Company: NXDT
Filing Date: 2025-06-12
Form Type: S-4
Source: 0001437749-25-020201
Chunk: 35

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-06-12
Form: S-4
Chunk 35
---
 from the base of the Park City Mountain. Park City is one of the most accessible year-round destinations in North America, located 25 miles southeast of Salt Lake City International Airport (SLC). The Hyatt Place Park City is wholly-owned by the NHT segment. We currently have approximately $20 million of debt owing on the Park City property, which matures on February 5, 2026, with a 4.70% interest rate and 30-year amortization. We are planning to start approximately $1.8 – $3.6 million of total renovations to the guest rooms of the Park City property in the first half of 2026.

<div align='center'>20</div>

Bradenton Hampton Inn & Suites

The Bradenton Hampton Inn & Suites is an upper midscale, full-service 119-room hotel that was originally constructed in 1926. Bradenton hosts multiple major league baseball teams during spring training and is a leisure destination area year-round given the temperate climate in the winter and access to the beach. The Bradenton Hampton Inn & Suites is wholly-owned by the NHT segment. We currently have approximately $18 million of debt owing on the Bradenton property, which matures on February 5, 2026, with a 4.70% interest rate and 30-year amortization. We are planning to start approximately $2.4 million of total renovations to the public spaces and guestrooms of the Bradenton property in the second half of 2025.

In the opinion of Old NXDT’s management, each of its operating properties is adequately covered by insurance.

Other Information

The following table sets forth information with respect to Old NXDT’s properties separately described above as of March 31, 2025.

| Property                       
 NXDT                           | Location          | Property             
 Type                 |     | Percentage 
 Leased     |      |   |     | Number    
 of Leases |    |     | Property 
 Tax Rate |          |   |     | Annual       
 Property Tax |           |
|:-------------------------------|:------------------|:---------------------|:----|:-----------|-----:|:--|:----|:----------|---:|:----|:---------|---------:|:--|:----|:-------------|----------:|
| Cityplace Tower                | Dallas, TX        | Office & Hospitality |     |            | 46.4 | % |     |           | 15 |     |          |  2.23503