Company: NREF
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001786248-25-000004
Chunk: 35

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 9C
Chunk 35
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gregated information about certain income statement expense line items on an annual and interim basis. The amendments are effective for fiscal years beginning after December 15, 2026, with early adoption permitted, and should be applied prospectively, with the option to apply retrospectively. The Company is currently evaluating the impact of adopting the amendments on its disclosures.

3. Loans Held for Investment, Net

The Company’s investments in mortgage loans, mezzanine loans, preferred equity, promissory notes and revolving credit facilities are accounted for as loans held for investment. The mortgage loans are presented as “Mortgage loans, held-

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for-investment, net” and the mezzanine loans, preferred equity, promissory notes and revolving credit facilities are presented as “Loans, held-for-investment, net” on the Consolidated Balance Sheets. The following tables summarize our loans held-for-investment as of December 31, 2024 and December 31, 2023, respectively (dollars in thousands):Loan TypeOutstanding Face AmountCarrying Value (1)Loan CountWeighted Average Fixed Rate (2) Coupon (3)Life (years) (4)December 31, 2024Mortgage loans, held-for-investment$260,901 $263,395 1046.23 %9.99 %2.41Mezzanine loans, held-for-investment133,207 134,870 2278.31 %9.41 %4.35Preferred equity, held-for-investment224,423 223,653 1642.43 %11.92 %2.27Promissory notes, held-for-investment4,000 3,992 2100.00 %14.69 %0.49Revolving credit facility, held-for-investment148,600 135,029 1100.00 %13.50 %3.00$771,131 $760,939 5161.31 %11.15 %2.81Loan TypeOutstanding Face AmountCarrying Value (1)Loan Count Weighted Average Fixed Rate (2)Coupon (3)Life (years) (4)December 31, 2023Mortgage loans, held-for-investment$645,277 $676,420 11100.00 %4.79 %4.49Mezzanine