Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 2279

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 2279
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:|:----|:--------------------------|------:|:----|:------|--------:|
| 2024       |     | $                 |       — |     | $                 | 28,250 |     | $             |      — |     | $                         |     — |     | $     |  28,250 |
| 2025       |     |                   | 141,714 |     |                   | 11,000 |     |               | 13,250 |     |                           |     — |     |       | 165,964 |
| 2026       |     |                   |       — |     |                   |      — |     |               |      — |     |                           |     — |     |       |       — |
| 2027       |     |                   |       — |     |                   |      — |     |               |      — |     |                           |     — |     |       |       — |
| 2028       |     |                   |       — |     |                   |      — |     |               |      — |     |                           |     — |     |       |       — |
| Thereafter |     |                   |       — |     |                   |      — |     |               |      — |     |                           | 1,441 |     |       |   1,441 |
| Total      |     | $                 | 141,714 |     | $                 | 39,250 |     | $             | 13,250 |     | $                         | 1,441 |     | $     | 195,655 |

Management believes that the Company has sufficient access to capital to ensure the Company is able to meet its obligations as they become due.

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I-1823</div>

6. Variable Interest Entities

As of March 31, 2024 and 2023, the Company does not consolidate the investments below as it does not have a controlling financial interest in these investments:

| Entities                                                 |     | Instrument       |     | Asset Type           |     | Percentage Ownership as of March 31, 2024 |       |       |     | Percentage Ownership as of March 31, 2023 |      |   |     | Relationship as of March 31, 2024 |     | Relationship as of March 31, 2023 |     |
|:---------------------------------------------------------|:----|:-----------------