Company: NXDT
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052132
Chunk: 205

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 205
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 the guarantee agreement. The loan is secured by certain real property held by Freedom LHV. On March 14, 2025, the Company purchased 2,754.59 shares of NexPoint Storage Partners Operating Company, LLC (the “NSP OC Common Units”) for an aggregate amount of $2.0 million, 4,638.07 shares for an aggregate amount of  $3.2 million on April 29, 2025, and 5,157.67 shares for an aggregate amount of $3.6 million on June 16, 2025. As of September 30, 2025, the Company owns approximately 59,615 Class B Units, or 33.8%, of the outstanding NSP OC Common Units.On September 1, 2023, the Company, through one of its wholly owned TRSs, entered into a contribution agreement to transfer the Structured Note in SFP and all its rights, title and interests to related party NHI and its wholly owned subsidiaries. The Company also transferred all of its ordinary shares in SFP to a separate share trustee. In exchange, the Company was issued 68,500 shares of Class A Preferred Stock in NHI and owns 74,173 and 68,254 shares, respectively, as of September 30, 2025 and 2024.

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Related Party InvestmentsThe Company, from time to time, may invest in entities managed by affiliates of the Adviser. For the nine months ended and as of September 30, 2025, the Company had the following investments in entities managed or advised by, or directly or indirectly owned by entities managed or advised by, affiliates of the Adviser (in thousands).Related PartyInvestmentFair Value/Carrying ValueChange in Unrealized Gain/(Loss)RealizedGain/(Loss)Equity in income (loss)Interest and DividendsTotal IncomeNexPoint Real Estate Finance, Inc.Common Stock$29,778 $(3,171)$— $— $3,150 $(21)NexPoint Storage Partners, Inc.Common Stock53,536 (9,172)— — — (9,172)NexPoint Residential Trust, Inc.Common Stock3,226 (941)— — 151 (790)NexPoint SFR Operating Partnership, L.P.Convertible Notes11,963 311 — — 946 1,257 NexPoint Storage