$ICR-PA·8-K

InPoint Commercial Real Estate Income, Inc. · Jun 15, 4:17 PM ET

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InPoint Commercial Real Estate Income, Inc. 8-K

Research Summary

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InPoint Commercial Real Estate Income Files May 31, 2026 NAV per Share

What Happened
InPoint Commercial Real Estate Income, Inc. filed an 8-K on June 15, 2026 announcing its net asset value (NAV) per share as of May 31, 2026. The company reported aggregate NAV attributable to common stock of $134,790 (amounts in the filing are presented in thousands) and an aggregate NAV per share of $13.3191. The filing includes a detailed breakdown of asset and liability components and NAV by share class. The public offering officially terminated on November 1, 2025.

Key Details

  • Total NAV attributable to common stock: $134,790 (in thousands). Aggregate NAV per share: $13.3191 (as of May 31, 2026).
  • Major assets: Commercial mortgage loans $291,505; Real estate owned $99,789; Cash and equivalents $81,356; Real estate securities $10,020 (all amounts in thousands).
  • Major liabilities and reductions: Repurchase agreements $183,730; Loan participations sold $47,715; Preferred stock $89,430 (all in thousands).
  • NAV by class (amount / shares / NAV per share): Class P $113,957 / 8,563 shares / $13.3085; Class A $9,961 / 746 / $13.3552; Class T $3,918 / 290 / $13.4943; Class D $643 / 48 / $13.3874; Class I $6,316 / 473 / $13.3570. Class S had no outstanding shares.
  • Stockholder servicing fees: For NAV purposes fees are recognized monthly as a reduction of NAV; under GAAP the company had accrued $645 (in thousands) payable to the Dealer Manager related to Class T and Class D shares.

Why It Matters
NAV per share is a key valuation metric for REIT-like funds and closed-end real estate companies; this filing gives investors the latest monthly NAV snapshot and the asset/liability drivers behind it. The breakdown shows the company is heavily weighted to commercial mortgage loans and real estate owned, while repurchase agreements and preferred stock materially reduce NAV. The per-class NAVs are broadly similar, and the company’s public offering has ended, meaning no new primary share issuances are ongoing.

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