Company: NREF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052000
Chunk: 68

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 8
Chunk 68
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 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 September 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

48

Upsize of Series B Preferred OfferingOn October 1, 2025, the Company increased the number of authorized, classified and offered shares of its Series B Preferred Stock by 1,200,000 for a total of 17,200,000 shares of Series B Preferred Stock authorized and classified for issuance.NexPoint Storage Series G Preferred StockOn October 8, 2025, the Company, through the OP, purchased 3,178,286 shares of 15.0% Cumulative Series G Preferred Stock, $0.01 par value, of NSP for an aggregate purchase price of approximately $3.2 million.Unsecured Notes IssuanceOn October 10, 2025, the OP issued an aggregate of $45.0 million of 7.875% Senior Unsecured Notes due 2026 (the "2026 OP Notes"), pursuant to a note purchase agreement by and among the OP, the Company, the Manager, OSL and Bluerock. The 2026 OP Notes are due October 10, 2026, with two six-month extension options in the sole discretion of the OP, subject to an extension fee. The OP used a portion of the proceeds to fully repay the OP 7.50% Senior Unsecured Notes due 2025 ("7.50% OP Notes").7.50% OP Notes PayoffOn October 15, 2025, upon maturity, the OP repaid $37.9 million of its 7.50% OP Notes, which includes accrued interest, and extinguished the 7.50% OP Notes.Dividends DeclaredThe Board declared the fourth regular quarterly dividend of 2025 to common stockholders of $0.50 per share on October 28, 2025, to be paid on December 31, 2025, to stockholders of record as of December 15, 2025.Series B PreferredAs of October 31, 2025, the Company has