Company: NXDT
Filing Date: 2025-04-23
Form Type: S-4/A
Source: 0001437749-25-012810
Chunk: 123

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-04-23
Form: S-4/A
Chunk 123
---
 Maturity 
 Date     
 3/8/2026 |
|:------------------------------|:----|:------------------|--------:|:--|:----|:---------|------:|:--|:----|:---------|
| Note A-2                      |     |                   |  21,751 |   |     |          | 10.85 | % |     | 3/8/2026 |
| Note B-1                      |     |                   |  12,517 |   |     |          |  6.85 | % |     | 3/8/2026 |
| Note B-2                      |     |                   |   3,107 |   |     |          | 10.85 | % |     | 3/8/2026 |
| Mezzanine Note 1              |     |                   |   2,738 |   |     |          | 10.85 | % |     | 3/8/2026 |
| Mezzanine Note 2              |     |                   |     391 |   |     |          | 10.85 | % |     | 3/8/2026 |
| Mortgages payable             |     |                   | 139,939 |   |     |          |       |   |     |          |
| Deferred financing costs, net |     |                   |     (61 | ) |     |          |       |   |     |          |
| Mortgages payable, net        |     | $                 | 139,878 |   |     |          |       |   |     |          |

<div align='center'>78</div>

The weighted average interest rate of Old NXDT’s debt related to its Cityplace investment was 7.65% as of December 31, 2024 and 5.35% as of December 31, 2023. The one-month SOFR was 4.33% as of December 31, 2024 and 5.35% as of December 31, 2023.

The Loan Agreement contains customary events of default, including defaults in the payment of principal or interest, defaults in compliance with the covenants contained in the documents evidencing the loan, defaults in payments under any other security instrument covering any part of the property, whether junior or senior to the loan, and bankruptcy or other insolvency events. As of December 31, 2024, Old