Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 496

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 496
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7,931 |
| 2027       |     |                  |  7,097 |
| 2028       |     |                  |  5,513 |
| Thereafter |     |                  | 22,718 |
| Total      |     | $                | 62,187 |

The following table lists the tenants where the rental revenue from the tenants during the period presented represented 10% or more of total rental income in the Company’s consolidated statements of operations (in thousands):

|                     |     |               | For the Year Ended December 31, 2023 |     |               | Six Months Ended December 31, 2022 |
|:--------------------|:----|:--------------|-------------------------------------:|:----|:--------------|-----------------------------------:|
| Tenant              |     | Rental Income |                                      |     | Rental Income |                                    |
| Hudson Advisors LLC |     | $             |                                2,610 |     | $             |                              1,424 |

16. Subsequent Events

Dividends Declared

On February 2, 2024, the Board approved a quarterly dividend of $0.15 per common share, payable on March 28, 2024 to shareholders of record on February 16, 2024. The dividend on the Company’s common shares consists of a combination of cash and shares, with the cash component of the dividend (other than cash paid in lieu of fractional shares) not to exceed 20% in the aggregate, with the balance being paid in the Company’s common shares. Also on February 2, 2024, the Board approved a quarterly dividend of $0.34375 per Series A Preferred Share, payable on April 1, 2024 to shareholders of record on March 25, 2024.

Issuance of Common Shares to Adviser

On January 12, 2024, the Company issued 169,920.62 common shares to the Adviser as payment of a portion of the monthly Advisory Fees pursuant to the Advisory Agreement.

Redemption of Series A Preferred Stock in NexAnnuity Holdings, Inc.

On January 12, 2024, NHI, in its sole discretion redeemed 1,700 shares of Class A Preferred Stock in NHI held by one of the Company's wholly owned TRSs for $1.7 million.

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I-138</div>

Cityplace Debt Extension

On March 8, 2024,