Inpoint Coml Real Estate Income Inc · OTC:ICRP
Inpoint Coml Real Estate Income — InPoint Commercial Real Estate Income — Q3 2022 Earnings Presentation
14 slides from Inpoint Coml Real Estate Income's earnings presentation, Dec 8, 2022
Slide 1: InPoint Commercial Real Estate Income Third Quarter 2022 Results
Exhibit 99.1 InPoint Commercial Real Estate Income, Inc. Third Quarter 2022 Results December , 2022 This sales and advertising literature is neither an offer to sell nor a solicitation of an offer to buy securities. An offering is made only by the prospectus. This literature must be read in conjunct
Slide 2: Risk Factors Consider Before Investing
Risk Factors Consider Before Investing Investments in commercial real estate (CRE) credit and related securities (e.g., CMBS) are subject to the risks typically associated with the CRE underlying the investment, which include, but are not limited to: market risks such as local property supply and de
Slide 3: Risk Factors Consider Before Investing (continued)
Risk Factors Consider Before Investing (continued) · The purchase and repurchase price for shares of our common stock are generally based on our prior month’s NAV and are not based on any public trading market. A substantial portion of our assets consists of CRE debt that is valued by our Advisor, w
Slide 4: Forward-Looking Statements
Forward-Looking Statements This website and other communications by InPoint Commercial Real Estate Income, Inc. or its representatives may contain “forward-looking statements,” which are not statements of fact. These statements may be identified by terminology such as “hope, “may,” “can,” “would,” “
Slide 5: Featured Speakers
Featured Speakers Denise Kramer, CFA Don MacKinnon Matt Donnelly SVP, Investment Product Research Portfolio Manager Head of Capital Markets Inland Securities Corporation Sound Point Capital Management, LP Sound Point Capital Management, LP 5
Slide 6: Portfolio Highlights Q3 2022
Portfolio Highlights Q3 2022 st Average Investment Range of Investment Historical 1 Mortgage 1 Portfolio Size 1 Balance Balances Loan Payoffs $833M $19.4M $6-$47.7M 23 Loans 3 Average Leverage Ratio st st 1 Mortgage Weighted Historical 1 Mortgage 1 Investments 2 70.5% Avg. Years to Maturity Loan Pay
Slide 7: Q3 2022 Portfolio Highlights: Loans by Floating vs. Fixed Rate
Q3 2022 Portfolio Highlights Loans by Floating vs. Fixed Rate 2% Fixed Rate 98% Floating Rate Based on the par value of loan investments as of September 30, 2022. Subject to change without notice. *The senior position does not protect against default, and losses may still occur. Past performance is
Slide 8: Q3 2022 Portfolio Highlights: Investments by Type
Q3 2022 Portfolio Highlights Investments by Type 2% 2% Credit Loans REO 96% st st 1 1Mortg Mora tga gege Loans Investments by type are based on the par value of loan investments and the fair value of REO as of September 30, 2022. Subject to change without notice. First mortgage loans finance commerc
Slide 9: Q3 2022 Portfolio Highlights: Loans by Region
Q3 2022 Portfolio Highlights Loans by Region 1% Great 3% New Lakes 5.0% England 5% Plains 10% 26% Mid-Atlantic Southwest 17% West 38% Southeast Based on the par value of loan investments as of September 30, 2022. Subject to change without notice. 9
Slide 10: Q3 2022 Portfolio Highlights: Loans by Property Type
Q3 2022 Portfolio Highlights Loans by Property Type 2% Hospitality 7% Industrial 5% Mixed Use 5% Retail 25% Office 56% Multifamily Based on the par value of loan investments as of September 30, 2022. Subject to change without notice. 10
Slide 11: New Origination Highlight: Alcove Garner Apartments
New Origination Highlight Recent Loan Origination Alcove Garner Apartments, Garner, NC The Loan: $27 million initial funding and future funding of $1.06 million for a total loan commitment of $28.06 million Loan Terms: 1-month SOFR + 3.90%, 3 years + two 1-year extension options The Property: 170-un
Slide 12: SOFR Forward Curve
SOFR Forward Curve 1-Month Term SOFR Forward Curve 12 Source: https://www.chathamfinancial.com/technology/us-forward-curves Data available upon request.
Slide 13: Capital Markets Update
Capital Markets Update • Transitional loans are pricing ~100bps wider than last year • LTVs are decreasing on new originations and borrower extensions • 1‐month Term SOFR ~4% after four consecutive 75bps increases in the Fed funds rate • Economic overview o Inflation numbers starting to ease o Poten
Slide 14: Thank you!
INPOINT Thank you!
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