Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 473

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 473
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------|:----|:-----|--------:|:--|:----|:----------|--------:|:--|:----|:----|--------:|:--|
| Rental income                         |     | $    |  11,116 |   |     | $         | 262,433 |   |     | $   |  74,639 |   |
| Net interest income                   |     |      |  37,733 |   |     |           |       — |   |     |     |   6,125 |   |
| Other income                          |     |      |       — |   |     |           |   6,898 |   |     |     |   4,119 |   |
| Total revenues                        |     | $    |  48,849 |   |     | $         | 269,331 |   |     | $   |  84,883 |   |
| Expenses                              |     |      |         |   |     |           |         |   |     |     |         |   |
| Total expenses                        |     |      |  20,044 |   |     |           | 319,835 |   |     |     |  85,340 |   |
| Gain (loss) on sales of real estate   |     | $    |       — |   |     | $         |    (519 | ) |     | $   |  (1,406 | ) |
| Other income (expense)                |     |      | (14,591 | ) |     |           |   1,361 |   |     |     | (77,408 | ) |
| Unrealized gain (loss) on derivatives |     |      |       — |   |     |           |  52,833 |   |     |     |       — |   |
| Total comprehensive income (loss)     |     | $    |  14,214 |   |     | $         |   3,171 |   |     | $   | (79,271 | ) |

9. Fair Value of Financial Instruments

The table below summarizes the Company’s assets within the valuation hierarchy carried at fair value on a recurring basis as of December 31, 2023 (in thousands):

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| Assets              |     | Cost Basis |         |     | Fair