Company: INRE
Filing Date: 2025-03-05
Form Type: 10-K
Source: 0000950170-25-033568
Chunk: 69

Company: Inland Real Estate Income Trust, Inc.
Filing Date: 2025-03-05
Form: 10-K
Item: Item 16
Chunk 69
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ANCIAL STATEMENTSDecember 31, 2024(Dollar amounts in thousands, except per share amounts) 

As of December 31, 2024, scheduled principal payments and maturities on the Company’s debt were as follows: 

        December 31, 2024

        Scheduled Principal Payments and Maturities by Year:
        ScheduledPrincipalPayments
         
        Maturities of MortgageLoans
         
        Maturityof CreditFacility
         
        Total

        2025
        $
        295
         
        $
        92,656
         
        $
        —
         
        $
        92,951

        2026
         
        —

        44,728

        125,000

        169,728

        2027
         
        —

        —

        575,000

        575,000

        2028
         
        —

        —

        —

        —

        2029
         
        —

        —

        —

        —

        Thereafter
         
        —

        —

        —

        —

        Total
        $
        295
         
        $
        137,384
         
        $
        700,000
         
        $
        837,679

       Credit Facility Payable On February 3, 2022, the Company entered into a second amended and restated credit agreement (the “Credit Agreement”) with KeyBank National Association, individually and as administrative agent, KeyBanc Capital Markets Inc., PNC Capital Markets LLC and BofA Securities, Inc., as joint lead arrangers, and other lenders from time to time parties to the Credit Agreement (the “Credit Facility”). Pursuant to the Credit Agreement, the aggregate total commitments under the Credit Facility were increased from $350,000 to $475,000. The Credit Facility consists of the “Revolving Credit Facility” providing revolving credit commitments in an aggregate amount of $200,000 and a term loan facility (the term loans funded under such commitments, the “Term Loan”) providing term loan commitments in an aggregate amount of $275,000 (increased from $150,000). On May 17, 2022, the Company entered into a First Amendment to Credit Agreement Regarding Incremental Term Loans (the “First Amendment”), amending the terms of the Credit Agreement primarily to draw an additional $300,000 to fund the IRPF