ICRP InPoint Commercial Real Estate Income, Inc.

NEUTRAL Impact: 3/10 8-K
Horizon months Filed May 15, 2026 Processed 8d 5h ago SEC 0001193125-26-226806
8-K context-dependent: Items 8.01

Price Chart

Loading chart...

Executive Summary

InPoint Commercial Real Estate Income, Inc. disclosed its April 30, 2026 net asset value (NAV) per share of $13.4029, down from $13.4410 in the prior month (March 31, 2026). The decline reflects a $3.1M reduction in NAV attributable to common stock, driven by lower commercial mortgage loan values and increased leverage. This is a routine monthly NAV update with no material operational or credit event.

Actionable Insight

Monitor next month's NAV update for continued erosion in loan portfolio values or leverage trends. The preferred stock (ICR PR A) is not directly impacted by this routine NAV fluctuation — credit coverage remains adequate with $135.6M common equity cushion below $88.9M preferred.

Key Facts

  • Aggregate NAV per share as of April 30, 2026: $13.4029
  • Total NAV attributable to common stock: $135.6 million
  • Commercial mortgage loans: $319.9 million (largest asset)
  • Repurchase agreements (debt): $205.7 million
  • Preferred stock liquidation preference: $88.9 million
  • Outstanding common shares: 10.12 million
  • Public offering terminated November 1, 2025

Financial Impact

NAV per share declined ~$0.038 (0.28%) from prior month; total common NAV down ~$3.1M

net asset value per sharetotal net asset value attributable to common stock

Risk Factors

  • Continued decline in commercial real estate values could pressure NAV further
  • High leverage (repurchase agreements + loan participations = $253.5M vs. $319.9M loans) increases sensitivity to market downturns
  • No prior-month NAV comparison provided in filing — trend analysis limited

Market Snapshot

Exchange
OTC
Sector
Real Estate Investment Trusts

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001193125-26-226806
Document: 0001193125-26-226806-index-headers.html0001193125-26-226806
Document: 0001193125-26-226806-index.html0001193125-26-226806
Document: 0001193125-26-226806.txt0001193125-26-226806

US Market Status

Market Closed — Opens Tue (35h 11m)

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access