Company: NXDT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001356115-25-000003
Chunk: 351

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 351
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1)Floating391 398 10.85 %3/7/2025NHT - Note A Loan (2)Floating50,188 — (7)6.33 %3/8/2025NHT - Note B Loan (2)Floating24,165 — (7)10.79 %3/8/2025NHT - PC & B Loan (3)Floating37,875 — (7)6.70 %2/5/2025White Rock Center (4)Fixed10,000 — (7)10.00 %8/2/2029Notes PayableDominion NoteFloating13,250 13,250 7.50 %8/8/2025Raymond James LoanFloating11,000 20,000 8.80 %10/6/2025NexBank Revolver (5)Floating16,485 20,000 8.03 %5/21/2025Convertible Notes Due to AffiliatesFixed57,986 — (7)2.25% - 7.50%2/14/2027 - 9/30/2042Prime Brokerage BorrowingJefferies Line of CreditFloating1,222 1,782 4.83 %N/A (9)Total Debt$362,110 $197,337 Fair market value adjustment, net of accumulated amortization (6)(7,740)— Deferred financing costs(315)(450)$354,055 $196,887 (1)This debt is secured by the following property: CityPlace.(2)This debt is secured by the following properties: HGI Property, Addison Property, Plano Homewood Suites, Las Colinas Homewood Suites and the St. Pete Property.(3)This debt is secured by the following properties: Park City and Bradenton.(4)This debt is secured by the following property: White Rock Center.(5)This debt is secured by the following property and investments: 5916 W Loop 289 and IQHQ, LP interests.

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(6)The Company recorded a valuation adjustment of the Convertible Notes Due to Affiliates upon the consolidation of NHT to adjust for the difference between the fair value and the outstanding principal amount of the debt. The difference is amortized into interest expense.(7)This debt was not consolidated as of December 31, 202