Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1661

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1661
---
 | (39,276 | ) |     |                           | (103,180 | ) |     | $        | (101,346 | ) |
| NexPoint Hospitality Trust             |     |                                         | 18,011 |     |          | (25,431 | ) |     |                           | (840    | ) |     |          | (8,260  | ) |     |          |      — |     |          | —       |   |     |                           | —        |   |     |          | —        |   |
| Total Company                          |     | $                                       | 57,295 |     | $        | (62,379 | ) |     | $                         | (42,407 | ) |     | $        | (47,490 | ) |     | $        | 41,110 |     | $        | (39,276 | ) |     | $                         | (103,180 | ) |     | $        | (101,346 | ) |

The following presents select balance sheet data for the reportable segments (in thousands):

<div align='center'>45

I-1319</div>

|                                           |     |                                        | As of September 30, 2024 |   |     |                            |         |   |     |               |           |   |     |                                        | As of December 31, 2023 |   |     |                            |   |     |               |           |   |
|:------------------------------------------|:----|:---------------------------------------|-------------------------:|:--|:----|:---------------------------|--------:|:--|:----|:--------------|----------:|:--|:----|:---------------------------------------|------------------------:|:--|:----|:---------------------------|:--|:----|:--------------|----------:|:--|
|                                           |     | NexPoint Diversified Real Estate Trust |                          |   |     | NexPoint Hospitality Trust |         |   |     | Total Company |           |   |     | NexPoint Diversified Real Estate Trust |                         |   |     | NexPoint Hospitality Trust |   |     | Total Company |           |   |
| Assets                                    |     |                                        |                          |   |     |                            |         |   |     |               |           |   |     |                                        |                         |   |     |                            |   |     |               |           |   |
| Gross operating real estate