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InPoint Commercial Real Estate Income sells $9.8M in common shares

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InPoint Commercial Real Estate Income sells $9.8M in common shares

Inpoint Commercial Real Estate Income Inc. in December 2018 completed the sale of 361,776 class P common shares for about $9.8 million.

The shares were sold in connection with the private placement, which started Oct. 25, 2016, of up to $500 million of the company's class P shares to accredited investors.

As of Jan. 4, Inpoint had sold about $161.3 million of class P common shares.