Company: NREF
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001786248-25-000010
Chunk: 118

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 1A
Chunk 118
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 carrying value of the loan portfolio by the Company's internal risk rating and year of origination as of March 31, 2025 and December 31, 2024 (dollars in thousands):March 31, 2025Carrying Value by Year of Origination (1)Risk RatingNumber ofLoansOutstanding Face Amount20252024202320222021PriorTotal Carrying Value1—$— $— $— $— $— $— $— $— 2—— — — — — — — — 349755,124 1,158 296,141 87,060 76,594 38,551 242,904 742,408 4112,600 — — — — 12,500 — 12,500 518,500 — — — 8,486 — — 8,486 51$776,224 $1,158 $296,141 $87,060 $85,080 $51,051 $242,904 $763,394 (1)Represents the date a loan was originated or acquired. December 31, 2024Carrying Value by Year of Origination (1)Risk RatingNumber ofLoansOutstanding Face Amount20242023202220212020PriorTotal Carrying Value1—$— $— $— $— $— $— $— $— 2—— — — — — — — — 349750,031 284,958 94,446 74,658 38,067 19,812 228,019 739,960 4221,100 — — 8,479 12,500 — — 20,979 5—— — — — — — — — 51$771,131 $284,958 $94,446 $83,137 $50,567 $19,812 $228,019 $760,939 (1)Represents the date a loan was originated or acquired. The following tables present the geographies and property types of collateral underlying the Company’s loans held-for-investment as a percentage of the loans’ face amounts.GeographyMarch 31, 2025December 31