InPoint Commercial Real Estate Income: Investment Losses

Have you suffered investment losses in InPoint Commercial Real Estate Income? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.

The CEO and chairman of InPoint Commercial Real Estate Income Inc., a non-traded real estate investment trust (REIT), has reportedly announced his resignation effective November 30, 2024, citing personal reasons unrelated to company operations or policies, according to the DI Wire. The executive has reportedly led the REIT since its launch in 2016.

InPoint reported a slight decline in its net asset value (NAV) as of October 31, 2024, at $166.6 million, a 0.18% drop from September. The REIT recently advised InPoint shareholders to reject a mini-tender offer from West 4 Capital LP, which sought to purchase shares at a price 53.6% below the REIT’s estimated NAV.

InPoint Commercial Real Estate Income Suspends Repurchases

Unfortunately for investors, the commercial mortgage non-traded REIT, announced the company has suspended its continuous public offering and share repurchase plan as of Feb. 10, 2023, according to an 8-K filing with the SEC.   

The company said the suspension was due to the pace of fundraising in their current public offering and the amount of monthly redemption requests, which are currently more than its fundraising.   

The primary offering, share repurchase plan, and distribution reinvestment plan will reportedly remain suspended until further notice. InPoint noted it plans to evaluate strategic alternatives available to the company.   

In 2020, the board suspended the company’s public offering, share repurchase plan, distributions, and distribution reinvestment plan during the COVID-19 pandemic, as we previously reported.   

FINRA Arbitration: Help for Investors

The White Law Group continues its investigation into the  liability that FINRA registered brokerage firms may have for improperly selling mortgage REITs, like InPoint Commercial Real Estate Income, to clients.

Fortunately, FINRA does provide an arbitration forum for investors to resolve such disputes. If a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be found liable for investment losses in a FINRA arbitration claim.

Free Consultation

If you have suffered losses investing in InPoint Commercial Real Estate Income, please call The White Law Group at 1-888-637-5510 for a free consultation.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Seattle, Washington. The firm represents investors throughout the country in claims against their brokerage firm.