Company: NREF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001786248-25-000016
Chunk: 3

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 3
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 entities, at fair value3,883,947 4,029,214 Total Liabilities4,719,811 4,844,380 Redeemable Series B Preferred stock, $0.01 par value: 16,000,000 shares authorized; 11,012,369 and 6,695,715 shares issued and outstanding, respectively245,607 149,045 Redeemable noncontrolling interests in the OP88,727 86,164 Stockholders' Equity:Noncontrolling interest in CMBS variable interest entities3,297 3,255 

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Table of Contents

Noncontrolling interest in subsidiary95 95 Series A Preferred stock, $0.01 par value: 100,000,000 shares authorized; 1,645,000 and 1,645,000 shares issued and outstanding, respectively16 16 Common stock, $0.01 par value: 500,000,000 shares authorized; 17,721,828 and 17,461,129 shares issued and outstanding, respectively177 174 Additional paid-in capital389,300 387,892 Retained earnings (accumulated deficit)(44,650)(54,948)Total Stockholders' Equity348,235 336,484 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$5,402,380 $5,416,073 

(1) Includes credit allowance of $9.3 million and $0.8 million, respectively(2) Includes credit allowance of $1.0 million and $0.6 million, respectively

See Notes to Consolidated Financial Statements

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NEXPOINT REAL ESTATE FINANCE, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share amounts) 

(Unaudited)

For the Three Months Ended June 30,For the Six Months Ended June 30,2025202420252024Net interest income (loss)Interest income (1)$22,838 $18,233 $44,881 $16,659 Interest expense(10,769)(11,493)(21,303)(22,733)Total net interest income (loss)12,069 6,740 23,578 (6,074)Other income (loss)Change in net assets related to consolidated CMBS variable interest entities789 12,916