Company: NREF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001786248-25-000016
Chunk: 213

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 6
Chunk 213
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,874 Common Equity1,536 2,536 Preferred Stock65,500 150,000 $110,285 $224,627 

16. Segment Reporting

We have one reportable segment: NREF. For a description of the types of products and services from which this single reportable segment derives its revenues, see Notes 1 and 2. The accounting policies of the NREF segment are the same as those described in the Summary of Significant Accounting Policies. The chief operating decision maker assesses performance for the NREF segment and decides how to allocate resources based on net income that also is reported on the Consolidated Statements of Operations. The measure of segment assets is reported on the Consolidated Balance Sheets as Total Assets. The chief operating decision maker uses net income to evaluate profitability generated from the segment’s 

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portfolio in deciding whether to reinvest profits into new or existing investments or into other parts of the entity, such as for acquisitions or dividend amounts. The chief operating decision maker manages the business on a consolidated basis, and therefore the Company has identified NREF as the one operating segment and the reportable segment. As of June 30, 2025 the Company’s chief operating decision maker was the Chief Financial Officer, Executive VP-Finance, Assistant Secretary and Treasurer of the Company.The significant segment expenses are computed in accordance with GAAP and are consistent with the financial information presented in the Consolidated Statements of Operations.

17. Subsequent Events

Dividends DeclaredThe Board declared the third regular quarterly dividend of 2025 to common stockholders of $0.50 per share on July 28, 2025, to be paid on September 30, 2025, to stockholders of record as of September 15, 2025.Series B PreferredAs of August 6, 2025, the Company has issued an additional 1,159,379 shares of Series B Preferred Stock for net proceeds of $26.1 million.Series B Preferred RedemptionsOn July 21, 2025, the Company redeemed a total of 14,000 shares of the Series B Preferred Stock for $0.3 million, which is the share price of $25.00 per share subject to the applicable redemption fee plus any accrued but unpaid dividends.SFR OP II Promissory Note extensionOn July 10, 2025, the Company extended the SFR OP Note II  to July 10, 2026.Montford at Madison Park sale

On June