Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 109

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 109
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 originally formed as a Delaware statutory trust on March 10, 2006 under the name “Highland Credit Strategies Fund” and changed its name to “NexPoint Diversified Real Estate Trust” in 2021.

NXDT is externally managed by the NXDT Adviser, through an agreement dated July 1, 2022, and amended on October 25, 2022, April 11, 2023 and July 22, 2024, by and among NXDT and the NXDT Adviser for an initial term that will expire on July 1, 2025 and successive one-year terms thereafter unless earlier terminated. The NXDT Adviser manages the day-to-day operations of NXDT and provides investment management services. All of NXDT’s investment decisions are made by the NXDT Adviser, subject to general oversight by the NXDT Adviser’s investment committee and the NXDT Board. The NXDT Adviser is wholly owned by NexPoint.

As a diversified real estate investment trust, NXDT’s primary investment objective is to provide both current income and capital appreciation. NXDT seeks to achieve this objective through the Business Change. Target underlying property types primarily include, but are not limited to, single-family rentals, multifamily, self-storage, life science, office, industrial, hospitality, net lease and retail. NXDT may, to a limited extent, hold, acquire or transact in certain non-real estate securities.

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For more information about NXDT’s business, please refer to the “Business” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of NXDT’s most recent Annual Report on Form 10-K filed with the SEC attached hereto as Appendix I.

NXDT’s principal executive offices are located at 300 Crescent Court, Suite 700, Dallas, Texas 75201. NXDT’s telephone number is (214) 276-6300. NXDT maintains a website located at http://nxdt.nexpoint.com. The information contained on or that can be accessed through NXDT’s website is not incorporated into and does not constitute a part of this Information Circular or any other report or document NXDT files with or furnishes to the SEC.

The SEC allows NXDT to “incorporate by reference” information into the prospectus, which means that NXDT can disclose important information about NXDT by referring you to another document filed separately with the SEC. These documents contain important information about NX