InPoint REIT Files 8-K
Ticker: ICRP · Form: 8-K · Filed: Jan 15, 2025 · CIK: 1690012
| Field | Detail |
|---|---|
| Company | Inpoint Commercial Real Estate Income, Inc. (ICRP) |
| Form Type | 8-K |
| Filed Date | Jan 15, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $645 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, REIT, corporate-filing
TL;DR
InPoint REIT filed its 8-K, standard corporate update, no major news.
AI Summary
On January 15, 2025, InPoint Commercial Real Estate Income, Inc. filed an 8-K report. The filing indicates that the company is a Maryland-incorporated Real Estate Investment Trust (REIT) with its principal executive offices located at 2901 Butterfield Road, Oak Brook, Illinois. The report does not contain specific financial transactions or material events beyond its routine filing status.
Why It Matters
This 8-K filing serves as a routine update for InPoint Commercial Real Estate Income, Inc., confirming its status as a publicly traded REIT and providing basic corporate information.
Risk Assessment
Risk Level: low — This filing is a routine 8-K report and does not disclose any new material events or financial information that would indicate increased risk.
Key Players & Entities
- InPoint Commercial Real Estate Income, Inc. (company) — Registrant
- January 15, 2025 (date) — Date of earliest event reported
- Maryland (jurisdiction) — State of Incorporation
- 2901 Butterfield Road, Oak Brook, Illinois 60523 (address) — Principal Executive Offices
- 001-40833 (identifier) — Commission File Number
- 32-0506267 (identifier) — IRS Employer Identification No.
FAQ
What is the exact name of the company filing this report?
The exact name of the registrant is InPoint Commercial Real Estate Income, Inc.
On what date was the earliest event reported in this filing?
The date of the earliest event reported is January 15, 2025.
In which state was InPoint Commercial Real Estate Income, Inc. incorporated?
The company was incorporated in Maryland.
What is the company's principal executive office address?
The principal executive offices are located at 2901 Butterfield Road, Oak Brook, Illinois 60523.
What is the Commission File Number for InPoint Commercial Real Estate Income, Inc.?
The Commission File Number is 001-40833.
Filing Stats: 971 words · 4 min read · ~3 pages · Grade level 11.7 · Accepted 2025-01-15 16:27:20
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 $645 of stockholder servicing fees payable t
Filing Documents
- ck0001690012-20250115.htm (8-K) — 102KB
- 0000950170-25-005857.txt ( ) — 220KB
- ck0001690012-20250115.xsd (EX-101.SCH) — 25KB
- ck0001690012-20250115_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. Determination of December 31, 2024 NAV per Share InPoint Commercial Real Estate Income, Inc. (the "Company," "we," "our") calculates net asset value ("NAV") per share in accordance with the valuation guidelines that have been approved by its board of directors (the "Board"). Our NAV per share, which is updated as of the last calendar day of each month, is posted on our website at www.inland-investments.com/inpoint . The "Net Asset Value Calculation and Valuation Guidelines" section of our prospectus for our public offering (SEC Registration No. 333-264540), as supplemented, contains details regarding how our NAV is determined. Inland InPoint Advisor, LLC, our Advisor, is ultimately responsible for determining our NAV. We have included a breakdown of the components of total net asset value attributable to common stock and NAV per share for December 31, 2024. Our total net asset value attributable to all classes of our common stock in the aggregate is presented in the following table. As of December 31, 2024, we had not sold any Class S shares of common stock in our public offering. As previously announced, on January 30, 2023, our Board unanimously approved the suspension of the sale of shares in the primary portion of our public offering and through our amended and restated distribution reinvestment plan. The following table provides a breakdown of the major components of our total net asset value attributable to common stock as of December 31, 2024 ($ and shares in thousands, except per share data): Components of NAV December 31, 2024 Commercial mortgage loans $ 555,852 Real estate owned 43,627 Cash and cash equivalents and restricted cash 64,549 Other assets 5,251 Repurchase agreements - commercial mortgage loans (360,677 ) Loan participations sold (48,524 ) Due to related parties (1,407 ) Distributions payable (1,051 ) Interest payable (2,349 ) Accrued stockholder servicing fees (1