Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 476

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 476
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 Servicing as (1) the transfer legally isolated the transferred assets from the transferor, (2) the transferee has the right to pledge or exchange the transferred assets and no condition both constrains the transferee’s right to pledge or exchange the assets and provides more than a trivial benefit to the transferor, and (3) the transferor does not maintain effective control over the transferred assets.

As of December 31, 2022, the Company’s life settlement portfolio consists of the following (dollars in thousands):

| Number of Policies 
 Total              |     | Face Value (Death Benefit) 
 Range                      |     | Total |         |     | Acquisition Cost 
 Range            |     | Total |        |     | Premium Cost 
 Range        |     | Total |       |     | Estimated Fair Value 
 Range                |     | Total |        |
|:-------------------|:----|:---------------------------|:----|:------|--------:|:----|:-----------------|:----|:------|-------:|:----|:-------------|:----|:------|------:|:----|:---------------------|:----|:------|-------:|
| 28                 |     | $1,500 -$15,000            |     | $     | 142,952 |     | $350 - $3,895    |     | $     | 48,132 |     | $0 - $580    |     | $     | 4,589 |     | $117 - $6,095        |     | $     | 67,711 |

| Remaining Life Expectancy (in years) |     | Number |    |     | Face Value |         |     | Fair Value |        |
|:-------------------------------------|:----|:-------|---:|:----|:-----------|--------:|:----|:-----------|-------:|
| 0 - 1                                |     |        |  2 |     | $          |   7,000 |     | $          |  5,950 |
| 1 - 2                                |     |        |  2 |     |            |   7,350 |     |            |  4,774 |
| 2 - 3                                |     |        |  5 |     |            |  19,061 |     |            | 11,393 |
| 3 - 4                                |     |