Company: NREF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001786248-25-000016
Chunk: 169

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1A
Chunk 169
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 amounts. The chief operating decision maker manages the business on a consolidated basis, and therefore the Company has identified NREF as the one operating segment and the reportable segment. As of June 30, 2025 the Company’s chief operating decision maker was the Chief Financial Officer, Executive VP-Finance, Assistant Secretary and Treasurer of the Company.The significant segment expenses are computed in accordance with GAAP and are consistent with the financial information presented in the Consolidated Statements of Operations.

17. Subsequent Events

Dividends DeclaredThe Board declared the third regular quarterly dividend of 2025 to common stockholders of $0.50 per share on July 28, 2025, to be paid on September 30, 2025, to stockholders of record as of September 15, 2025.Series B PreferredAs of August 6, 2025, the Company has issued an additional 1,159,379 shares of Series B Preferred Stock for net proceeds of $26.1 million.Series B Preferred RedemptionsOn July 21, 2025, the Company redeemed a total of 14,000 shares of the Series B Preferred Stock for $0.3 million, which is the share price of $25.00 per share subject to the applicable redemption fee plus any accrued but unpaid dividends.SFR OP II Promissory Note extensionOn July 10, 2025, the Company extended the SFR OP Note II  to July 10, 2026.Montford at Madison Park sale

On June 4, 2025, the Company executed a purchase and sale agreement with NexBank Capital for the sale of Hudson Montford for net proceeds of $27.3 million. The sale of this property closed on July 22, 2025. See Note 8.