maturity, amortization, refinancing exposure, and lender restrictions can materially affect expected returns.
Current and historical distributions may be relevant, but they should be evaluated with property cash flow, reserves, debt service, and future capital requirements.
A position believed to be closer to a sponsor-led disposition may be evaluated differently from one expected to remain outstanding for several additional years.
Sponsor procedures, purchaser qualifications, documentation, position size, execution risk, and current private-market demand can influence marketability and pricing.
A recent investor or account statement identifying the exact DST and current ownership amount is generally the best starting point.
Alternative Investment Liquidity reviews CF Chestnut Street Multifamily DST positions for investors seeking information about potential liquidity, transferability, valuation considerations, current buyer interest, and possible direct purchase opportunities.
For eligible positions, AIL may be able to facilitate a direct private purchase through Baron De Biltmore LLC or evaluate another potential secondary-market liquidity pathway.
Request a Confidential Investment Review for a CF Chestnut Street Multifamily DST position.
Research is based primarily on the CF Chestnut Street Multifamily DST private placement memorandum dated May 13, 2025 and the issuer's SEC Form D and February 2026 Form D amendment.
Program terms, property information, distributions, financing, transfer procedures, and other investment details may change after the applicable reporting date. Investors should review the current governing documents and sponsor communications for the specific DST.
Secondary market interest depends on more than asset type. AIL evaluates each position based on investment structure, transferability, documentation, and current market conditions.
Ownership type, sponsor requirements, investment terms, and underlying asset characteristics all influence review.
Some positions may be subject to transfer restrictions, approval requirements, or limitations within governing documents.
Offering materials, account records, ownership documents, and sponsor information help determine whether review can proceed.
Potential liquidity depends on current buyer interest, asset category, pricing expectations, and transaction feasibility.
Every opportunity is reviewed individually. Our process is designed to provide clarity regarding transferability, marketability, and potential liquidity pathways before any transaction decisions are made.
Provide basic details regarding the investment position, ownership structure, and available documentation.
AIL evaluates the investment type, transfer restrictions, sponsor requirements, and available transfer pathways.
We determine whether a secondary market opportunity may exist based on current investor demand and transaction activity.
If a viable pathway exists, we discuss potential next steps, timing considerations, and transaction requirements.
Submit basic information for a confidential review. Opportunities are evaluated individually based on investment structure, available documentation, transferability, and potential market interest.
REQUEST CONFIDENTIAL REVIEW