InPoint Commercial Real Estate Income Files 8-K

TL;DR

InPoint REIT filed an 8-K, but no new info for traders.

AI Summary

On October 15, 2024, InPoint Commercial Real Estate Income, Inc. filed an 8-K report. The filing does not contain specific details about new events, transactions, or material information that would typically be disclosed in an 8-K, such as acquisitions, financings, or executive changes. It appears to be a routine filing or an update without new substantive disclosures.

Why It Matters

This filing indicates that InPoint Commercial Real Estate Income, Inc. is meeting its reporting obligations with the SEC, though it does not provide new information for investors to act upon.

Risk Assessment

Risk Level: low — The filing is a standard SEC disclosure and does not contain any information that suggests an immediate change in the company's financial health or operational status.

Key Players & Entities

• InPoint Commercial Real Estate Income, Inc. (company) — Registrant
• October 15, 2024 (date) — Date of Report
• 2901 Butterfield Road, Oak Brook, Illinois 60523 (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 — ber 30, 2024, we had accrued under GAAP $645 of stockholder servicing fees payable t

Filing Documents

• ck0001690012-20241015.htm (8-K) — 91KB
• 0000950170-24-114696.txt ( ) — 209KB
• ck0001690012-20241015.xsd (EX-101.SCH) — 25KB
• ck0001690012-20241015_htm.xml (XML) — 5KB

01 Other Events

Item 8.01 Other Events. Determination of September 30, 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 September 30, 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 September 30, 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 September 30, 2024 ($ and shares in thousands, except per share data): Components of NAV September 30, 2024 Commercial mortgage loans $ 647,280 Real estate owned 24,035 Cash and cash equivalents and restricted cash 58,821 Other assets 5,992 Repurchase agreements - commercial mortgage loans (418,765 ) Loan participations sold (56,322 ) Due to related parties (1,541 ) Distributions payable (1,051 ) Interest payable (2,412 ) Accrued stockholder servicing fe

View Full Filing

View this 8-K filing on SEC EDGAR