Company: NXDT
Filing Date: 2025-01-13
Form Type: CORRESP
Source: 0001437749-25-000956
Chunk: 0

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-13
Form: CORRESP
Chunk 0
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<div align='center'>NexPoint Diversified Real Estate Trust

300 Crescent Court, Suite 700

Dallas, TX 75201</div>

January 13, 2025

BY EDGAR

U.S. Securities and Exchange Commission

Division of Corporation Finance

100 F Street, N.E.

Washington, D.C. 20549

| Re: | NexPoint Diversified Real Estate Trust 
 Registration Statement on Form S-4     
 Filed December 31, 2024                
 File No. 333-284099                    |

Ladies and Gentlemen:

Pursuant to Rule 461 of the rules and regulations promulgated under the Securities Act of 1933, NexPoint Diversified Real Estate Trust respectfully requests that the effective date of the above-referenced Registration Statement on Form S-4 (File No. 333-284099) be accelerated so as to permit it to become effective at 4:00 p.m. Washington D.C. time on January 15, 2025, or as soon thereafter as practicable.

Please call Charlie Haag of Winston & Strawn LLP at (214) 453-6494 to provide notice of the effectiveness of the Registration Statement.

<div align='center'>[Signature Page Follows]</div>

| Very truly yours,                      |                |
| NexPoint Diversified Real Estate Trust |                |
| By:                                    | /s/ D.C Sauter |
| Name: D.C. Sauter                      |                |
| Title: General Counsel and Secretary   |                |

| cc: | Charlie Haag, Winston & Strawn LLP |
|     | JustinReinus, Winston & Strawn LLP |

<div align='center'>[Signature Page to Acceleration Request]</div>