Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 105

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 105
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2019, the TSXV issued preliminary approval to NHT to list its Units and on April 3, 2019, the Units began trading under the ticker NHT.U (U.S. dollar ticker).

The objectives of NHT are to:

| (a) | provide Unitholders with an opportunity to invest in real estate assets, including, but not limited to, a portfolio of extended-stay, select-service and efficient full-service hotels located in attractive U.S. markets and competitively positioned to outperform the industry as a whole; |

| (b) | potentially acquire non-hospitality real estate assets on an opportunistic basis; |

| (c) | provide Unitholders with predictable, sustainable, and growing tax efficient cash distributions; |

| (d) | enhance the value of NHT’s assets and maximize the long-term value of the Units through active asset and property management programs and procedures; specifically, acquiring assets that require repositioning through value-add initiatives, development of assets, and capital recycling into hospitality and other real estate asset classes on an opportunistic basis; |

| (e) | expand the asset base of NHT and increase NHT’s FFO, Core FFO and AFFO per Unit primarily through acquisitions and improvements of its properties using targeted and strategic capital expenditures; and |

| (f) | sell assets at the opportune time to allow NHT to meet its strategic objectives. |

NHT aims to achieve its investment objectives by acquiring real estate assets, including hotel properties and life sciences and semiconductor manufacturing assets that will offer a high current yield and in many cases are underperforming assets with the potential to increase in value through investments in capital improvements, a market-based recovery, brand repositioning, revenue enhancements, operational improvements, addressing expense inefficiencies, and exploiting excess land or underutilized spaces. The Advisor targets markets that have a stable yet growing and reliable demand base and limited present and future competitive supply growth. NHT invests in real estate assets, including hotel properties located in areas that it believes exhibit strong economic attributes such as job growth, strong business or transitory travel and leisure travel.

Select-service, limited-service and extended stay hotel properties, which comprise a majority of NHT’s portfolio, typically do not include amenities provided in full-service hotel properties; therefore, these properties primarily derive their revenues from hotel room rentals and, to a lesser extent, from restaurants, meeting spaces and other similar income streams. Extended-stay hotel properties are generally high-quality, residential style hotels