IPOGrid
0001959961
IPO filing research
IPC Alternative Real Estate Income Trust, Inc.
Real Estate Investment Trusts
ipo
filed
S-11
IPC Alternative Real Estate Income Trust, Inc. IPO research page with SEC filing history, offering status, deal terms, structured filing extracts, company news, and comparable IPO context. Latest filing: S-11 on 2026-09-25.
Filing Timeline
SEC EDGAR
S-11
filed
Real estate registration statement
Registration statement filed for a real estate issuer or REIT offering.
Follows 424B3 in the pre-IPO sequence.
Class D share · Underwriters Dealer Manager
2026-09-25 · 0001193125-26-402468
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
of these classes once we have share
2026-09-15 · 0001193125-26-391805
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
Range $23.46 to $23.52
of these classes once we have share
2026-08-14 · 0001193125-26-351963
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2026-08-10 · 0001193125-26-342188
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows S-11/A and confirms the priced prospectus.
of these classes once we have share
2026-07-15 · 0001193125-26-304646
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows S-11 and confirms the priced prospectus.
of these classes once we have share
2026-06-15 · 0001193125-26-270937
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows DRS/A and confirms the priced prospectus.
Class T, Class S, Class D, Class I, Class X-1, Class X-2 · Flags units
2026-05-15 · 0001193125-26-226391
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows DRS and confirms the priced prospectus.
Use of proceeds Investment in Operating Partnership · Flags units
2026-04-24 · 0001959961-26-000007
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
First tracked pre-IPO filing for this issuer.
of these classes once we have share
2026-04-15 · 0001193125-26-156644
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 424B3 and marks the registration effective.
2026-04-13 · 9999999995-26-001162
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2026-03-18 · 0001959961-26-000006
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Class T, Class S, Class D, Class I, Class X-1, Class X-2
2026-03-16 · 0001193125-26-108081
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
6,036 shares · Gross proceeds $13,400,000
of these classes once we have share · Class A Units · Use of proceeds Debt repayment, working capital, and acquisitions
2026-02-12 · 0001193125-26-048246
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
of these classes once we have share
2026-01-15 · 0001193125-26-013828
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2026-01-07 · 0001193125-26-006082
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
T; S; D; I; X-1; X-2 · Use of proceeds to disclose transaction prices and NAV per share
2025-12-15 · 0001193125-25-318869
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Multiple · Use of proceeds Debt repayment, working capital, and acquisitions
2025-11-14 · 0001193125-25-282644
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-10-22 · 0001193125-25-246530
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
472,339 shares · Gross proceeds $11,500,000
of these classes once we have share
2025-10-15 · 0001193125-25-240182
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Class T, Class S, Class D, Class I, Class X-1, Class X-2 · Exchange OTC · Ticker IPC · Units · Flags units
2025-09-15 · 0001193125-25-203144
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
1 shares
Class I, Class X-1, Class X-2 · Operating Partnership units corresponding to share classes · Use of proceeds Proceeds would be used for acquisitions, debt repayment, and working capital · Flags units
2025-08-28 · 0001959961-25-000011
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-08-22 · 0001959961-25-000007
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Gross proceeds $10,300,000
Common Stock
2025-08-15 · 0000950170-25-109264
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-07-15 · 0000950170-25-095834
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Gross proceeds $8,340,000
Class T, Class S, Class D, Class I · Use of proceeds For acquisitions, working capital, and general corporate purposes
2025-06-16 · 0000950170-25-086670
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
Price $23.82 · Gross proceeds $7,500,000
Class I · Use of proceeds Proceeds from primary offering used for working capital, acquisitions, and debt repayment.
2025-05-15 · 0000950170-25-072305
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 424B3 and marks the registration effective.
2025-04-16 · 9999999995-25-001125
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $23.91 · Gross proceeds $6,800,000
T,S,D,I · Use of proceeds for the Company's operations and general corporate purposes
2025-04-15 · 0000950170-25-054118
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-03-19 · 0000950170-25-041904
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-03-14 · 0000950170-25-039188
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-02-14 · 0000950170-25-020728
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
206,520 shares · Gross proceeds $5,100,000
Class T; Class S; Class D; Class I · Class A Units · Use of proceeds Proceeds from the primary offering will be used for acquisitions, working capital, and other general corporate purposes
2025-01-15 · 0000950170-25-005790
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2024-12-16 · 0000950170-24-136577
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $24.14 · 175,759 shares · Gross proceeds $4,400,000
Class T · Use of proceeds general corporate purposes
2024-11-15 · 0000950170-24-127445
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $23.92 · 172,104 shares · Gross proceeds $4,300,000
Class T, S, D, I · Class A Units · Use of proceeds Proceeds from the primary offering are intended for acquisitions, working capital, and other general corporate purposes. · Flags units
2024-10-15 · 0000950170-24-114615
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $24.06 · Range $23.94 to $24.06
Class T; Class S; Class D; Class I · Class A Units · Use of proceeds Debt repayment, working capital, and acquisitions · Flags units
2024-09-16 · 0000950170-24-106786
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $24.20 · Gross proceeds $2,900,000
Class T, S, D, I · Class A Units · Use of proceeds working capital and acquisitions · Flags units
2024-08-15 · 0000950170-24-097504
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
Range $24.77 to $24.89 · Gross proceeds $2,900,000
Class T, S, D, I · Use of proceeds Proceeds from primary offering will be used for acquisitions, working capital, and other general corporate purposes.
2024-07-15 · 0000950170-24-083530
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 424B3 and marks the registration effective.
2024-06-14 · 9999999995-24-001850
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
111,693 shares · Gross proceeds $2,800,000
Common Stock · Use of proceeds Proceeds are used for general corporate purposes
2024-06-14 · 0000950170-24-073557
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $25.20 · Gross proceeds $2,700,000
Class I, Class S, Class D, Class T · Units · Use of proceeds Acquisitions, working capital, and general corporate purposes · Flags units
2024-05-15 · 0000950170-24-060336
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $25.02 · Gross proceeds $2,600,000
Class T, Class S, Class D, Class I · Class T and Class I units · Use of proceeds Acquisitions, working capital, and general corporate purposes · Flags units
The current 424B3 filing updates the transaction price for all share classes of IPC Alternative Real Estate Income Trust, Inc. as of May 1, 2024, at $25.0162 per share. It provides the March 31, 2024 net asset value (NAV) per share, confirms the closing of the Storage V Transaction involving self-storage properties, and updates the status of the ongoing $1.25 billion share offering. The filing also details NAV calculations, share class breakdowns, and assumptions used in property valuations.
2024-04-15 · 0000950170-24-044491
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
The current filing updates the transaction prices for IPC Alternative Real Estate Income Trust, Inc.'s common stock classes as of April 1, 2024, and provides the February 29, 2024 net asset value (NAV) per share. It also outlines the status of the ongoing public offering, including proceeds from the primary offering and distribution reinvestment plan. The filing emphasizes the company's focus on healthcare, life sciences, and senior living properties, highlighting associated risks.
2024-03-20 · 0000950170-24-034226
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $25.01 · Gross proceeds $2,600,000
Class I · Use of proceeds Proceeds from the primary offering will be used for acquisitions, working capital, and other general corporate purposes.
The current filing updates the transaction price for IPC Alternative Real Estate Income Trust, Inc.'s common stock classes to $25.0134 per share as of April 1, 2024, and provides the February 29, 2024 net asset value (NAV) per share. It also updates the status of the ongoing $1.25 billion public offering, noting the issuance of 103,662 Class I shares for $2.6 million. The filing references the anticipated completion of the Storage V Transaction, involving the acquisition of self-storage assets from an affiliate of the sponsor, with the deal expected to close by April 1, 2024.
2024-03-15 · 0000950170-24-032105
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $24.78 · Gross proceeds $2,800,000
Class I · Ticker IPC · Operating Partnership Units · Use of proceeds for general corporate purposes and acquisitions · Flags units
IPC Alternative Real Estate Income Trust, Inc. updated its prospectus supplement with key details on transaction prices, NAV calculations, offering status, and a new affiliate transaction. The filing discloses the March 1, 2024 transaction price for all share classes at $24.7801, reflects the January 31, 2024 NAV per share, and announces a tender offer to acquire Storage V Trust interests. The offering remains active with $1.25 billion in shares available, and the company disclosed risks related to valuation assumptions and affiliate transaction dependencies.
2024-02-15 · 0000950170-24-015870
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $24.76 · 109,613 shares · Gross proceeds $2,750,000
Class T, Class S, Class D, Class I
The current filing updates the transaction price for IPC Alternative Real Estate Income Trust, Inc.'s common stock classes as of February 1, 2024, and provides the December 31, 2023 net asset value (NAV) per share. It also reports the status of the ongoing public offering, which has raised $2.75 million to date, and announces the expansion of the board of directors with two new independent directors. The filing emphasizes the sensitivity of NAV to property valuation assumptions and highlights ongoing offering activities.
2024-01-16 · 0000950170-24-004585
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $24.89
Class T, Class S, Class D, Class I · Use of proceeds Proceeds from the offering are used for the company's operations and investments
IPC Alternative Real Estate Income Trust, Inc. updated its prospectus supplement to reflect the transaction price for common stock classes as of January 2, 2024, and the November 30, 2023 net asset value (NAV) per share. The filing also provided an update on the ongoing public offering, including escrow release details for Pennsylvania investors, and revised the property management agreement for a healthcare portfolio asset. A new subscription agreement was included.
2023-12-15 · 0000950170-23-070742
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $25.09
Class T, Class S, Class D, Class I · Class A Units and Class I Shares · Use of proceeds Proceeds will be used for acquisitions, working capital, and other general corporate purposes. · Flags units
The current filing updates the transaction prices for IPC Alternative Real Estate Income Trust, Inc.'s common stock classes as of December 1, 2023, and provides the October 31, 2023 net asset value (NAV) per share. It also includes an update on the ongoing public offering, which commenced on September 28, 2023, with a target of $1.25 billion in shares. The filing incorporates the company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, and details the NAV calculation methodology, including sensitivity to property-type assumptions like discount rates and exit capitalization rates.
2023-11-15 · 0000950170-23-064122
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
The current filing updates the prospectus for IPC Alternative Real Estate Income Trust, Inc., providing details on transaction prices for common stock classes as of November 1, 2023, and the September 30, 2023 net asset value (NAV) per share. It also outlines the status of the $1.25 billion public offering, including continuous sales of shares through a primary offering and distribution reinvestment plan. Competitive strengths are updated to highlight Inland's experience in acquiring alternative real estate assets, such as healthcare, student housing, and self-storage properties.
2023-10-16 · 0000950170-23-053520
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 424B3 and marks the registration effective.
IPC Alternative Real Estate Income Trust, Inc. has achieved effectiveness for its S-11 registration statement, enabling the company to proceed with its $1.25 billion public offering of common stock. The trust, externally managed by IPC Alternative Real Estate Advisor, LLC, aims to invest in stabilized, income-generating commercial real estate, with a focus on self-storage, student housing, and healthcare-related properties. The offering includes multiple share classes with varying fees and minimum investments, and the company intends to qualify as a REIT for tax purposes.
2023-09-28 · 9999999995-23-002805
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows S-11/A and confirms the priced prospectus.
Class T; Class S; Class D; Class I · Use of proceeds To acquire a diversified portfolio of commercial real estate, including self-storage, student housing, and healthcare properties. · Flags best_efforts
IPC Alternative Real Estate Income Trust, Inc. is a newly organized REIT focusing on U.S. commercial real estate, primarily self-storage, student housing, and healthcare properties. It is externally managed by IPC Alternative Real Estate Advisor, LLC, an affiliate of Inland Real Estate Investment Corporation. The trust is offering up to $1.25 billion in common stock across four classes, with proceeds used for a diversified portfolio. It is a 'blind pool' offering, meaning investments are not yet identified. The trust aims to qualify as a REIT but faces tax risks if it fails to do so. No public trading market exists for its shares, and liquidity is limited to repurchases under a plan with significant restrictions.
2023-09-28 · 0001193125-23-245765
S-11/A
amended
Amended real estate registration statement
Updated real estate registration statement filed after SEC comments or deal changes.
Updates the prior S-11 filing.
Price $1,250,000,000 · 1,250,000,000 shares · Gross proceeds $1,250,000,000
Class T, Class S, Class D, Class I · Use of proceeds To acquire a diversified portfolio of stabilized, income-generating commercial real estate, including self-storage, student housing, and healthcare-related properties. · Flags best_efforts
IPC Alternative Real Estate Income Trust, Inc. is offering up to $1.25 billion in common stock through a continuous offering, with shares priced based on net asset value (NAV) and varying fees. The trust aims to invest in commercial real estate, focusing on self-storage, student housing, and healthcare properties, while qualifying as a REIT. The offering includes four share classes with different commission structures and is a 'best efforts' offering without guaranteed sales. The trust is a 'blind pool' with no identified investments yet.
2023-09-22 · 0001193125-23-240428
S-11
filed
Real estate registration statement
Registration statement filed for a real estate issuer or REIT offering.
Follows DRS/A in the pre-IPO sequence.
IPC Alternative Real Estate Income Trust, Inc. is a newly organized corporation planning to invest primarily in U.S. commercial real estate, externally managed by IPC Alternative Real Estate Advisor, LLC. The offering seeks up to $1.25 billion in common stock, with proceeds used to acquire a diversified portfolio of income-generating properties, including self-storage, student housing, healthcare, and senior living facilities. The company aims to qualify as a REIT but currently operates as a regular corporation subject to corporate taxes. The offering includes multiple share classes with varying fees and minimum investments, and it is structured as a 'blind pool' with no prior investments identified.
2023-06-16 · 0001193125-23-169131
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS filing.
IPC Alternative Real Estate Income Trust, Inc. is a newly organized Maryland corporation seeking to invest primarily in U.S. commercial real estate through a $1.25B offering of common stock. The trust is externally managed by IPC Alternative Real Estate Advisor, LLC, an affiliate of Inland Real Estate Investment Corporation. The offering includes four share classes with varying fees and minimum investments, targeting stabilized income-generating assets across alternative property types. The filing includes detailed pricing structures, distribution plans, and risk disclosures, with a focus on real estate investment trust (REIT) qualification.
2023-05-02 · 0000950123-23-003602
DRS
filed
Draft registration statement
Draft registration filed confidentially before the public launch.
First tracked pre-IPO filing for this issuer.
IPC Alternative Real Estate Income Trust, Inc. is a newly organized REIT planning to raise up to $1.25 billion through a continuous offering of common stock. The trust will invest in U.S. commercial real estate, focusing on self-storage, student housing, medical/healthcare, and senior living facilities. It is externally managed by IPC Alternative Real Estate Advisor, LLC, an affiliate of Inland Real Estate Investment Corporation. The offering includes four share classes with varying fees and minimum investments. The trust is a 'blind pool,' meaning investments will be made without prior shareholder review.
2023-02-02 · 0000950123-23-000634
Comparable Deals
1 comparable deal
FinancialsLast 18 months
Only 0 strict matches; expanded to 1 using nearest neighbors.
Recent News
No recent news stored for this issuer.