Company: NREF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001786248-25-000016
Chunk: 125

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1A
Chunk 125
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 Company's internal risk rating and year of origination as of June 30, 2025 and December 31, 2024 (dollars in thousands):June 30, 2025Carrying Value by Year of Origination (1)Risk RatingNumber ofLoansOutstanding Face Amount20252024202320222021PriorTotal Carrying Value1—$— $— $— $— $— $— $— $— 2—— — — — — — — — 348750,303 1,199 302,343 79,723 71,471 40,588 237,471 732,795 4112,600 — — — — 12,501 — 12,501 518,500 — — — 8,494 — — 8,494 50$771,403 $1,199 $302,343 $79,723 $79,965 $53,089 $237,471 $753,790 (1)Represents the date a loan was originated or acquired. December 31, 2024Carrying Value by Year of Origination (1)Risk RatingNumber ofLoansOutstanding Face Amount20242023202220212020PriorTotal Carrying Value1—$— $— $— $— $— $— $— $— 2—— — — — — — — — 349750,031 284,958 94,446 74,658 38,067 19,812 228,019 739,960 4221,100 — — 8,479 12,500 — — 20,979 5—— — — — — — — — 51$771,131 $284,958 $94,446 $83,137 $50,567 $19,812 $228,019 $760,939 (1)Represents the date a loan was originated or acquired. The following tables present the geographies and property types of collateral underlying the Company’s loans held-for-investment as a percentage of the loans’ face amounts.GeographyJune 30, 2025December 31, 2024Massachusetts25.