Company: NREF
Filing Date: 2025-03-14
Form Type: 424B5
Source: 0001437749-25-007770
Chunk: 123

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-03-14
Form: 424B5
Chunk 123
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 the legislative process and by the IRS and the U.S. Treasury Department which may result in statutory changes as well as revisions to regulations and interpretations. We cannot predict the long-term effect of any future law changes on REITs and their stockholders. Prospective investors are urged to consult with their own tax advisors regarding the effect of potential changes to the federal tax laws on an investment in our stock.

State and Local Taxes

We and our subsidiaries and stockholders may be subject to state, local or foreign taxation in various jurisdictions including those in which we or they transact business, own property or reside. We may own real property assets located in numerous jurisdictions, and may be required to file tax returns in some or all of those jurisdictions. Our state, local or foreign tax treatment and that of our stockholders may not conform to the U.S. federal income tax treatment discussed above. Prospective investors should consult their tax advisors regarding the application and effect of state and local income and other tax laws on an investment in our stock.

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PLAN OF DISTRIBUTION</div>

We may sell the securities offered by this prospectus in any one or more of the following ways from time to time:

| • | directly to investors, including through a specific bidding, auction or other process; |

| • | to investors through agents; |

| • | directly to agents; |

| • | to or through underwriters, brokers or dealers; |

| • | to the public through underwriting syndicates led by one or more managing underwriters; |

| • | to one or more underwriters acting alone for resale to investors or to the public; |

| • | through a combination of any such methods of sale; or |

| • | any other method permitted pursuant to applicable law. |

We may also sell the securities offered by this prospectus in “at the market offerings” within the meaning of Rule 415(a)(4) under the Securities Act, to or through a market maker or into an existing trading market, on an exchange or otherwise.

The accompanying prospectus supplement will set forth the terms of the offering and the method of distribution and will identify any firms acting as underwriters, dealers or agents in connection with the offering, including:

| • | the name or names of any underwriters, dealers or agents; |

| • | the purchase price of the securities and the proceeds to us from the sale; |

| • | any over-allotment options under which the underwriters may purchase additional securities from us