---
schema_version: "secwatch.filing_event.v1"
accession: "0001959961-25-000013"
form_type: "8-K"
ticker: null
cik: "0001959961"
company_name: "IPC Alternative Real Estate Income Trust, Inc."
filed_at: "2025-09-03T23:59:59+00:00"
generated_at: "2026-05-17T08:39:39.476906+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# IPC Alternative Real Estate Income Trust launches private offering, creates Class X-1 and X-2 shares

## Summary
- Private offering of Class I, X-1, and X-2 common shares began Aug 28, 2025; no dealer fees, commissions, or distribution fees.
- Advisory fee: 1.00% of NAV for Class X-1, 0.75% of NAV for Class X-2 shares under amended advisory agreement.
- Special Limited Partner gets performance allocation on Class X-1: 10% catch-up and 10% excess after 5% hurdle (high-water mark).
- Articles of Amendment redesignated 100M shares each from Class T, S, D, I into Class X-1 and X-2; new conversion and liquidation rights set.
- Share repurchase plan and distribution reinvestment plan amended to include Class X-1 and X-2 shares.

## SEC filing metadata
- accession: 0001959961-25-000013
- form_type: 8-K
- cik: 0001959961
- company_name: IPC Alternative Real Estate Income Trust, Inc.
- filed_at: 2025-09-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1959961/000195996125000013/0001959961-25-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1959961/000195996125000013/ck0001959961-20250828.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001959961-25-000013
- JSON: https://secwatch.observer/filing/0001959961-25-000013.json
- Plain text: https://secwatch.observer/filing/0001959961-25-000013.txt

## Key facts
- Governance Changes
  IPC Alternative Real Estate Income Trust, Inc.: Redesignation of authorized but unissued shares into Class X-1 and Class X-2 common shares and revision of charter definitions (effective 2025-08-28).
  - Change: charter amendment
  - Effective: 2025-08-28
  source text: On August 28, 2025, the Company filed Articles of Amendment (the “Articles of Amendment”) to its charter with the Maryland State Department of Assessments and Taxation (“SDAT”) to reflect that the board of directors of the Company (the “Board of Directors”), by duly adopted resolutions, (i) redesignated 100,000,000 authorized but unissued shares of Class T common stock, $0.01 par value per share, as Class X-1 Common Shares, (ii) redesignated 100,000,000 authorized but unissued shares of Class S common stock, $0.01 par value per share, as Class X-1 Common Shares, (iii) redesignated 100,000,000 authorized but unissued shares of Class D common stock, $0.01 par value per share, as Class X-2 Common Shares and (iv) redesignated 100,000,000 authorized but unissued Class I Common Shares as Class X-2 Common Shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1959961/000195996125000013/0001959961-25-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.