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CF Chestnut Street Multifamily

-

Philadelphia

,

Pennsylvania

Prospective purchasers should carefully read this entire Offering Memorandum to fully understand all of the implications and risks of the Offering of securities to which it relates prior to making an investment. Investors should only consider these investments if they have no need for liquidity and can bear the risk of losing their entire investment.

**There is no assurance that stated objectives will be met. Liquidity events are at sponsor’s discretion.

Sponsor

Cantor

Cash Flow:

View Cash Flow

Leverage %:

49.70%

Total Raise

$82,320,000.00

Available

$55,436,764

Total Syndication

$163,588,000

Minimum Investment:

$100,000

Projected Hold:

7 - 10 Years

DST Type:

506(b)

Year Built

2013

Occupancy

91%

Summary

The Property is a Class-A, 34-story high-rise apartment community located in the Rittenhouse Square neighborhood of downtown Philadelphia. Completed in 2013, the community features modern unit interiors with stainless-steel appliances, granite countertops, kitchen islands, floor-to-ceiling windows, balconies, and in-unit washer/dryers. Residents enjoy an extensive suite of amenities, including a clubhouse, resident lounge, fitness center, business center, conference room, theater, roof deck with seating and landscaped lawn, outdoor kitchen and grilling area, fire pit, dog run, and 24/7 concierge service. In addition to its residential offering, the Property includes over 8,000 square feet of ground-floor retail space along Chestnut Street, fully occupied by Five Iron Golf and Solidcore, an upscale fitness concept. The community is well-leased and has demonstrated consistently strong occupancy since its opening. The Property underwent renovations between 2020 and 2024, resulting in a mix of fully renovated, partially renovated, and classic units. Renovations have included interior upgrades and refreshed finishes, with further opportunities for enhancements across kitchens, fixtures, and amenities. Strategically situated in one of Philadelphia’s most desirable neighborhoods, the community offers unobstructed views of the city and walkable access to Rittenhouse Square Park, upscale shopping, dining, and entertainment. The location is proximate to University City, home to the University of Pennsylvania, Drexel University, and a significant employment base anchored by world-class healthcare and research institutions. The Property also provides excellent regional connectivity, within walking distance of 30th Street Station, and convenient access to major interstates and the Philadelphia International Airport.

ASSET CLASS

Multifamily

LOAN-TO-VALUE

49.70%

TOTAL RAISE

$82,320,000.00

AVAILABLE EQUITY

$55,436,764

TOTAL SYNDICATION

$163,588,000

MINIMUM INVESTMENT

$100,000

PROJECTED HOLD

7 - 10 Years

YEAR BUILT

2013

OCCUPANCY

91%

LEASE TYPE

LOAN INTEREST RATE

5.15%

LOAN TERMS YRS

Interest Only

1800 West Loop South
Suite 1700
Houston, Texas 77027
PHONE: 713-984-8044
FAX: 713-984-8048
Privacy Policy
Securities offered through World Equity Group, Inc.
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Member FINRA / SIPC
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