Company: NREF
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001786248-25-000004
Chunk: 413

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 5
Chunk 413
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/9/2024N/A1,504 VariousMultifamilyN/AN/AN/ATotal58,893 Preferred Stock1Preferred Stock11/9/2023N/A18,949 VariousLife Science10.50 %N/AN/AReal Estate1Real Estate12/31/2021(10)N/A26,909 Charlotte, NCMultifamilyN/AN/AN/A2Real Estate10/10/2023(11)N/A1,728 Atlanta, GAMultifamilyN/AN/AN/ATotal28,637 Promissory Notes1Promissory Note3/28/2024500 500 VariousSingle-family12.50 %12.50 %0.242Promissory Note7/10/20243,500 3,500 VariousSingle-family15.00 %15.00 %0.52Total4,000 4,000 14.69 %14.69 %0.49Revolving Credit Facility1Revolving Credit Facility12/31/2024148,600 135,136 VariousLife Science13.50 %13.50 %3.00

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Table of Contents

Stock Warrants1Stock Warrant5/23/2024N/A27,400 VariousLife SciencesN/AN/AN/A

(1)Our total portfolio represents the current principal amount of the consolidated senior loans, CMBS I/O Strips, mezzanine loans, preferred equity, multifamily properties, promissory notes, revolving credit facilities and stock warrants as well as the net equity of our CMBS B-Piece investments.

(2)Net equity represents the carrying value less borrowings collateralized by the investment.

(3)Current yield is the annualized income earned divided by the cost basis of the investment.

(4)The weighted-average life is weighted on current principal balance and assumes no prepayments. The maturity date for preferred equity investments represents the maturity date of the senior mortgage, as the preferred equity investments require repayment upon the sale or refinancing of the asset.

(5)The Company reclassified this investment from a mezzanine loan to senior loan effective April 1, 2024 because there was and as of December 31, 2024 there is, no senior mortgage on the property collateralized by the loan.

(6)The CMBS B-Pieces are shown on an un