Company: NREF
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001786248-25-000004
Chunk: 254

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 4
Chunk 254
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 pursuant to which OP IV assigned $7.5 million interest in the Alewife Loan to OSL for cash and increased OSL's allocation of the right to fund to up to 10.32% of the Alewife Loan.IQHQ Series E FundingOn January 2, 2025, the Company funded $10.0 million of the IQHQ Subscription Agreement, and converted $10.0 million of paid in kind interest on the original IQHQ Promissory Note into IQHQ Series E Preferred Stock.CMBS I/O Strip PurchaseOn January 16, 2025, the Company purchased a CMBS I/O strip for $5.9 million.Series B Preferred RedemptionsOn January 15, 2025, January 31, 2025, February 13, 2025, March 3, 2025 and March 17, 2025, the Company redeemed a total of 12,466 shares of the Series B Preferred Stock for $0.3 million, which is the share price of $25.00 per share subject to a redemption fee of 12% or 9% for the March 17, 2025 redemption plus any accrued but unpaid dividends.NexBank Extension

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On February 13, 2025, the Company extended the maturity date of the NexBank loan to April 27, 2026.

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