InPoint Commercial Real Estate Income, Inc. 8-K

What Happened
InPoint Commercial Real Estate Income, Inc. filed an 8-K (Item 8.01) on April 15, 2026 to report its net asset value (NAV) per share as of March 31, 2026. The company reported an aggregate NAV attributable to common stock of $136,612 (amounts in the filing are presented in thousands — i.e., $136.612 million) and an NAV per common share of $13.4992. The filing notes NAV is calculated monthly under board‑approved valuation guidelines; Inland InPoint Advisor, LLC is ultimately responsible for NAV determinations.

Key Details

• Total NAV attributable to common stock: $136,612 (in thousands) = $136.612 million; number of outstanding common shares: 10,120 (in thousands) = 10.12 million; NAV per share: $13.4992.
• Major assets/liabilities (amounts in thousands): commercial mortgage loans $333,449; real estate owned $99,764; cash & restricted cash $82,627; repurchase agreements (loans) $(215,074); preferred stock $(88,313).
• NAV by share class (per share): Class P $13.4884, Class A $13.5351, Class T $13.6705, Class D $13.5645, Class I $13.5369; Class S had no outstanding shares as of March 31, 2026.
• The company states its public offering terminated on November 1, 2025; GAAP accruals include $645 (in dollars, as reported) of stockholder servicing fees payable to the Dealer Manager related to Class T and Class D shares.

Why It Matters
NAV per share and the NAV breakdown show how the company values its assets and the relative value across share classes — key data for current and prospective retail investors tracking portfolio value, liquidity and capital structure. The balance-sheet components (large mortgage loan holdings, repurchase agreements and preferred equity) help explain drivers of NAV and potential areas affecting future NAV changes.