Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1788

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1788
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2024, the Company, through the OP, loaned $6.5 million to NREF OP IV, L.P. ("NREF OP IV"). In connection with the loan, NREF OP IV issued a promissory note to the OP in the principal amount of $6.5 million bearing interest at 7.535%, which is payable in kind, interest only during the term and matures on April 19, 2029. On June 4, 2024 NREF OP IV paid down $0.6 million in principal. As of June 30, 2024, the outstanding principal balance is $5.9 million. NREF OP IV is a subsidiary of NREF, which is managed by an affiliate of the Adviser.

Related Party Investments

The Company, from time to time, may invest in entities managed by affiliates of the Adviser. For the six months ended and as of June 30, 2024, the Company had the following investments in entities managed or advised by, or directly or indirectly owned by entities managed or advised by, affiliates of the Adviser (in thousands).

| Related Party                                    |     | Investment        |     | Fair                 
 Value/Carrying Value |         |     | Change in Unrealized 
 Gain/(Loss)          |        |   |     | Realized    
 Gain/(Loss) |   |     | Equity in income (loss) |     |     | Interest and 
 Dividends    |       |     | Total Income |        |   |
|:-------------------------------------------------|:----|:------------------|:----|:---------------------|--------:|:----|:---------------------|-------:|:--|:----|:------------|:--|:----|:------------------------|----:|:----|:-------------|------:|:----|:-------------|-------:|:--|
| NexPoint Real Estate Finance, Inc.               |     | Common Stock      |     | $                    |  28,812 |     | $                    | (4,263 | ) |     | $           | — |     | $                       |   — |     | $            | 2,100 |     | $            | (2,163 | ) |
| NexPoint Storage Partners, Inc.                  |     | Common Stock      |     |                      |  67,256 |     |                      |   (932 | ) |     |             | — |     |                         |