Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1794

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1794
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                                          |   (196 | ) |     |                            |      — |   |     |       |    (196 | ) |     |                                        |     958 |   |     |                            |      — |   |     |       |     958 |   |
| NOI                                                                  |     | $                                        |  1,208 |   |     | $                          |  1,221 |   |     | $     |   2,429 |   |     | $                                      |   1,623 |   |     | $                          |  1,221 |   |     | $     |   2,844 |   |

(1) Non-operating property investment revenue is defined as revenue included in the consolidated financial statements that are from non-operating properties such as dividend income and interest income.

17. Subsequent Events

Dividends Declared

On July 27, 2024, the Board approved a quarterly dividend of $0.15 per common share, payable on September 30, 2024 to shareholders of record on August 15, 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 July 27, 2024, the Board approved a quarterly dividend of $0.34375 per Series A Preferred Share, payable on September 30, 2024 to shareholders of record on September 23, 2024.

NexPoint Semiconductor Manufacturing DST

On July 26, 2024, NREO purchased $14.9 million of LLC interests in NexPoint Semiconductor Manufacturing DST.

NexPoint Life Science II DST

On July 26, 2024, NREO purchased $4.6 million of LLC interests in NexPoint Life Science II DST.

White Rock Center Loan

On August 2, 2024, the Company, through Freedom LHV, LLC (“Freedom LHV”), an indirect subsidiary of the Company, entered into a loan agreement with The Ohio State Life Insurance Company (“OSL”), an entity that may be deemed an affiliate of the Adviser through common beneficial ownership, pursuant to which OSL provided a loan to

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I-1411</div>

Freedom LHV in the aggregate principal amount of $10