InPoint Commercial Real Estate Income, Inc. Files 8-K

TL;DR

InPoint CRE Income filed an 8-K, likely with financial updates. Check for details.

AI Summary

On April 15, 2024, InPoint Commercial Real Estate Income, Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, along with other events and a Regulation FD disclosure. Specific financial figures or material events beyond the filing's nature are not detailed in the provided text.

Why It Matters

This 8-K filing indicates that InPoint Commercial Real Estate Income, Inc. is providing updated information to the SEC, which could include financial statements or other material disclosures relevant to investors.

Risk Assessment

Risk Level: low — The filing is a standard SEC disclosure (8-K) and does not, in itself, indicate new or elevated risks without further details on its contents.

Key Numbers

• 001-40833 — SEC File Number (Identifies the company's filing history with the SEC.)
• 32-0506267 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• InPoint Commercial Real Estate Income, Inc. (company) — Registrant
• Maryland (jurisdiction) — State of Incorporation
• 2901 Butterfield Road, Oak Brook, Illinois 60523 (address) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.001 — e Redeemable Preferred Stock, par value $0.001 per share ICR PR A New York Stock E
• $645 — ch 31, 2024, we have accrued under GAAP $645 of stockholder servicing fees payable t

Filing Documents

• ck0001690012-20240415.htm (8-K) — 99KB
• ck0001690012-ex99_1.htm (EX-99.1) — 23KB
• img139739192_0.jpg (GRAPHIC) — 301KB
• img139739192_1.jpg (GRAPHIC) — 7KB
• 0000950170-24-044421.txt ( ) — 671KB
• ck0001690012-20240415.xsd (EX-101.SCH) — 25KB
• ck0001690012-20240415_htm.xml (XML) — 5KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. InPoint Commercial Real Estate Income, Inc. (the "Company," "we," "our") prepared a letter to its stockholders regarding the Company's portfolio update. A copy of the letter to stockholders is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in this Item 7.01 disclosure, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section. In addition, the information in this Item 7.01 disclosure, including Exhibit 99.1, shall not be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

01 Other Events

Item 8.01 Other Events. Determination of March 31, 2024 NAV per Share The Company calculates net asset value ("NAV") per share in accordance with the valuation guidelines that have been approved by its board of directors (the "Board"). Our NAV per share, which is updated as of the last calendar day of each month, is posted on our website at www.inland-investments.com/inpoint . The "Net Asset Value Calculation and Valuation Guidelines" section of our prospectus for our public offering (SEC Registration No. 333-264540), as supplemented, contains details regarding how our NAV is determined. Inland InPoint Advisor, LLC, our Advisor, is ultimately responsible for determining our NAV. We have included a breakdown of the components of total net asset value attributable to common stock and NAV per share for March 31, 2024. Our total net asset value attributable to all classes of our common stock in the aggregate is presented in the following table. As of March 31, 2024, we had not sold any Class S shares of common stock in our public offering. As previously announced, on January 30, 2023, our Board unanimously approved the suspension of the sale of shares in the primary portion of our public offering and through our amended and restated distribution reinvestment plan. The following table provides a breakdown of the major components of our total net asset value attributable to common stock as of March 31, 2024 ($ and shares in thousands, except per share data): Components of NAV March 31, 2024 Commercial mortgage loans $ 697,464 Cash and cash equivalents and restricted cash 60,396 Other assets 4,800 Repurchase agreements - commercial mortgage loans (435,439 ) Credit facility payable (9,498 ) Loan participations sold (57,226 ) Due to related parties (1,662 ) Distributions payable (1,051 ) Interest payable (1,720 ) Accrued stockholder servicing fees (1) (212 ) Other liabilities (494 ) Preferred stock (8

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Form of Letter to Stockholders 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INPOINT COMMERCIAL REAL ESTATE INCOME, INC. Date: April 15, 2024 By: /s/ Catherine L. Lynch Catherine L. Lynch Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR