InPoint REIT sets distributions for common stockholders

Published 30/01/2025, 23:34
InPoint REIT sets distributions for common stockholders

InPoint Commercial Real Estate Income, Inc., a Maryland-incorporated real estate investment trust (REIT), has announced distributions for its common stockholders of record as of January 31, 2025. According to a recent filing with the Securities and Exchange Commission, the Board of Directors has approved payment amounts per share for different classes of common stock.

Stockholders of Class A, Class I, and Class P common stock will receive a gross distribution of $0.1042 per share. Class D stockholders are also set to receive $0.1042 per share but will have a stockholder servicing fee of $0.0035 deducted, resulting in a net distribution of $0.1007. Similarly, Class T stockholders will receive a gross distribution of $0.1042 per share, with a higher servicing fee of $0.0119, leaving a net distribution of $0.0923.

The payments are scheduled to be made in cash on or around February 18, 2025. The distributions reflect the company’s commitment to providing returns to its investors, and the announcement follows standard regulatory requirements for public companies to disclose material financial events.

InPoint Commercial Real Estate Income, Inc. specializes in the real estate and construction sector and is listed on the New York Stock Exchange under the trading symbol ICR PR A for its 6.75% Series A Cumulative Redeemable Preferred Stock. The company’s primary business address is in Oak Brook, Illinois.

This announcement of distributions is based on the information contained in the company’s latest 8-K filing and does not include any forward-looking statements or projections beyond the specified payment details.

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