Company: NREF
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001786248-25-000010
Chunk: 133

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 1A
Chunk 133
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,264 Rosedale, MDMultifamilyFixed0.30 %10/1/2028Mezzanine loan10/20/20202,215 Cockeysville, MDMultifamilyFixed0.30 %7/1/2031Mezzanine loan10/20/20202,026 Laurel, MDMultifamilyFixed0.30 %7/1/2029Mezzanine loan10/20/20201,836 Vancouver, WAMultifamilyFixed0.30 %8/1/2031Mezzanine loan10/20/20201,763 Tyler, TXMultifamilyFixed0.30 %11/1/2028Mezzanine loan10/20/20201,307 Las Vegas, NVMultifamilyFixed0.30 %10/1/2028Mezzanine loan10/20/2020918 Atlanta, GAMultifamilyFixed0.30 %8/1/2031Mezzanine loan10/20/2020728 Des Moines, IAMultifamilyFixed0.30 %3/1/2029Total$59,252 0.30 %(1)Outstanding principal balance represents the total repurchase agreement balance outstanding as of March 31, 2025.For the three months ended March 31, 2025 and 2024, the activity related to the carrying value of the master repurchase agreements, secured financing agreements and unsecured financing were as follows (in thousands):For the Three Months Ended March 31,20252024Balances as of January 1,$795,688 $1,268,212 Principal borrowings45,119 57,425 Principal repayments(13,116)(486,159)Principal repayments on mortgages payable(86)(61)Loss on extinguishment of debt45 — Accretion of discounts411 366 Amortization of deferred financing costs12 12 Balances as of March 31,$828,073 $839,795 

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Schedule of Debt MaturitiesThe aggregate scheduled maturities, including amortizing principal payments, of total debt for the next five calendar years subsequent to March 31, 2025 are as follows (in thousands):YearRecourseNon-recourseTotal2025(1)$175,000 $287,163 $