secwatch.observer — SEC 8-K summary
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Issuer:     InPoint Commercial Real Estate Income, Inc. (ICR-PA)
CIK:        0001690012
Form:       8-K
Filed at:   2025-10-24T23:59:59+00:00
Accession:  0001193125-25-249987
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InPoint sells distressed office loan at 20% discount, portfolio reduced by $8.4M
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- Declared $0.1042/share distribution (8.19% annualized yield on $15.27 NAV) paid Oct 17.
- Sold a Houston office loan (9% of portfolio) at ~80% of principal, cutting portfolio value by $8.4M but adding ~$10M cash.
- Portfolio as of Sep 30: 18 loans ($382M outstanding) and 5 REO assets ($105M FMV) for $487M total.
- Five loans rated 4 or 5 (highest risk) total $68M; specific loan loss reserve of $4.4M.
- Office exposure reduced from 25% to 18% after sale; multifamily remains 77% of loan portfolio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690012/000119312525249987/0001193125-25-249987-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690012/000119312525249987/ck0001690012-20251024.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-249987

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