Inpoint Coml Real Estate Income Mutual Fund Stock Price, News & Analysis

InPoint Commercial Real Estate Income, Inc. (ICRP) is a corporation organized in Maryland, identified in SEC filings under Commission File Number 001-40833 and IRS Employer Identification Number 32-0506267. According to its SEC reports, the company is known as InPoint Commercial Real Estate Income, Inc. and has issued multiple classes of common stock, including Class A, Class D, Class I, Class P and Class T shares. The ticker ICRP on Stock Titan refers specifically to the company’s Class P preferred or common equity as designated in market data, while the SEC filings describe the broader capital structure.

Filings show that InPoint Commercial Real Estate Income, Inc. maintains operations connected to commercial real estate and related income-generating activities. The company reports components of its net asset value (NAV) that include commercial mortgage loans, real estate owned, cash and cash equivalents, repurchase agreements on commercial mortgage loans, loan participations sold, mortgage loans payable, preferred stock and other liabilities. These disclosures indicate a business focused on investing in and financing commercial real estate assets and related instruments.

InPoint Commercial Real Estate Income, Inc. calculates and publishes a monthly net asset value per share for its common stock. According to multiple Form 8-K filings, NAV per share is determined under valuation guidelines approved by the board of directors, with Inland InPoint Advisor, LLC identified as the advisor responsible for determining NAV. The company’s prospectus, referenced in the filings, contains more detail on its valuation methodology, but the 8-Ks highlight that NAV is updated as of the last calendar day of each month and broken down by share class.

The company’s capital structure, as reported in SEC filings, includes several classes of common stock (Class A, Class D, Class I, Class P and Class T). The filings provide aggregate NAV attributable to common stock and NAV per share for each class. They also describe stockholder servicing fees that apply to certain share classes (Class T, Class S and Class D), which are recognized as a reduction of NAV for those classes. The filings note that, as of specific reporting dates, no Class S shares had been sold in the public offering.

InPoint Commercial Real Estate Income, Inc. has disclosed that its board of directors has, at various times, authorized cash distributions to stockholders of record in each share class. Form 8-K reports describe distributions for Class A, Class D, Class I, Class P and Class T common stock, specifying gross distribution amounts, stockholder servicing fees where applicable, and net distributions per share. These distributions are payable in cash to stockholders of record as of specified record dates and are scheduled to be paid on later payment dates.

SEC filings also state that the company previously conducted a public offering of its shares under a registration statement referenced by number, and that the board of directors unanimously approved the suspension of the sale of shares in the primary portion of the public offering and through the amended and restated distribution reinvestment plan as of an earlier board decision. This indicates that while the company continues to report NAV and pay distributions, new primary share sales and reinvestment under that plan have been suspended as described in the filings.

The company’s filings identify Inland InPoint Advisor, LLC as the advisor responsible for NAV determination and Inland Securities Corporation as the dealer manager that receives stockholder servicing fees related to certain share classes. According to the disclosures, these servicing fees are retained by or reallowed to participating broker-dealers and servicing broker-dealers for ongoing stockholder services. The dealer manager itself does not retain these fees.

InPoint Commercial Real Estate Income, Inc. has also reported matters related to corporate governance. One Form 8-K describes the results of an annual meeting of stockholders at which directors were elected to the board and the appointment of KPMG LLP as the independent registered public accounting firm for a fiscal year was ratified. The filing provides vote counts for each director nominee and for the ratification proposal, indicating that a quorum was present in accordance with the company’s bylaws.

Additional 8-K filings reference letters to stockholders and information about the status of the company’s investment portfolio as of specific dates. These materials are furnished as exhibits and posted to the company’s website, and the filings clarify that such information is furnished rather than filed for purposes of certain liability provisions under the Securities Exchange Act of 1934. This suggests an ongoing practice of communicating portfolio status and related information to stockholders.

Based on the SEC filings provided, InPoint Commercial Real Estate Income, Inc. appears to operate as a commercial real estate–focused investment company that reports NAV-based metrics, maintains multiple share classes with differing fee structures, and makes periodic cash distributions to stockholders. The ICRP symbol on Stock Titan allows investors and researchers to track information related to this issuer and its Class P-related securities in the context of the company’s broader capital structure and real estate–oriented investment activities.

Business focus and investment activities

The company’s reported balance sheet components highlight its focus on commercial mortgage loans and real estate owned. These items, along with cash, repurchase agreements, loan participations, and preferred stock, are used to calculate total net asset value attributable to common stock. By disclosing these categories in detail, InPoint Commercial Real Estate Income, Inc. provides transparency into the composition of its commercial real estate–related investments and financing arrangements.

Share classes and fee structure

InPoint Commercial Real Estate Income, Inc. issues several classes of common stock, and its filings present NAV and share counts for each class. Stockholder servicing fees apply to certain classes and are treated as reductions of NAV for those classes in the company’s NAV reporting. The filings also distinguish between how these fees are recognized for NAV purposes and how they are accounted for under GAAP, where they are accrued as offering costs at the time of share sale.

Distributions and stockholder returns

The board of directors periodically authorizes distributions for each class of common stock. The SEC filings specify gross distribution amounts, any applicable stockholder servicing fees, and net distributions per share for each class, including Class P. These distributions are described as being paid in cash to stockholders of record as of specified record dates. This pattern of distributions is a key feature of the company’s approach to returning income generated from its commercial real estate–related assets to its stockholders.

Governance and reporting practices

Filings describing the annual meeting of stockholders and the ratification of the independent registered public accounting firm underscore the company’s adherence to formal governance processes. The use of Form 8-K to report NAV determinations, distributions, portfolio status communications, and stockholder meeting results provides investors with periodic updates on both financial metrics and governance matters related to InPoint Commercial Real Estate Income, Inc.

FAQs about InPoint Commercial Real Estate Income, Inc. (ICRP)

• What does InPoint Commercial Real Estate Income, Inc. focus on?
  

  According to its SEC filings, the company reports assets such as commercial mortgage loans and real estate owned, along with related financing arrangements. These disclosures indicate a focus on commercial real estate–related investments and income.

• How does InPoint Commercial Real Estate Income, Inc. calculate NAV per share?
  

  The company states that it calculates net asset value per share in accordance with valuation guidelines approved by its board of directors. Inland InPoint Advisor, LLC is identified as the advisor responsible for determining NAV, which is updated as of the last calendar day of each month and presented by share class.

• What share classes does the company report in its filings?
  

  SEC filings list several classes of common stock, including Class A, Class D, Class I, Class P and Class T. The filings provide NAV and share counts for each class and discuss stockholder servicing fees applicable to certain classes.

• What is the ICRP symbol associated with?
  

  On Stock Titan, ICRP refers to securities of InPoint Commercial Real Estate Income, Inc. related to its Class P designation. The company’s SEC filings describe the broader issuer and its multiple share classes, including Class P common stock.

• Does the company pay cash distributions to stockholders?
  

  Yes. Form 8-K reports show that the board of directors authorizes cash distributions for each class of common stock, including Class P. The filings specify gross and net distribution amounts per share and indicate that these distributions are paid in cash to stockholders of record as of stated record dates.

• How are stockholder servicing fees treated in the company’s reporting?
  

  Stockholder servicing fees apply to certain share classes, such as Class T, Class S and Class D. For NAV reporting, these fees are recognized as a reduction of NAV on a monthly basis as they are paid. Under GAAP, the full cost of these fees is accrued as an offering cost at the time the relevant shares are sold.

• What role does Inland InPoint Advisor, LLC play?
  

  Inland InPoint Advisor, LLC is identified in the company’s SEC filings as the advisor ultimately responsible for determining the company’s NAV per share in accordance with board-approved valuation guidelines.

• What information has the company provided about its investment portfolio?
  

  Certain Form 8-K filings reference letters to stockholders and exhibits describing the status of the company’s investment portfolio as of specific dates. These materials, furnished as exhibits and posted to the company’s website, provide additional detail on portfolio composition and status.

• Has the company held stockholder meetings reported in SEC filings?
  

  Yes. One Form 8-K describes an annual meeting of stockholders at which directors were elected and the appointment of KPMG LLP as the independent registered public accounting firm for a fiscal year was ratified, with vote totals reported for each proposal.

• Is InPoint Commercial Real Estate Income, Inc. described as an emerging growth company?
  

  In at least one Form 8-K, the company indicates by check mark that it is an emerging growth company as defined in SEC rules and notes its election regarding the use of extended transition periods for new or revised financial accounting standards.