Company: NREF
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001786248-25-000010
Chunk: 206

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 6
Chunk 206
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 %14.00 %14.00 %2/9/2027Floating RatePreferred StockLife Science1/2/202555,012,612 100.0 %16.50 %16.50 %N/AFixed RatePreferred EquitySelf-Storage1/3/2025480,000 100.0 %13.64 %13.64 %9/1/2030Fixed RatePreferred EquitySelf-Storage2/4/20251,000,000 100.0 %11.00 %11.00 %7/1/2027Fixed RatePreferred EquityMultifamily1/31/20251,200,000 100.0 %14.00 %14.00 %4/1/2028Fixed RateCMBS I/O StripMultifamily1/16/20255,911,523 100.0 %5.67 %5.67 %11/25/2034Floating RatePreferred EquitySingle-family1/31/20251,400,000 99.0 %13.50 %13.64 %4/28/2027Floating Rate$83,484,103 

(1)Current yield and coupon as of March 31, 2025.

Redemptions and Sales

The following investments were redeemed or sold during the three months ended March 31, 2025:

InvestmentProperty TypeInvestment DateDisposition DateAmortized Cost BasisRedemption/Sales ProceedsPrepayment PenaltiesNet Gain (Loss) on RepaymentPreferred EquityLife Science4/6/20231/2/2025$10,300,000 $10,300,000 $— $— Preferred EquityLife Science10/19/20221/8/20251,901,474 1,901,474 — — Promissory NoteN/A3/28/20243/12/2025500,000 500,000 — — $12,701,474 $12,701,474 $— $— 

Components of Our Revenues and Expenses

Net Interest Income 

Interest income. Our earnings are primarily attributable to the interest income from mortgage loans, mezzanine loan and preferred equity investments. Loan premium/discount amortization and prepayment penalties are also included as components of interest income.

Interest expense. Interest expense represents interest