v3.26.1
Subsequent Events
 6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
Subsequent Events

NOTE 16 – SUBSEQUENT EVENTS

In connection with the preparation of its financial statements, the Company has evaluated events that occurred through the issuance of these financial statements to determine whether any of these events required disclosure in the financial statements.

Distributions

On July 30, 2026, the Company announced that the board of directors authorized a distribution to stockholders of record as of July 31, 2026, that the Company paid on or about August 5, 2026, for each class of its common stock in the amount per share set forth below:

 

 

Gross Distribution

 

 

Distribution Fee

 

 

Net Distribution

 

Class T Common Stock

 

$

0.1042

 

 

$

0.0170

 

 

$

0.0872

 

Class D Common Stock

 

$

0.1042

 

 

$

0.0050

 

 

$

0.0992

 

Class I Common Stock

 

$

0.1042

 

 

N/A

 

 

$

0.1042

 

Class X-1 Common Stock

 

$

0.1042

 

 

N/A

 

 

$

0.1042

 

Expansion of Credit Facility

On August 6, 2026, the Operating Partnership and IPC modified the Credit Facility to provide for an increased amount of loan advances thereunder, from $22,500 to an amount not to exceed $40,000. The modification also extended the maturity date of the Credit Facility to November 30, 2027.