InPoint Commercial Real Estate Income Inc.

12/15/2025 | Press release | Distributed by Public on 12/15/2025 15:17

Material Event (Form 8-K)

Item 8.01 Other Events.

Determination of November 30, 2025 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 November 30, 2025.

Our total net asset value attributable to all classes of our common stock in the aggregate is presented in the following table. The following table provides a breakdown of the major components of our total net asset value attributable to common stock as of November 30, 2025 ($ and shares in thousands, except per share data):

Components of NAV

November 30, 2025

Commercial mortgage loans

$

353,993

Real estate owned

105,466

Cash and cash equivalents and restricted cash

98,484

Due from related parties

555

Other assets

4,791

Repurchase agreements - commercial mortgage loans

(241,270

)

Loan participations sold

(47,124

)

Mortgage loan payable

(23,862

)

Due to related parties

(1,177

)

Distributions payable

(1,051

)

Interest payable

(2,573

)

Accrued stockholder servicing fees (1)

(261

)

Other liabilities

(3,442

)

Preferred stock

(89,070

)

Net asset value attributable to common stock

$

153,459

Number of outstanding shares

10,120

Aggregate NAV per share

$

15.1639

(1)
Stockholder servicing fees only apply to Class T, Class S, and Class D shares. For purposes of NAV, we recognize the stockholder servicing fee as a reduction of NAV on a monthly basis as such fee is paid. Under GAAP, we accrued the full cost of the stockholder servicing fee as an offering cost at the time we sold Class T, Class S, and Class D shares. As of November 30, 2025, we had accrued under GAAP $645 of stockholder servicing fees payable to Inland Securities Corporation (the "Dealer Manager") related to the Class T and Class D shares sold. As of November 30, 2025, we had not sold any Class S shares and, therefore, we had not accrued any stockholder servicing fees payable to the Dealer Manager related to Class S shares. Our public offering officially terminated on November 1, 2025. The Dealer Manager does not retain any of these fees, all of which are retained by, or reallowed (paid) to, participating broker-dealers and servicing broker-dealers for ongoing stockholder services performed by such broker-dealers.

The following table provides our total NAV attributable to common stock and NAV for each class of common stock in each case as of November 30, 2025 ($ and shares in thousands, except per share data):

NAV Per Share

Class P

Class A

Class T

Class S

Class D

Class I

Total

Net asset value attributable to common stock

$

129,745

$

11,340

$

4,455

$

-

$

731

$

7,190

$

153,459

Number of outstanding shares

8,563

746

290

-

48

473

10,120

NAV per share as of November 30, 2025

$

15.1522

$

15.2031

$

15.3431

$

-

$

15.2290

$

15.2046

$

15.1639

InPoint Commercial Real Estate Income Inc. published this content on December 15, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on December 15, 2025 at 21:17 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]