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

TL;DR

InPoint REIT filed a routine 8-K, no major news yet.

AI Summary

On November 15, 2024, InPoint Commercial Real Estate Income, Inc. filed an 8-K report. The filing does not disclose specific material events but is a routine filing related to its corporate status and SEC reporting obligations. The company is incorporated in Maryland and its principal executive offices are located in Oak Brook, Illinois.

Why It Matters

This 8-K filing indicates InPoint Commercial Real Estate Income, Inc. is meeting its regulatory reporting requirements with the SEC. Investors should monitor future filings for specific operational or financial updates.

Risk Assessment

Risk Level: low — This filing is a standard SEC report and does not contain information that suggests an immediate change in the company's risk profile.

Key Numbers

• 001-40833 — SEC File Number (Identifies the company's filing 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
• Oak Brook, Illinois (location) — Principal Executive Offices
• November 15, 2024 (date) — Date of Report

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 31, 2024, we had accrued under GAAP $645 of stockholder servicing fees payable t

Filing Documents

• ck0001690012-20241115.htm (8-K) — 91KB
• 0000950170-24-127599.txt ( ) — 209KB
• ck0001690012-20241115.xsd (EX-101.SCH) — 25KB
• ck0001690012-20241115_htm.xml (XML) — 5KB

01 Other Events

Item 8.01 Other Events. Determination of October 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 October 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 October 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 October 31, 2024 ($ and shares in thousands, except per share data): Components of NAV October 31, 2024 Commercial mortgage loans $ 605,297 Real estate owned 43,627 Cash and cash equivalents and restricted cash 63,253 Other assets 5,804 Repurchase agreements - commercial mortgage loans (400,413 ) Loan participations sold (56,341 ) Due to related parties (1,544 ) Distributions payable (1,051 ) Interest payable (2,416 ) Accrued stockholder servicing fees (1) (

View Full Filing

View this 8-K filing on SEC EDGAR