IPC Alternative REIT Reports $142.1M Total NAV, Up 0.86% for March

IPC Alternative Real Estate Income Trust Inc. – a nontraded real estate investment trust sponsored by Inland – reported a total net asset value of approximately $142.1 million as of March 31, an increase of approximately 0.86% from the prior month.

As of the end of March, the company reported $418 million in real estate investments across 35 properties – healthcare (80%), student housing (11%), and self-storage (9%).

The monthly net asset value per share for its classes of common stock, as of March 31, 2026, was as follows.

Class T shares had a NAV per share of $23.5774 compared to $23.4211 the previous month, an increase of approximately 0.67%.

Class D shares had a NAV per share of $23.5324, compared to $23.366 the previous month, an increase of approximately 0.71%.

Class X-1 shares had a NAV per share of $23.4771, compared to $23.4833 the previous month, a decline of approximately 0.03%.

Class S, I, and X-2 shares had a NAV per share of $23.513, compared to $23.355 the previous month, an increase of approximately 0.68%.

As of April 15, the REIT had not sold any Class S or Class X-2 shares. Until it sells shares of Class S or X-2 common stock, the transaction price for these classes is based on the NAV per share of its Class I shares as of the end of March.

Previously reported by AltsWire, the company announced the January 2026 board appointments of Alan Feldman, a senior fellow at the Zell-Lurie Real Estate Center at The Wharton School, and Tony Chereso, chief executive officer and president of The Inland Real Estate Companies LLC. Feldman is serving as an independent director and member of all board committees, including as chair of the affiliate transaction committee.

The REIT is currently offering on a continuous basis up to $1.25 billion in shares of common stock, consisting of up to $1 billion in shares in its primary offering and up to $250 million in shares pursuant to its distribution reinvestment plan. As of April 15, the company had issued and sold 581,656 shares of common stock in the primary offering for total proceeds of $14.1 million, and 10,353 shares of common stock pursuant to its distribution reinvestment plan for a total value of $0.2 million. It intends to continue selling shares on a monthly basis.

Visit the AltsWire directory page.