Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 106

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 106
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 that offer a package of services and amenities for extended-stay business and leisure travelers. NHT looks to opportunistically invest in efficient full-service hotel properties, although it does not intend for such properties to comprise a substantial portion of its portfolio in the long-term. Full-service hotel properties generally provide a full complement of guest amenities including restaurants, large meeting facilities, concierge, room service and porter service or valet parking. NHT may also originate or make investments in debt related to targeted hotel properties.

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As of September 30, 2024, NHT’s portfolio consists of 7 properties and 1 life sciences investment. The properties are comprised of 1,045 rooms throughout the U.S. in the full-service, select-service, limited-service and extended stay hospitality categories. The properties either have a long-term franchise agreement with Marriott, Hyatt or Hilton sponsored brands or are independently operated. NHT believes each property in the portfolio has the opportunity to generate outsized market share improvements and topline increases as leading full-service, select-service, limited-service or extended stay hotels in their respective submarkets. In addition to organic growth, NHT is expected to realize additional embedded growth from its capital improvement strategy. All of NHT’s hotels are operated pursuant to hotel management agreements between the TRS Entities and affiliates of the Manager.

| Brand                  | Location                | Name            | Chain Scale    | Service Scale  |       Year 
 Built/Last 
 Renovation | Rooms |
| Hilton Garden Inn      | Dallas, Texas           | HGI Property    | Upscale        | Select-Service |  1995/2016 |   240 |
| Hyatt                  | Park City, Utah         | Park City       | Upscale        | Full-Service   |       2016 |   122 |
| Hampton Inn & Suites   | Bradenton, Florida      | Bradenton       | Upper Midscale | Select-Service |  1926/2016 |   119 |
| Homewood Suites        | Plano, Texas            | HWS Plano       | Upscale        | Extended Stay  |  1996/2018 |    99 |
| Independently Operated | Addison, Texas          | HWS Addison     | Upscale        | Extended Stay  |  1990/2018 |   120 |
| Homewood Suites        | Irving, Texas           | HWS Las Colinas | Upscale        | Extended Stay