Company: NREF
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001786248-25-000004
Chunk: 88

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 9C
Chunk 88
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 Total Assets. The chief operating decision maker uses net income to evaluate profitability generated from the segment’s portfolio in deciding whether to reinvest profits into new or existing investments or into other parts of the entity, such as for acquisitions or dividend amounts. The chief operating decision maker manages the business on a consolidated basis, and therefore the Company has identified NREF as the one operating segment and the reportable segment. As of December 31, 2024 the Company’s chief operating decision maker was the VP of Originations and Investments. Subsequent to December 31, 2024, the Company's chief operating decision maker was appointed as Chief Financial Officer, Executive VP-Finance, Assistant Secretary and Treasurer of the Company.The significant segment expenses are computed in accordance with GAAP and are consistent with the financial information presented in the Consolidated Statements of Operations.

17. Subsequent Events

Dividends DeclaredThe Board declared a dividend to Series B Preferred stockholders of $0.1875 per share on January 15, 2025, paid on March 5, 2025, to Series B Preferred stockholders of record as of February 25, 2025.The Board declared a dividend to Series B Preferred stockholders of $0.1875 per share on February 19, 2025 to be paid on April 7, 2025, to Series B Preferred stockholders of record as of March 25, 2025.The Board declared the first regular quarterly dividend of 2025 to common stockholders of $0.50 per share on February 24, 2025, to be paid on March 31, 2025, to common stockholders of record on March 14, 2025.The Board declared a dividend to Series A Preferred stockholders of $0.53125 per share on February 24, 2025, to be paid on April 25, 2025, to Series A Preferred stockholders of record on April 15, 2025.Series B PreferredAs of February 28, 2025, since December 31, 2024, the Company has issued an additional 1,151,129 shares of Series B Preferred Stock for net proceeds of $25.9 million.Alewife Assignment AgreementOn January 2, 2025, OP IV and OSL entered into an Assignment and Assumption and Co-Lender Agreement, pursuant to which OP IV assigned $7.5 million interest in the Alewife Loan to OSL for cash and increased