Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1854

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1854
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 Capital Mortgage, LP. |
| 10.9*   |     | Form of Convertible Promissory Note                                                                                                                                                                                                                                                                                                                                                            |

| 31.1*    |     | Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                                                                                |
| 31.2*    |     | Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                                                                                |
| 32.1+    |     | Certification of Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |
| 101.INS* |     | Inline XBRL Instance Document (The instance document does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document)                 |
| 101.SCH* |     | Inline XBRL Taxonomy Extension Schema                                                                                                                                                 |
| 101.CAL* |     | Inline XBRL Taxonomy Extension Calculation Linkbase                                                                                                                                   |
| 101.DEF* |     | Inline XBRL Taxonomy Extension Definition Linkbase                                                                                                                                    |
| 101.LAB* |     | Inline XBRL Taxonomy Extension Label Linkbase                                                                                                                                         |
| 101.PRE* |     | Inline XBRL Taxonomy Extension Presentation Linkbase                                                                                                                                  |
| 104      |     | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)                                                                                              |

_______________________

*Filed herewith.

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I-1448</div>

+ Furnished herewith.

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I-1449

SIGNATURES</div>

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

NEXPOINT DIVERSIFIED REAL ESTATE TRUST

| Signature       
 /s/ Jim Dondero |     | Title                                          
 President and Trustee                          |     | Date           
 August 9, 2024 |
|:----------------|:----|:-----------------------------------------------|:----|:---------------|
| Jim Dondero     |     | -Principal Executive Officer                   |     |                |
| /s/ Brian Mitts |     | Chief Financial Officer, Executive VP-Finance,