Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1671

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1671
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, Texas          | HWS Addison       | Upscale       | Extended Stay  |                  1990/2018 |     |       |   120 |
| Homewood Suites      | Irving, Texas           | HWS Las Colinas   | Upscale       | Extended Stay  |                  1990/2018 |     |       |   136 |
| Marriott             | St. Petersburg, Florida | St. Pete Property | Upper Upscale | Full-Service   |                  2001/2021 |     |       |   209 |
| Total Rooms:         |                         |                   |               |                |                            |     |       | 1,045 |

| (1) | Average effective monthly occupied rent per square foot is equal to the average of the contractual rent for commenced leases as of September 30, 2024, minus any tenant concessions over the term of the lease, divided by the occupied square footage of commenced leases as of September 30, 2024. |

| (2) | Percent occupied is calculated as the rentable square footage occupied as of September 30, 2024, divided by the total rentable square footage, expressed as a percentage. |

| (3) | Cityplace is currently under development and the Company is converting part of the property into a hotel, which was still under construction as of September 30, 2024. |

| (4) | The property's tenant vacated in the fourth quarter of 2023. The Company is currently looking into leasing out the property. |

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I-1326</div>

Consolidated Results of Operations for the Three and Nine Ended September 30, 2024, and 2023

The three months ended September 30, 2024 as compared to the three months ended September 30, 2023

The following tables set forth a summary of our operating results for the three months ended September 30, 2024 and 2023 (in thousands):

|                                                            |     | For the Three Months Ended September 30, |    2024 |   |     |   |    2023 |   |     |   | $ Change |   |
|:-----------------------------------------------------------|:----|:-----------------------------------------|--------:|:--|:----|:--|--------:|:--|:----|:--|---------:|:--|
| Total revenues                                             |     | $                                        |  22