IPC Alternative Real Estate Income Trust Inc.
06/27/2024 | Press release | Distributed by Public on 06/27/2024 11:27
Material Event Form 8 K
Item 8.01 Other Events.
Distribution to Stockholders of Record as of June 30, 2024
The Board of Directors of IPC Alternative Real Estate Income Trust, Inc. (the "Company") has authorized a distribution for each class of its common stock in the amount per share set forth below.
|
June 30, 2024 Record Date |
||||||||||||
|
Gross |
Distribution Fee |
Net |
||||||||||
|
Class T Common Stock |
$ |
0.0885 |
$ |
0.0174 |
$ |
0.0711 |
||||||
|
Class I Common Stock |
$ |
0.0885 |
N/A |
$ |
0.0885 |
As of June 30, 2024, the Company had no outstanding shares of Class S, Class D or Class A common stock. The net distributions for each class of common stock (which represent the gross distribution less any distribution fees for the applicable class of common stock) are payable to stockholders of record of the Company as of June 30, 2024 and will be paid on or about July 3, 2024. These distributions will be paid in cash or reinvested in shares of the Company's common stock for stockholders participating in the Company's distribution reinvestment plan.