Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 1108

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7A
Chunk 1108
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InstrumentAsset TypePercentage Ownership as of December 31, 2024Percentage Ownership as of December 31, 2023Relationship as of December 31, 2024Relationship as of December 31, 2023Unconsolidated Entities:NexPoint Storage Partners, Inc.Common stockSelf-storage52.8 %52.9 %VIEVIENexPoint Storage Partners Operating Company, LLCLLC interestSelf-storage29.5 %30.0 %VIEVIEPerilune Aero Equity Holdings One, LLCLLC interestAircraft16.4 %16.4 %VIEVIELife Sciences II DSTDST investmentLife science25.8 %N/AVIEN/ASemiconductor DSTDST investmentIndustrial16.8 %N/AVIEN/ACapital Acquisitions Partners, LLCLLC interestMultifamily20.9 %N/AVIEN/AIQHQ Holdings, LPLP interestLife science1.2 %1.3 %VIEVIENexPoint Real Estate Finance Operating Partnership, L.P.LP interestMortgage15.6 %15.6 %VIEVIEVineBrook Homes Operating Partnership, L.P.LP interestSingle-family rental11.4 %11.2 %VIEVIENexPoint SFR Operating Partnership, L.P.LP interestSingle-family rental30.8 %30.8 %VIEVIENexAnnuity Holdings, Inc.Preferred SharesAnnuities100.0 %(1)100.0 %VIEVIE(1) The Company owns 100% of the preferred stock of NexAnnuity Holdings, Inc. ("NHI"), but it does not own any of the outstanding common stock of NHI.The maximum exposure to loss of value for the VIE investments includes both the carrying value of each investment, as presented in the tables in Note 8 and 10, and the Company’s exposure through additional arrangements. The Company has provided guarantees on certain debt obligations of some of the VIEs, see Note 15 for further details.Consolidated VIEsThe Company did not have any consolidated VIEs as of December 31, 2024 and December 31, 2023.

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8. Equity Method Investments

Below is a summary of the Company’s equity method investments as of December 31, 2024 (dollars in thousands):Invest