Company: NREF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001786248-25-000016
Chunk: 282

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 2
Chunk 282
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1(10)N/A26,653 Charlotte, NCMultifamilyN/AN/AN/A2Real Estate10/10/2023(11)N/A(592)Atlanta, GAMultifamilyN/AN/AN/ATotal26,061 Promissory Note1Promissory Note7/10/20241,564 1,564 VariousSingle-family15.00 %15.00 %1.03Total1,564 1,564 15.00 %15.00 %1.03 Revolving Credit Facility1Revolving Credit Facility12/31/2024148,600 136,940 VariousLife Science13.50 %13.50 %2.50Total148,600 136,940 13.50 %13.50 %2.50 Stock Warrant1Stock Warrant5/23/2024N/A65,634 VariousLife ScienceN/AN/AN/ATotal65,634 

(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 June 30, 2025 there is, no senior mortgage on the property collateralized by the loan.

(6)The CMBS B-Pieces are shown on an unconsolidated basis reflecting the value of our investments.

(7)The number shown represents the notional value on which interest is calculated for the CMBS I/O Strips. CMBS I/O Strips receive no principal payments and the notional value decreases as the underlying loans are paid off.

(8)The mezzanine loan term was extended effective April