InPoint Updates NAV

The company reports over $153 million in common stock NAV as of November 30, reflecting loan activity and asset shifts.

December 16, 2025

November NAV Update Offers a Post-Offering Snapshot

InPoint Commercial Real Estate Income, Inc. has released its latest monthly NAV update, showing a total of $153.5 million in net asset value tied to its common stock classes as of November 30, 2025. The update follows the formal close of its public offering on November 1 and offers investors a clear view into the company’s financial position going into year-end.

This monthly NAV reporting—based on board-approved valuation guidelines—helps keep investors aligned with shifts across the portfolio. The breakdown includes a full snapshot of assets and liabilities, updated with the same regular cadence that investors have come to expect.

Key Asset Components

At the top of the balance sheet:

• $354 million in commercial mortgage loans


• $105.5 million in real estate owned


• $98 million in cash and cash equivalents

Together, these assets reflect InPoint’s active positioning across real estate debt and equity.

Liabilities and Capital Structure

On the liability side, the company reported:

• $241 million in repurchase agreements


• $47 million in loan participations sold


• $23.9 million mortgage loan payable


• $89 million in preferred stock

The reported aggregate NAV per share stood at $15.1639. NAV per share by class ranged from $15.1522(Class P) to $15.3431(Class T), with no Class S shares outstanding at the time. The company calculates these values at the end of each month, with Inland InPoint Advisor, LLC overseeing the process.

Stockholder Servicing Fees and Transition

InPoint also addressed the treatment of stockholder servicing fees now that its offering period has ended. These fees, which applied to certain share classes, will continue to be accounted for monthly in NAV, though they had previously been recorded in full upfront under GAAP. All of these fees are allocated to participating broker-dealers that manage ongoing investor support.

With its offering complete, InPoint is moving forward with a focus on transparency and regular reporting. Each NAV release offers investors a timely view into the health and structure of the company’s commercial real estate strategy—supporting informed decisions based on current, detailed data.