debt
confidence high
sentiment neutral
materiality 0.50
Cantor Fitzgerald Income Trust ups credit facility to $150M, extends maturity to 2028
Cantor Fitzgerald Income Trust, Inc.
- Credit facility increased from $125M to $150M, with accordion feature to add up to $100M for $250M total.
- Interest rates: term SOFR + 2.20%-2.50% or base rate + 1.20%-1.50%, based on loan-to-value ratio.
- New maturity date July 16, 2028, with two one-year extension options subject to covenants and fee.
- As of July 16, 2025, $104.2M outstanding; collateral includes seven properties (Lewisville, Madison Ave, etc.).
- Amended definitions of Change of Control and Permitted Properties for collateral purposes.
item 1.01item 9.01