Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 928

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9C
Chunk 928
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 gains or losses, respectively. The Company reverses cumulative, unrealized gains or losses previously reported in its Consolidated Statements of Operations and Comprehensive Income (Loss) with respect to the investment sold at the time of the sale.

74

Real Estate Investments Statistics

As of December 31, 2024, the NXDT segment was invested in two retail properties, and one office, multifamily and hospitality property (excluding investments in undeveloped land), and the NHT segment consisted of seven hotel properties as listed below:

NXDT Segment:

Average Effective Monthly Occupied Rent Per Square Foot (1) as of% Occupied (2) as ofProperty NameRentable Square Footage(in thousands)Property TypeDate AcquiredDecember 31,2024December 31,2024White Rock Center82,793 Retail6/13/2013$1.50 71.1 %5916 W Loop 28930,140 Retail7/23/2013$— — %(4)Cityplace1,365,711 Office, Multifamily & Hospitality(3)8/15/2018$2.16 46.4 %1,478,644 

NHT Segment:

BrandLocationNameChain ScaleService ScaleYear Built/Last RenovationRoomsHilton Garden InnDallas, TexasHGI PropertyUpscaleSelect-Service1995/2016240HyattPark City, UtahPark CityUpscaleFull-Service2016122Hampton Inn & SuitesBradenton, FloridaBradentonUpscaleSelect-Service1926/2016119Homewood SuitesPlano, TexasHWS PlanoUpscaleExtended Stay1996/201899N/AAddison, TexasAddison PropertyUpscaleExtended Stay1990/2018120Homewood SuitesIrving, TexasHWS Las ColinasUpscaleExtended Stay1990/2018136MarriottSt. Petersburg, FloridaSt. Pete PropertyUpper UpscaleFull-Service2001/2021209Total 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 December 31, 2024, minus any tenant concessions over the term of the lease, divided by the occupied square footage of commenced leases as of December 31, 2024.

(2)Percent occupied is calculated as the rentable square footage occupied as of December 31, 2024, divided by the total rentable square footage,