Formed in 2010, INAV is the industry’s first perpetual-life non-listed REIT and primarily owns and operates income-producing, single-tenant necessity retail and corporate office and industrial properties subject to long-term net leases with national or regional creditworthy tenants. INAV seeks to provide access to high-quality commercial real estate assets, providing current income, reduced overall portfolio volatility and the potential for capital appreciation for its shareholders. INAV is sponsored by an affiliate of CIM.
Company profile
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Cole Advisor Corporate Income REIT, Inc., COLE REAL ESTATE INCOME STRATEGY (DAILY NAV), INC., COLE REAL ESTATE INCOME TRUST, INC.
SEC CIK
Corporate docs
Subsidiaries
ARCP AA Ravenswood WV, LLC • ARCP AZ Vandalia OH, LLC • ARCP BK Midwest City OK, LLC • ARCP DD Austell GA, LLC • ARCP DG Ocala FL, LLC • ARCP DG Redfield SD, LLC • ARCP DG Stacy MN, LLC • ARCP DG Topeka (43rd) KS, LLC • ARCP FD Centreville AL, LLC • ARCP FD Danville VA, LLC ...
IRS number
273147801
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
17 Dec 21
15-12G
Securities registration termination
16 Dec 21
POS AM
Prospectus update (post-effective amendment)
16 Dec 21
8-K
Termination of a Material Definitive Agreement
16 Dec 21
DEFA14A
Additional proxy soliciting materials
9 Dec 21
10-Q
2021 Q3
Quarterly report
15 Nov 21
DEFA14A
Additional proxy soliciting materials
8 Nov 21
DEFA14A
Additional proxy soliciting materials
8 Nov 21
DEFA14A
Additional proxy soliciting materials
8 Nov 21
DEFA14A
Additional proxy soliciting materials
8 Nov 21
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 9.35 mm | 9.35 mm | 9.35 mm | 9.35 mm | 9.35 mm | 9.35 mm |
Cash burn (monthly) | 596.00 k | 2.05 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 18.27 mm | 62.82 mm | n/a | n/a | n/a | n/a |
Cash remaining | -8.92 mm | -53.47 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -15.0 | -26.1 | n/a | n/a | n/a | n/a |