Company: NREF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052000
Chunk: 146

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1A
Chunk 146
---
30 %11/1/2028Mezzanine loan10/20/20202,264 Rosedale, MDMultifamilyFixed0.30 %10/1/2028Mezzanine loan10/20/20202,215 Cockeysville, MDMultifamilyFixed0.30 %7/1/2031Mezzanine loan10/20/20202,026 Laurel, MDMultifamilyFixed0.30 %7/1/2029Mezzanine loan10/20/20201,836 Vancouver, WAMultifamilyFixed0.30 %8/1/2031Mezzanine loan10/20/20201,763 Tyler, TXMultifamilyFixed0.30 %11/1/2028Mezzanine loan10/20/2020918 Atlanta, GAMultifamilyFixed0.30 %8/1/2031Mezzanine loan10/20/2020728 Des Moines, IAMultifamilyFixed0.30 %3/1/2029Total$57,945 0.30 %(1)Outstanding principal balance represents the total repurchase agreement balance outstanding as of September 30, 2025.(2)The Company deferred maturity to December 1, 2025For the nine months ended September 30, 2025 and 2024, the activity related to the carrying value of the master repurchase agreements, secured financing agreements and unsecured financing were as follows (in thousands):For the Nine Months Ended September 30,20252024Balances as of January 1,$795,688 $1,268,212 Principal borrowings52,428 231,106 Principal repayments(99,127)(688,674)Principal repayments on mortgages payable(32,125)(173)Loss on extinguishment of debt1,839 359 Accretion of discounts1,209 1,121 Amortization of deferred financing costs161 36 Balances as of September 30,$720,073 $811,987 

32

Schedule of Debt MaturitiesThe aggregate scheduled maturities, including amortizing principal payments, of total debt for the next five calendar years subsequent to September 30, 2025 are as follows (in thousands):YearRecourseNon-recourseTotal2025(1)$100