Company: NXDT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001356115-25-000021
Chunk: 80

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1A
Chunk 80
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,600 (336)-9.3 %Other income287 374 (87)-23.3 %Rooms6,281 8,200 (1,919)-23.4 %Food and beverage750 812 (62)-7.6 %Non-Same Store revenues10,582 12,986 (2,404)-18.5 %Total revenues11,031 13,372 (2,341)-17.5 %Operating expensesSame StoreProperty operating expenses58 39 19 48.7 %Real estate taxes and insurance74 66 8 12.1 %Property management fees22 21 1 4.8 %Property general and administrative expenses4 14 (10)N/MSame Store operating expenses158 139 18 12.9 %Non-Same StoreProperty operating expenses5,465 6,717 (1,252)-18.6 %Real estate taxes and insurance1,499 1,708 (209)-12.2 %Property management fees365 166 199 N/MProperty general and administrative expenses1,612 2,214 (602)-27.2 %Non-Same Store operating expenses8,941 10,805 (1,864)-17.3 %Total operating expenses9,099 10,944 (1,846)-16.9 %Operating incomeNon-Same StoreRealized gains (losses)26 — 26 — %Total operating income26 — 26 — %NOISame Store317 247 70 28.3 %Non-Same Store1,667 2,182 (515)-23.6 %Total NOI$1,984 $2,428 $(444)-18.3 %

Consolidated Same Store Results of Operations for the Three Months Ended June 30, 2025 and 2024

As of June 30, 2025, our Same Store properties were approximately 59.7% leased with a weighted average monthly effective occupied rent per square foot of $1.18, compared to 51.5% leased with a weighted average monthly effective 

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occupied rent per square foot of $1.14 as of June 30, 2024. For our Same Store properties, we recorded the following operating results for the three months ended June