Inpoint Coml Real Estate Income Inc · OTC:ICRP
Inpoint Coml Real Estate Income — InPoint Commercial Real Estate Income — Corporate Update (January 2021)
9 slides from Inpoint Coml Real Estate Income's corporate update, Jan 20, 2021
Slide 1: Risk Factors – Consider Before Investing
Risk Factors – Consider Before Investing 1 Commercial real estate (CRE) credit and securities investments are subject to the risks typically associated with CRE which include, but are not limited to: market risks such as local property supply and demand conditions; tenants’ inability to pay rent; te
Slide 2: Cautionary Note Regarding Forward-Looking Statements
Cautionary Note Regarding Forward-Looking Statements 2 This presentation may include forward-looking statements about our business, including, in particular, statements about our plans, strategies and objectives. You can generally identify forward-looking statements by our use of terms such as “may,
Slide 3: Net Asset Value as of December 31, 2020
3 Net Asset Value as of December 31, 2020 Monthly NAV Supplements can be found at: inland-investments.com/inpoint/prospectus-supplements NAV is calculated in accordance with the valuation guidelines approved by our board of directors. NAV is not a measure used under generally accepted accounting pri
Slide 4: Renaissance Chicago O'Hare Appraisal
Renaissance Chicago O’Hare Appraisal 4 Updated Renaissance Chicago O’Hare Appraisal as of 12/31/20 Previous As-Is appraised value was $21,600,000 $14,000,000 is used for 12/31/20 NAV following receipt of a new appraisal, with an additional reserve based on the forward operating budget of the asset
Slide 5: Renaissance Chicago O'Hare Appraisal
Renaissance Chicago O’Hare Appraisal 5 New manager’s budget for Renaissance as well as Appraiser’s estimate of performance was worse than originally anticipated.
Slide 6: InPoint NAV
InPoint NAV 6 In addition to Renaissance Chicago O’Hare changes to NAV, the 1st mortgage portfolio NAV was updated to only value Libor Floors for a 12-month period at current Libor on entire commercial mortgage loan portfolio Net Asset Value as of December 31, 2020
Slide 7: Portfolio Overview as of 12/31/2020
For Institutional Use Only. Dissemination to prospective investors prohibited. 7 Average Leverage Ratio3 $3-$47.5 Million Average Investment Balance Weighted average of the loan-to-values at origination based on loan balance as of 12/31/20 Portfolio Size1 $455.7 Million $15.2 Million Range of Invest
Slide 8: Debt Investments: Floating vs. Fixed Rate
8 Debt Investments: Floating vs. Fixed Rate West Mid Atlantic Description of Debt Investments: First mortgage loans finance commercial real estate properties and are loans that generally have the highest priority lien among the loans in a foreclosure proceeding on the collateral securing the loan. T
Slide 9: Loans by Region and Property Type
9 Loans by Region West Mid Atlantic Based on the par value of investments as of 12/31/2020. Subject to change without notice. Loans by Property Type Office Multifamily Portfolio Overview as of 12/31/2020
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