Company: NREF
Filing Date: 2025-11-04
Form Type: 424B5
Source: 0001437749-25-033056
Chunk: 9

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-11-04
Form: 424B5
Chunk 9
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 opportunities to achieve a superior portfolio risk-mix that delivers attractive total returns.

Our Manager

We are externally managed by our Manager through a management agreement dated February 6, 2020 and amended as of July 17, 2020 and November 3, 2021, that renewed on February 6, 2025 for a one-year term and is automatically renewed for successive one-year terms thereafter unless earlier terminated, by and between the Company and the Manager. Our Manager conducts substantially all of our operations and provides asset management services for our real estate investments. All of our investment decisions are made by our Manager, subject to general oversight by our Manager’s investment committee and our Board. Our Manager is wholly owned by our Sponsor.

Corporate Information

Our principal executive offices are located at 300 Crescent Court, Suite 700, Dallas, Texas 75201. The Company’s telephone number is (214) 276-6300. We maintain a website located at http://nref.nexpoint.com. The information contained on or that can be accessed through our website is not incorporated into and does not constitute a part of this prospectus supplement, the accompanying prospectus or any other report or document we file with or furnish to the SEC.

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THE OFFERING The offering terms are summarized below solely for your convenience. For a more complete description of the terms of our Series C Preferred Stock, see“ Description of Series C Preferred Stock” in this prospectus supplement and, with respect to our preferred stock generally,“ Description of Capital Stock” beginning on page 4 of the accompanying prospectus.

| Issuer                                 |     | NexPoint Real Estate Finance, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Series C Preferred Stock Offered by Us |     | A maximum of 8,000,000 shares of 8.00% Series C Cumulative Redeemable Preferred Stock will be offered through our dealer manager on a reasonable best efforts basis, at a public offering price of $25.00 per share, unless applicable price reductions are available as described in the “Plan of Distribution” section in this prospectus supplement. The initial closing of the offering is expected to occur on or about December 5, 2025.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| Manner of Offering                     |     | The dealer manager for this offering is NexPoint Securities, an affiliate of our Manager. The dealer manager is not required to sell any specific number or dollar amount of