Company: NREF
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001786248-25-000010
Chunk: 38

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 8
Chunk 38
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 Fair ValueCarryingValueLevel 1Level 2Level 3TotalAssetsCash and cash equivalents$19,224 $19,224 $— $— $19,224 Restricted cash4,264 4,264 — — 4,264 Loans, held-for-investment, net489,942 — — 500,171 500,171 Preferred stock investments, at fair value73,962 — — 73,962 73,962 Common stock investments, at fair value55,975 — — 55,975 55,975 Equity method investments1,556 — — 1,556 1,556 Mortgage loans, held-for-investment, net273,452 — — 271,083 271,083 Accrued interest40,316 40,316 — — 40,316 Mortgage loans held in variable interest entities, at fair value4,235,748 — 4,235,748 — 4,235,748 CMBS structured pass-through certificates, at fair value39,852 — 39,852 — 39,852 Stock warrant investments42,573 — — 42,573 42,573 Accounts receivable and other assets1,000 889 111 — 1,000 Total Assets$5,277,864 $64,693 $4,275,711 $945,320 $5,285,724 LiabilitiesSecured financing agreements, net$252,690 $— $— $269,984 $269,984 Master repurchase agreements258,598 — — 258,598 258,598 Unsecured notes, net221,395 — 216,291 — 216,291 Mortgages payable, net95,390 — — 92,720 92,720 Accounts payable and other accrued liabilities8,725 8,725 — — 8,725 Accrued interest payable13,036 13,036 — — 13,036 Bonds payable held in variable interest entities, at fair value3,928,411 — 3,928,411 — 3,928,411 Total Liabilities$4,778,245 $21,