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

TL;DR

InPoint Commercial Real Estate Income, Inc. filed a standard 8-K, no major news.

AI Summary

On September 16, 2024, InPoint Commercial Real Estate Income, Inc. filed an 8-K report. The filing primarily concerns other events and does not detail specific financial transactions or material changes beyond its routine reporting obligations.

Why It Matters

This 8-K filing indicates routine corporate reporting by InPoint Commercial Real Estate Income, Inc., without immediate news of significant financial events.

Risk Assessment

Risk Level: low — The filing is a routine 8-K report and does not disclose any new material events, risks, or financial changes.

Key Numbers

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

Key Players & Entities

• InPoint Commercial Real Estate Income, Inc. (company) — Registrant
• September 16, 2024 (date) — Date of earliest event reported
• Maryland (jurisdiction) — State of Incorporation
• Oak Brook, Illinois (location) — 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 — ust 31, 2024, we had accrued under GAAP $645 of stockholder servicing fees payable t

Filing Documents

• ck0001690012-20240916.htm (8-K) — 90KB
• 0000950170-24-106827.txt ( ) — 207KB
• ck0001690012-20240916.xsd (EX-101.SCH) — 25KB
• ck0001690012-20240916_htm.xml (XML) — 5KB

01 Other Events

Item 8.01 Other Events. Determination of August 31, 2024 NAV per Share InPoint Commercial Real Estate Income, Inc. (the "Company," "we," "our") 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 August 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 August 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 August 31, 2024 ($ and shares in thousands, except per share data): Components of NAV August 31, 2024 Commercial mortgage loans $ 660,041 Real estate owned 24,035 Cash and cash equivalents and restricted cash 47,129 Other assets 6,747 Repurchase agreements - commercial mortgage loans (418,765 ) Loan participations sold (56,226 ) Due to related parties (1,574 ) Distributions payable (1,051 ) Interest payable (3,840 ) Accrued stockholder servicing fees (1) (227

View Full Filing

View this 8-K filing on SEC EDGAR