Company: NREF
Filing Date: 2025-11-04
Form Type: 424B5
Source: 0001437749-25-033056
Chunk: 57

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-11-04
Form: 424B5
Chunk 57
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 participating broker-dealer will be determined by the dealer manager in its sole discretion based on such factors as:

| ● | the volume of sales estimated to be made by the participating broker-dealer; and |

| ● | the participating broker-dealer’s agreement to provide one or more of the following services: |

| ○ | providing internal marketing support personnel and marketing communication vehicles to assist the dealer manager in the promotion of this offering; |

| ○ | responding to investors’ inquiries concerning monthly statements, distribution rates, tax information, annual reports, redemption rights and procedures, our financial status, and the markets in which we have invested; |

| ○ | assisting investors with redemptions; and |

| ○ | providing other services requested by investors from time to time and maintaining the technology necessary to service investors. |

Also, NexPoint Securities may enter into referral agreements with third-party broker-dealers and reallow a portion of its dealer manager fee to such referring broker-dealers.

Our dealer manager provides services to us, which include conducting broker-dealer seminars, holding informational meetings and providing information and answering any questions concerning this offering.

We will pay to NexPoint Securities a dealer manager fee of up to 3.0% of the aggregate gross offering proceeds from the sale of Series C Preferred Stock in this offering. In addition to reallowing all or a portion of the dealer manager fee to participating broker-dealers as a non-accountable marketing allowance, the dealer manager fee will also be used for certain costs included in FINRA’s 10.0% cap, such as the cost of the following activities:

| ● | travel and entertainment expenses; |

| ● | compensation of our dealer manager’s employees in connection with wholesaling activities, including but not limited to their non-transaction based compensation and travel, meal and lodging expenses; |

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| ● | expenses incurred in coordinating participating broker-dealer seminars and meetings; |

| ● | wholesaling expense reimbursements paid by our dealer manager or its affiliates to other entities; |

| ● | the national and regional sales conferences of the participating broker-dealers; |

| ● | training and education meetings for registered representatives of the participating broker-dealers; and |

| ● | permissible forms of non-cash compensation to registered representatives of the participating broker-dealers, such as logo apparel items and gifts that do not exceed an aggregate value of $100 per annum per registered representative and that are not pre-conditioned on achievement of a sales target (