InPoint Commercial Real Estate Income Inc in January finished a sale of approximately 330,269 class P common shares for proceeds of about $8.9 million.
The sale was connected to the private placement of up to $500 million of class P shares to accredited investors that began on Oct. 25, 2016.
The company has now sold approximately 2,070,077 class P shares for gross proceeds of about $55.5 million as of Feb. 2.
