InPoint Commercial Real Estate Income, Inc.
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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FY2025 · Filed Mar 13, 2026
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Schedule IV – Mortgage Loans on Real Estate
| Type of Loan (1) | Principal Balance (2) | Carrying Amount (2) | Property Type | Cash Coupon (2) | Periodic Payment Terms (3) | Maximum Maturity (4) |
|---|---|---|---|---|---|---|
| First Mortgage Loan 1 | $12,700 | $13,363 | Office | SOFR+4.70% | I/O | 2/9/26 (5) |
| First Mortgage Loan 2 | 13,626 | 13,424 | Office | SOFR+3.10% | I/O | 5/9/26 |
| First Mortgage Loan 3 | 24,946 | 24,039 | Multifamily | SOFR+2.90% | I/O | 5/9/26 (6) |
| First Mortgage Loan 4 | 24,081 | 24,106 | Multifamily | SOFR+3.05% | I/O | 12/9/26 |
| First Mortgage Loan 5 | 25,625 | 24,790 | Multifamily | SOFR+2.85% | I/O | 12/9/26 |
| First Mortgage Loan 6 | 39,217 | 38,788 | Multifamily | SOFR+3.05% | I/O | 12/9/26 |
| First Mortgage Loan 7 | 25,655 | 25,525 | Multifamily | SOFR+3.20% | I/O | 1/9/27 |
| First Mortgage Loan 8 | 16,040 | 16,018 | Industrial | SOFR+3.55% | I/O | 3/9/26 |
| First Mortgage Loan 9 | 15,261 | 15,239 | Multifamily | SOFR+3.30% | I/O | 2/9/27 |
| First Mortgage Loan 10 | 30,000 | 29,971 | Mixed Use | SOFR+3.04% | I/O | 3/9/27 |
| First Mortgage Loan 11 | 29,472 | 29,404 | Multifamily | SOFR+3.40% | I/O | 3/9/27 |
| First Mortgage Loan 12 | 15,227 | 14,989 | Multifamily | SOFR+3.25% | I/O | 4/9/27 |
| First Mortgage Loan 13 | 20,102 | 20,069 | Multifamily | SOFR+3.40% | I/O | 5/9/26 |
| First Mortgage Loan 14 | 51,223 | 50,679 | Multifamily | SOFR+3.45% | I/O | 6/9/27 |
| Credit Loan 1 | 7,500 | 7,489 | Office | 9.20% | I/O | 10/11/27 |
| $350,675 | $347,893 | |||||
| ____________ | ||||||
(1)
(2)
Cash coupon is the stated rate on the loan. Our first mortgage loans are all floating rate and each contains a minimum SOFR floor. As of December 31, 2025, the weighted average SOFR floor for these loans was 0.31%. An 80% undivided senior interest in First Mortgage Loan 1, which includes the right to receive priority interest payments at a rate of SOFR+2.00%, was sold by our Operating Partnership pursuant to a Loan Participation Agreement dated November 15, 2021. Our Operating Partnership has retained a 20% undivided subordinate interest in the loan.
(3)
I/O = interest only, P/I = principal and interest.
(4)
Maximum maturity assumes all extension options are exercised by the borrower, however loans may be repaid prior to such date.
(5)
During the quarter ended December 31, 2025, the Company reviewed the property performance and estimated the property value, noting that the valuation exceeded the outstanding loan balance. As a result, no asset-specific CECL reserve was recorded for the loan as of December 31, 2025. The loan matured on February 9, 2026 and was not repaid or extended. The Company sent the borrower a maturity default notice and began the foreclosure process.
(6)
The loan matures on May 9, 2026. The Company has reviewed the loan and based on the estimated LTV recorded a $0.9 million asset-specific CECL reserve as of December 31, 2025.
Schedule IV – Mortgage Loans on Real Estate
Reconciliation of Commercial Mortgage Loans, At Cost:
The following table reconciles commercial mortgage loans, at cost for the years ended:
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Balance at January 1, | $549,173 | $722,003 | $842,278 |
| Adoption of ASU 2016-13 | — | — | (4,787) |
| Balance at beginning of period after adoption | 549,173 | 722,003 | 837,491 |
| Additions during period: | |||
| Loan fundings | 2,043 | 10,217 | 23,073 |
| Amortization of deferred fees and expenses | 1,445 | 600 | 865 |
| Deductions during period: | |||
| Collections of principal | (99,369) | (123,778) | (107,520) |
| Sale of loan (1) | (47,476) | (12,749) | (17,433) |
| Transfer on foreclosure to real estate owned (2) | (61,826) | (53,887) | — |
| Reversal of (provision for) credit losses | 1,091 | (2,481) | (16,957) |
| Net fees capitalized into carrying value of loans | (1,316) | (1,184) | (999) |
| Deferred interest capitalized into carrying value of loans | 631 | — | — |
| Loan written off (3) | (5,380) | — | — |
| Charge-offs (4) | 8,877 | 10,432 | 3,483 |
| Balance at December 31, | $347,893 | $549,173 | $722,003 |
(1)
The Company soldone loan during 2025, one loan during 2024 andone loan during 2023. See Note 3 and Note 5 for further information.
(2)
The Company acquiredone multifamily andone office property during 2025. The Company acquiredone multifamily andtwo office properties during 2024. See Note 13 for further information.
(3)
Relates to write-off of a loan. See Note 3 for further information.
(4)
Relates to the acquisition of properties secured by senior loans, sale of loans, settlement of a loan and write-off of a loan. See Note 3, Note 5 and Note 13 for additional information.
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