Company: NXDT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001356115-25-000014
Chunk: 12

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 8
Chunk 12
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 liabilities was $0.3 million for the three months ended March 31, 2025 and $0.3 million for the three months ended March 31, 2024. The net amount amortized as an increase to rental revenue for capitalized above and below-market lease intangibles was $0.2 million for the three months ended March 31, 2025 and $0.3 million for the three months ended March 31, 2024.

11

AcquisitionsThere were no acquisitions by the Company for the three months ended March 31, 2025 and 2024.Dispositions The Company sold one and zero property during the three months ended March 31, 2025 and 2024, respectively, as detailed in the table below (in thousands).Property NameLocationDate of SaleSales PriceNet Cash ProceedsGain on Sale of Real EstatePlano Homewood SuitesPlano, TexasJanuary 24, 2025$8,300 $8,154 $11 

6. Debt

The following table contains summary information of the Company’s debt as of March 31, 2025 and December 31, 2024 (dollars in thousands):Outstanding principal as ofDescriptionTypeMarch 31, 2025December 31, 2024Interest RateMaturity DateMortgages PayableCityplace Note A-1 (1)Floating$99,015 $99,435 6.69 %3/8/2026Cityplace Note A-2 (1)Floating12,465 12,517 6.69 %3/8/2026Cityplace Note B-1 (1)Floating21,660 21,751 10.69 %3/8/2026Cityplace Note B-2 (1)Floating2,727 2,738 10.69 %3/8/2026Cityplace Mezz Note-1 (1)Floating3,094 3,107 10.69 %3/8/2026Cityplace Mezz Note-2 (1)Floating390 391 10.69 %3/8/2026NHT - Note A Loan (2)Floating44,688 50,188 6.33 %9/8/2025NHT - Note B Loan (2)Floating21,516 24,165 10.79 %9/8/2025