Offering Highlights

 

 

InPoint Commercial Real Estate Income, Inc.

 

 

 

 

 
  • Product

    InPoint primarily invests in floating rate first mortgages, credit loans and CMBS diversified by sector and location with a goal of providing current income to investors.

  • Structure

    Perpetual life Net Asset Value (NAV) real estate investment trust (REIT).

  • Advisor/Sub-Advisor

    Inland Real Estate Investment Corp. via Inland InPoint Advisor, LLC and Sound Point Capital Management, L.P. via SPCRE InPoint Advisors, LLC

  • Maximum Offering

    $2.35 billion total. $2 billion primary offering + $350 million Distribution Reinvestment Plan.

  • Offering Price

    $25 plus applicable selling commissions and dealer manager fees prior to the initial determination of our NAV. Following the determination of our NAV, InPoint’s prior month’s NAV per share (transaction price) for such class as of the last calendar day of such month (subject to material changes), plus applicable selling commission and dealer manager fees.

  • Subscriptions/NAV Frequency
    • Monthly purchases on the first calendar day of each month; subscription requests must be received at least five business days prior to the first calendar day of the month
    • NAV per share will generally be available within 15 calendar days of month end
    • Transaction price will be available on www.inland-investments.com and in prospectus supplements. If the transaction price is not made available on or before the 8th day prior to the first calendar day of the month, or a previously disclosed transaction price for that month is changed, then InPoint will provide notice of such transaction to subscribing investors.
  • Distributions

    Monthly. Not guaranteed and subject to board approval.

  • Minimum Initial Investment

    $2,500 for Class A, T, S, D shares
    $1 million for Class I shares (subject to waiver)

  • Suitability Standards

    Either (1) a net worth of at least $250,000 or (2) a gross annual income of at least $70,000 and a net worth of at least $70,000. Certain states have additional suitability standards. See the prospectus for more information.

  • Share Repurchase Plan
    • Monthly repurchases will be made at the transaction price, which is generally equal to the prior month’s NAV (subject to material changes)
    • Shares must be held for at least one year
    • Overall limit of 2% monthly and 5% of NAV per quarter
    • We are not obligated to repurchase any shares and may choose to repurchase only some, or even none, of the shares that have been requested to be repurchased in any month in our discretion
    • The share repurchase plan is subject to other limitations and our board may modify, suspend or terminate the plan at any time
  • Tax Reporting

    Form 1099-DIV. It is not anticipated that InPoint will generate UBTI (unrelated business taxable income).

Share Class Specific Fees

  • Availability

    Through transactional/brokreage accounts

  • Selling Commissions1

    Up to 6.0%

  • Dealer Manager Fees1

    Up to 1.25%

  • Stockholder Servicing Fees

    0.0%

Advisor Fees

  • Management Fee

    1.5% per annum of gross value of assets prior to initial determination of NAV, payable quarterly, and thereafter 1.25% per annum of gross value of assets, payable monthly, not to exceed 2.5% of NAV

  • Performance Fee

    20% of the excess annual total return, subject to a 7% annual hurdle, not to exceed 15% of aggregate annual total return

  • Expenses

    REIT G&A only (General and Administrative)
    No chargeback for advisor or subadvisor overhead or employee costs2

1 All upfront selling commissions and dealer manager fees will be reallowed (paid) to participating broker-dealers.

2 Except legal and marketing.

  • Availability

    Through transactional/brokreage accounts

  • Selling Commissions1

    Up to 3.0%

  • Dealer Manager Fees1

    Up to 0.50%

  • Stockholder Servicing Fees

    0.85% (Up to 8.75% maximum)

Advisor Fees

  • Management Fee

    1.5% per annum of gross value of assets prior to initial determination of NAV, payable quarterly, and thereafter 1.25% per annum of gross value of assets, payable monthly, not to exceed 2.5% of NAV

  • Performance Fee

    20% of the excess annual total return, subject to a 7% annual hurdle, not to exceed 15% of aggregate annual total return

  • Expenses

    REIT G&A only (General and Administrative)
    No chargeback for advisor or subadvisor overhead or employee costs2

1 All upfront selling commissions and dealer manager fees will be reallowed (paid) to participating broker-dealers.

2 Except legal and marketing.

  • Availability

    Through transactional/brokreage accounts

  • Selling Commissions1

    Up to 3.50%

  • Dealer Manager Fees1

    0.0%

  • Stockholder Servicing Fees

    0.85% (Up to 8.75% maximum)

Advisor Fees

  • Management Fee

    1.5% per annum of gross value of assets prior to initial determination of NAV, payable quarterly, and thereafter 1.25% per annum of gross value of assets, payable monthly, not to exceed 2.5% of NAV

  • Performance Fee

    20% of the excess annual total return, subject to a 7% annual hurdle, not to exceed 15% of aggregate annual total return

  • Expenses

    REIT G&A only (General and Administrative)
    No chargeback for advisor or subadvisor overhead or employee costs2

1 All upfront selling commissions and dealer manager fees will be reallowed (paid) to participating broker-dealers.

2 Except legal and marketing.

  • Availability

    Through fee-based (wrap) programs, registered investment advisors and fiduciary accounts

  • Selling Commissions

    0.0%

  • Dealer Manager Fees

    0.0%

  • Stockholder Servicing Fees

    0.25% (Up to 8.75% maximum)

Advisor Fees

  • Management Fee

    1.5% per annum of gross value of assets prior to initial determination of NAV, payable quarterly, and thereafter 1.25% per annum of gross value of assets, payable monthly, not to exceed 2.5% of NAV

  • Performance Fee

    20% of the excess annual total return, subject to a 7% annual hurdle, not to exceed 15% of aggregate annual total return

  • Expenses

    REIT G&A only (General and Administrative)
    No chargeback for advisor or subadvisor overhead or employee costs1

1 Except legal and marketing.

  • Availability

    Through fee-based (wrap) programs, registered investment advisors and fiduciary accounts

  • Selling Commissions

    0.0%

  • Dealer Manager Fees

    0.0%

  • Stockholder Servicing Fees

    0.0%

Advisor Fees

  • Management Fee

    1.5% per annum of gross value of assets prior to initial determination of NAV, payable quarterly, and thereafter 1.25% per annum of gross value of assets, payable monthly, not to exceed 2.5% of NAV

  • Performance Fee

    20% of the excess annual total return, subject to a 7% annual hurdle, not to exceed 15% of aggregate annual total return

  • Expenses

    REIT G&A only (General and Administrative)
    No chargeback for advisor or subadvisor overhead or employee costs1

1 Except legal and marketing.

This website is neither an offer to sell nor a solicitation of an offer to buy securities. An offering is made only by the prospectus. This material must be read in conjunction with the prospectus in order to fully understand all of the implications and risks of the offering of securities to which the prospectus relates. A copy of the prospectus must be made available to you in connection with any offering. No offering is made except by a prospectus filed with the Department of Law of the State of New York. Neither the Securities and Exchange Commission, the Attorney-General of the State of New York nor any other state securities regulator has approved or disapproved of the securities, determined if the prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

This website is neither an offer to sell nor a solicitation of an offer to buy any security which can be made only by a prospectus, or offering memorandum, which has been filed or registered with appropriate state and federal regulatory agencies, and sold only by broker dealers and registered investment advisors authorized to do so.

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 subsidiaries of Inland Real Estate Investment Corporation (Inland Investments). Inland Securities Corporation, member FINRA/SIPC, is dealer manager for investment programs sponsored by Inland Investments. For more information on Inland Securities Corporation, visit FINRA BrokerCheck.