InPoint Commercial Real Estate Income, Inc., a Maryland-based real estate investment trust (REIT), has announced distributions for its common stockholders of record as of June 30, 2024. The Board of Directors has authorized payments across various classes of common stock, with gross distributions per share of $0.1042. The net distributions, which are the gross amounts minus any applicable stockholder servicing fees, are scheduled to be paid in cash around July 17, 2024.
Specifically, Class A and Class I common stockholders will receive the full gross distribution of $0.1042 per share. However, Class D and Class T stockholders will receive net distributions of $0.1008 and $0.0925 per share, respectively, after deducting servicing fees of $0.0034 for Class D and $0.0117 for Class T. Class P common stockholders, like Class A and I, will also receive the gross distribution amount without any deductions.
This planned distribution reflects the company's performance and its commitment to providing returns to its investors. InPoint Commercial Real Estate Income, Inc. operates within the real estate sector, focusing on income-generating commercial properties.
The announcement comes from a recent Form 8-K filing with the Securities and Exchange Commission, providing transparency to investors and the market on the company's financial activities. The 8-K filing also includes cautionary statements regarding forward-looking information, reminding investors that such statements are not guarantees of future performance and that actual results may vary due to various risks and uncertainties.
InPoint Commercial Real Estate Income, Inc. has a portfolio that includes real estate assets across different classes, and it operates with an emphasis on generating stable income for its investors. The distributions are part of the company's regular financial operations and reflect its ongoing activities in the commercial real estate market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.