Cantor Fitzgerald Launches New $1 Billion Non-Traded REIT
April 3, 2017 | by Mark Heschmeyer | CoStar
The Securities and Exchange Commission has given the go ahead to Cantor Fitzgerald LP’s launch of Rodin Global Property Trust, a new, non-traded REIT that aims to raise up to $1 billion to invest in single-tenant, net leased commercial properties in the US, UK and in other European countries.
Howard W. Lutnick, who leads Cantor Fitzgerald, will also lead the new Rodin Global as chairman and CEO.
Cantor Fitzgerald is also the parent of Newmark Grubb Knight Frank through its BGC Partners Inc. (NASDAQ: BGCP).
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