InPoint Commercial Real Estate Income: Investor Losses Continue in 2026
Recent updates for InPoint Commercial Real Estate Income Inc. show continued declines that may concern investors.
As of March 31, 2026, the company reported a total net asset value (NAV) of approximately $136.6 million, representing:
- A 14.9% decline year-over-year
- A 3.1% drop from the prior month
The REIT had approximately 10.1 million shares outstanding, with NAV per share across all share classes declining by roughly 3% month-over-month.
This trend may signal ongoing pressure within the portfolio and broader commercial real estate market.
Declining NAV Per Share Across All Classes
As of March 2026, NAV per share decreased across all share classes:
- Class P: $13.4884 (down ~3.1%)
- Class A: $13.5351 (down ~3.1%)
- Class T: $13.6705 (down ~3.0%)
- Class D: $13.5645 (down ~3.1%)
- Class I: $13.5369 (down ~3.1%)
While these changes may seem modest month-to-month, the consistent downward trend may be a red flag for investors—especially those who originally purchased shares at $25 per share.
Portfolio Shrinking and Strategy Shifting
The company’s commercial mortgage loan portfolio declined to approximately $333.4 million, down from $350.9 million at the end of 2025.
The company reportedly did not originate new loans during 2025, only recently resuming lending in February 2026 with an $11.4 million loan.
Management has indicated it is considering a strategic repositioning, including:
- Selling foreclosed properties
- Reinvesting proceeds into new loans
Suspended Redemptions Remain a Key Concern
A major issue for investors is liquidity.
InPoint previously suspended its share repurchase plan and distribution reinvestment plan, and those programs remain suspended.
This means:
- Investors may be unable to sell shares back to the company
- Access to invested capital may be limited or delayed
For many retail investors, this lack of liquidity can be one of the most significant risks.
Secondary Market Losses May Be Significant
Although InPoint reports NAV in the $13–$14 range, secondary market activity suggests much lower pricing.
Shares have reportedly traded on platforms like LODAS Markets at around $7.50 per share, indicating:
- Potential substantial losses
- A disconnect between reported NAV and real-world pricing
Risks of Non-Traded REIT Investments
Non-traded REITs like InPoint can carry significant risks, including:
- Limited liquidity
- Suspended redemption programs
- High fees and commissions
- Lack of transparent pricing
- Sensitivity to commercial real estate conditions
These investments are often not suitable for conservative or income-focused investors, despite how they may have been marketed.
Can You Recover Losses from InPoint?
Investors who suffered losses in InPoint Commercial Real Estate Income Inc. may have legal options.
Brokerage firms have a duty to recommend investments that are suitable based on:
- Risk tolerance
- Investment objectives
- Financial situation
If a high-risk, illiquid non-traded REIT was recommended without proper disclosure, investors may be able to pursue claims through Financial Industry Regulatory Authority arbitration.
FINRA Arbitration vs. Class Actions
Many investors ask whether they should join a class action or file an individual claim.
In general:
- FINRA arbitration may be faster and more personalized
- Class actions typically involve larger groups with smaller losses
Investors with significant losses may benefit from exploring individual claims.
FAQs – InPoint Commercial Real Estate Income
1. Why is InPoint’s NAV declining?
Declines may reflect broader commercial real estate challenges, reduced loan activity, and asset valuation changes.
2. Can I sell my InPoint shares?
Possibly not. The company’s share repurchase program is currently suspended, limiting liquidity.
3. Are investors experiencing losses?
Yes. Declining NAV and discounted secondary market pricing suggest many investors are facing losses.
Speak with an Investment Loss Attorney
If you invested in InPoint Commercial Real Estate Income and are concerned about losses, you may want to explore your legal options.
The White Law Group represents investors nationwide in FINRA arbitration claims involving non-traded REITs and complex investments.
Call (888) 637-5510 for a free, no-obligation consultation.
