Company: NREF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001786248-25-000016
Chunk: 21

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 21
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, 2025 Mortgage loans, held-for-investment$277,752 $279,587 1043.13 %10.26 %1.89Mezzanine loans, held-for-investment128,572 130,088 2177.53 %9.39 %4.08Preferred equity, held-for-investment214,915 205,807 1745.29 %10.86 %1.93Promissory notes, held-for-investment1,564 1,562 1100.00 %15.00 %1.03Revolving credit facility, held-for-investment148,600 136,746 1100.00 %13.50 %2.50$771,403 $753,790 5060.54 %10.92 %2.38Loan TypeOutstanding Face AmountCarrying Value (1)Loan CountWeighted AverageFixed 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 %2.81(1)Carrying value includes the outstanding face amount plus unamortized purchase premiums/discounts and any allowance for loan losses.(2)The weighted-average of loans paying a fixed rate is weighted on current principal balance.(3)The weighted-average coupon is weighted on outstanding face amount.(4)The weighted-average life is weighted on outstanding face amount and assumes no prepayments. The maturity date for preferred equity investments represents the maturity date of the senior mortgage, as the preferred equity investments require repayment upon the sale or refinancing of the