Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1812

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1812
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 |   2,429 |   |     | $                                      |   1,623 |   |     | $                          |  1,221 |   |     | $     |   2,844 |   |
| Less Non-Same Store                                                  |     |                                          |        |   |     |                            |        |   |     |       |         |   |     |                                        |         |   |     |                            |        |   |     |       |         |   |
| Revenues                                                             |     | $                                        | (3,974 | ) |     | $                          | (9,012 | ) |     | $     | (12,986 | ) |     | $                                      |  (7,726 | ) |     | $                          | (9,012 | ) |     | $     | (16,739 | ) |
| Operating expenses                                                   |     |                                          |  3,692 |   |     |                            |  7,112 |   |     |       |  10,805 |   |     |                                        |   7,200 |   |     |                            |  7,112 |   |     |       |  14,312 |   |
| Same Store NOI                                                       |     | $                                        |    926 |   |     | $                          |   (679 | ) |     | $     |     247 |   |     | $                                      |   1,097 |   |     | $                          |   (679 | ) |     | $     |     418 |   |

(1) Non-operating property investment revenue is defined as revenue included in the consolidated financial statements that are from non-operating properties such as dividend income and interest income.

Consolidated NOI for Our Same Store and Non-Same Store Properties for the Three Months Ended June 30, 2024 and 2023

There are two properties, White Rock Center and 5916 W Loop 289, in our same store pool for the three months ended June 30, 2024, and 2023 (our "Same Store" properties). Our Same Store properties exclude Cityplace Tower as of June 30, 2024 and 2023, because it was not yet stabilized, meaning construction or renovation was not completed. Non-Same Store properties include properties not yet stabilized. Our Same Store properties also exclude the NHT segment, as the properties in that segment were not