Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 1242

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 1242
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 fair value option. Amounts are included in "Investments, at fair value" on the Consolidated Balance Sheets.Investee NameInstrumentAsset TypeNXDT Percentage OwnershipFair ValueNexPoint Real Estate Finance Operating Partnership, L.P.LP interestMortgage15.6 %(6)$76,396NexPoint Real Estate Finance, Inc.Common stockMortgage12.0 %(6)32,949Claymore Holdings, LLCLLC interestN/A50.0 %(5)— Allenby, LLCLLC interestN/A50.0 %(5)— Haygood, LLCLLC interestN/A31.0 %(7)— LLV Holdco, LLCLLC interestLand26.8 %2,606 NexPoint Storage Partners, Inc.Common stockSelf-storage52.8 %(6)62,709NexPoint Storage Partners Operating Company, LLCLLC interestSelf-storage29.5 %34,172 VineBrook Homes Operating Partnership, L.P.LP interestSingle-family rental11.4 %(6)151,706 NexPoint SFR Operating Partnership, L.P.LP interestSingle-family rental30.8 %37,953 $398,491 

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Below is a summary of the Company’s equity method investments as of December 31, 2023 (dollars in thousands):Investee NameInstrumentAsset TypeNXDT Percentage OwnershipInvestment BasisShare of Investee's Net Assets (1)Basis Difference (2)Share of Earnings (Loss)Sandstone Pasadena Apartments, LLCLLC interestMultifamily50.0 %$11,458 $(9,590)$21,048 $— AM Uptown Hotel, LLCLLC interestHospitality60.0 %(3)23,158 17,581 5,577 (426)SFR WLIF III, LLCLLC interestSingle-family rental20.0 %7,079 7,241 (162)555 Las Vegas Land Owner, LLCLLC interestLand77.0 %(4)12,312 12,312 — — Perilune Aero Equity Holdings One, LLCLLC interestAircraft16.4 %(7)12,256 10,488 1,768 1,441 $66,263 $38,032 $28,231 $1,570 Below is a