Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 279

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 279
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UpscaleFull-Service2016122Hampton Inn & SuitesBradenton, FloridaBradentonUpscaleSelect-Service1926/2016119Homewood Suites(1)Plano, TexasHWS PlanoUpscaleExtended Stay1996/201899N/A(1)Addison, TexasAddison PropertyUpscaleExtended Stay1990/2018120Homewood Suites(1)Irving, TexasHWS Las ColinasUpscaleExtended Stay1990/2018136MarriottSt. Petersburg, FloridaSt. Pete PropertyUpper UpscaleFull-Service2001/2021209Total Rooms:1,045

(1)    As of December 31, 2024 this property was held-for-sale.

Each of the hotel properties in the NHT segment is encumbered by a mortgage securing the payment of debt of $112.2 million by NHT.

For further information on the Company’s owned real properties, see Notes 4, 5 and 6 to our consolidated financial statements.

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Item 3. Legal Proceedings

From time to time, we are party to legal proceedings that arise in the ordinary course of our business. Management is not aware of any legal proceedings of which the outcome is reasonably likely to have a material adverse effect on our results of operations or financial condition, nor are we aware of any such legal proceedings contemplated by government agencies.

Item 4. Mine Safety Disclosures

Not applicable.

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PART II — OTHER INFORMATION

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Market Information

Our common shares trade on the New York Stock Exchange (“NYSE”) under the ticker symbol “NXDT.”

Shareholder Information

On March 31, 2025, we had 44,517,013.24 common shares outstanding held by a total of approximately 838 record holders. The number of record holders is based on the records of Equiniti Trust Company, LLC, who serves as our transfer agent. The number of holders does not include individuals or entities who beneficially own shares but whose shares are held of record by a broker or clearing agency, but does include each such broker or clearing agency as one record holder.

Repurchase of Shares

On October 28, 2024, our Board authorized the Share Repurchase Program. For more information, see “Item 1. Business—2024 Highlights—Share Repurchase Program.” As of December 31, 2024