Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 1001

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9C
Chunk 1001
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 (Loss)Sandstone Pasadena Apartments, LLCLLC interestMultifamily50.0 %$10,055 $(9,590)$19,645 $70 AM Uptown Hotel, LLCLLC interestHospitality60.0 %(3)18,081 14,970 3,111 (155)Las Vegas Land Owner, LLCLLC interestLand77.0 %(4)12,321 12,321 — 10 Perilune Aero Equity Holdings One, LLCLLC interestAircraft16.4 %(8)13,565 10,488 3,077 1,414 Capital Acquisitions Partners, LLCLLC interestMultifamily20.9 %407 1,717 (1,310)126 $54,429 $29,906 $24,523 $1,465 Below is a summary of the Company's investments as of December 31, 2024 that qualify for equity method accounting for which the Company has elected to account for using the fair value option. Amounts are included in "Investments, at fair value" on the Consolidated Balance Sheets.Investee NameInstrumentAsset TypeNXDT Percentage OwnershipFair ValueNexPoint Real Estate Finance Operating Partnership, L.P.LP interestMortgage15.6 %(6)$76,396NexPoint Real Estate Finance, Inc.Common stockMortgage12.0 %(6)32,949Claymore Holdings, LLCLLC interestN/A50.0 %(5)— Allenby, LLCLLC interestN/A50.0 %(5)— Haygood, LLCLLC interestN/A31.0 %(7)— LLV Holdco, LLCLLC interestLand26.8 %2,606 NexPoint Storage Partners, Inc.Common stockSelf-storage52.8 %(6)62,709NexPoint Storage Partners Operating Company, LLCLLC interestSelf-storage29.5 %34,172 VineBrook Homes Operating Partnership, L.P.LP interestSingle-family rental11.4 %(6)151,706 NexPoint SFR Operating Partnership, L.P.LP interestSingle-family rental30.8 %37,953 $398,491 

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Below is a summary of the Company’s equity method investments as of December 31, 2023 (dollars in thousands):Investee