InPoint REIT updates NAV per share as of March 31, 2025

InPoint Commercial Real Estate Income, Inc., a Maryland-based real estate investment trust (REIT), disclosed its updated net asset value (NAV) per share for March 31, 2025, in a recent 8-K filing with the Securities and Exchange Commission (SEC). As per the company’s valuation guidelines approved by its board of directors, the NAV per share is calculated monthly and made available on the company’s website.

The company, which operates under the ticker NYSE:ICR PR A, reported a total NAV attributable to common stock of $160,475,000. The NAV per share stood at $15.8604, based on 10,118,000 outstanding shares. The reported NAV reflects the value of the company’s commercial mortgage loans, real estate owned, cash, and other assets, offset by liabilities including repurchase agreements, loan participations sold, and preferred stock.

The NAV calculation is a critical measure for REITs, providing investors with an insight into the company’s asset values relative to its stock price. The company has not sold any Class S shares of common stock in its public offering as of the reporting date and announced the suspension of the sale of shares in the primary portion of its public offering and through its distribution reinvestment plan since January 30, 2023.

The filing provided a detailed breakdown of the major components contributing to the NAV, such as commercial mortgage loans valued at $552,906,000 and real estate owned at $43,746,000. Cash and equivalents, including restricted cash, amounted to $59,123,000, while other assets totaled $5,364,000. The liabilities included repurchase agreements at $357,835,000 and loan participations sold at $48,538,000, among others.

The company’s NAV per share for different classes of common stock varied slightly, with Class P shares at $15.8491, Class A shares at $15.8996, Class T shares at $16.0078, Class D shares at $15.9126, and Class I shares at $15.8999.

This financial update, based on the SEC filing, provides investors with the latest information on InPoint Commercial Real Estate Income, Inc.’s asset valuation and is indicative of the company’s financial position as of the end of March 2025.

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