Company: NREF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001786248-25-000016
Chunk: 180

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 6
Chunk 180
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 970 1,127 1,146 Property general and administrative expenses117 (96)241 77 Property management fees71 62 141 124 Depreciation and amortization614 1,082 1,693 3,400 Rate cap (income) expense(2)(168)(12)1 Casualty (gain) loss— — — (1)Total expenses3,571 4,368 7,610 9,805 Net income (loss) from consolidated real estate owned$(1,069)$(2,333)$(2,699)$(5,559)

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9. Debt

The following table summarizes the Company’s financing arrangements in place as of June 30, 2025 (dollars in thousands):June 30, 2025FacilityCollateralDate issuedOutstandingface amountCarryingvalueFinal statedmaturityWeightedaverageinterestrate (1)Weightedaveragelife (years)(2)Outstandingface amountAmortized cost basisCarryingvalue (3)Weightedaveragelife (years)(2)Master Repurchase AgreementsCMBSMizuho(4)4/15/2020$260,947 $260,947 N/A(5)6.05 %0.0$745,817 $354,945 $342,626 4.4Asset Specific FinancingSingle Family Rental loansFreddie Mac7/12/2019109,339 109,339 7/12/20292.69 %2.3119,787 122,115 122,115 2.3Mezzanine loansFreddie Mac10/20/202057,945 57,945 8/1/20310.30 %4.894,682 96,296 96,296 4.8Multifamily propertiesCBRE12/31/202132,480 31,824 6/1/2028(6)8.06 %2.9N/A56,043 56,043 2.9Argentic10/10/202363,500 63,500 11/6/2025(7)8.59 %0.4N/A64,718 64,718 0.4Common stock investmentNexBank, SSB4/29/202410,000 9,940