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InPoint Reports Slightly Higher Net Asset Value for July

InPoint Reports Slightly Higher Net Asset Value for July . Alternative investments, Inland, InPoint, InPoint Commercial Real Estate Income, mortgage loan, real estate investment trust, REIT

InPoint Commercial Real Estate Income Inc., a commercial mortgage non-traded real estate investment trust, declared its monthly net asset value per share for its classes of common stock, as of July 31, 2023.

Class P shares had a NAV per share of $17.38 as of July 31, 2023, compared to $17.37 the previous month.

Class A shares had a NAV per share of $17.43, compared to $17.41 the previous month.

Class T shares had a NAV per share of $17.48, compared to $17.47 the previous month.

Class D shares had a NAV per share of $17.42, compared to $17.41 the previous month.

Class I shares had a NAV per share of $17.42, compared to $17.41 the previous month.

The did not sell any Class S shares of common stock in their public offering.

The REIT had 10.1 million shares outstanding at the end of July.

As The DI Wire reported in February 2023, the company suspended its continuous public offering and share repurchase plan in connection with its preferred stock offering and its amended and restated distribution reinvestment plan.

InPoint is advised by an affiliate of Inland Real Estate Investment Corporation and sub-advised by an affiliate of Sound Point Capital Management LP. Inland Securities Corporation serves as the dealer manager.

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