COVID-19: Operational Update

 

 

InPoint Commercial Real Estate Income, Inc.

 

 

 

 

 

May 11, 2020

Mitchell Sabshon Joins “The Crisis Cast” to Discuss Commercial Real Estate Amidst the COVID-19 Pandemic

Mitchell Sabshon, President and CEO of Inland Real Estate Investment Corporation discusses how businesses are being directly affected by the global COVID-19 pandemic. Topics addressed by Sabshon include federal funding, mortgage challenges for both commercial and residential properties, and how businesses are evolving to meet new demands. “The Crisis Cast” is a podcast focused on crisis management in uncertain times. Lissa Druss and Thom Serafin, Chicago communications consultants, offer up observations and opinions, featuring guests with perspectives on the challenges facing today’s businesses, politicians and nonprofits. Episodes are hosted by Miram Sobh, former news anchor at “Newsradio” WBBM Chicago. "The Crisis Cast" is produced by a third party not affiliated with InPoint Commercial Real Estate Income, Inc. (InPoint), and InPoint is not responsible for its content and does not endorse or adopt any statements by anyone other than Mitchell Sabshon or any other information made available on or by "The Crisis Cast" or its producers.

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April 30, 2020

COVID-19 Stockholder Letter

On April 30, 2020, InPoint Commercial Real Estate Income, Inc. (the Company) distributed a letter to the Company’s stockholders to provide an update on the Company’s current portfolio position and actions taken since the pandemic’s onset.

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April 14, 2020

COVID-19 and Commercial Real Estate

COVID-19 quickly grew into a global pandemic that is having an impact on the health of mankind, economies, capital markets and individual businesses. The commercial real estate industry has been highly affected, primarily due to the unprecedented and necessary response including the temporary closure of non-essential businesses.

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March 27, 2020

COVID-19 Stockholder Letter

On March 27, 2020, InPoint Commercial Real Estate Income, Inc. (the Company) distributed a letter to the Company’s stockholders regarding the Company’s continuous public offering (the Offering) advising of the suspension of (i) the sale of shares of the Company’s common stock in the Offering, (ii) the Company’s share repurchase plan, (iii) the payment of distributions to the Company’s stockholders and (iv) the Company’s distribution reinvestment plan.

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Form 8-K Filed March 27, 2020 Regarding the Company’s Continuous Public Offering

View 8-K Filed March 27, 2020

InPoint’s Board of Directors Responds to COVID-19 Pandemic

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The Inland name and logo are registered trademarks being used under license. "Inland" refers to The Inland Real Estate Group of Companies, Inc. which is comprised of a group of independent legal entities some of which may be affiliates, share some common ownership or have been sponsored and managed by such entities or subsidiaries thereof including the Inland Real Estate Investment Corporation (Inland Investments) and Inland Securities Corporation. Inland Securities Corporation, member FINRA/SIPC, is dealer manager and placement agent for programs sponsored by Inland Investments and Inland Private Capital, respectively. For more information on Inland Securities Corporation, visit FINRA BrokerCheck.