Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1760

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1760
---
 |     |                   | 11,000 |     |               | 13,250 |     |                           |     — |     |       | 277,073 |
| 2026       |     |                   |       — |     |                   |      — |     |               |      — |     |                           |     — |     |       |       — |
| 2027       |     |                   |       — |     |                   |      — |     |               | 17,833 |     |                           |     — |     |       |  17,833 |
| 2028       |     |                   |       — |     |                   |      — |     |               |      — |     |                           |     — |     |       |       — |
| Thereafter |     |                   |       — |     |                   |      — |     |               | 33,147 |     |                           | 1,349 |     |       |  34,496 |
| Total      |     | $                 | 252,823 |     | $                 | 37,000 |     | $             | 64,230 |     | $                         | 1,349 |     | $     | 355,402 |

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I-1385</div>

7. Variable Interest Entities

As of June 30, 2024 and 2023, the Company does not consolidate the investments below as it does not have a controlling financial interest in these investments:

| Entities                                                 |     | Instrument       |     | Asset Type           |     | Percentage Ownership as of June 30, 2024 |       |     | Percentage Ownership as of June 30, 2023 |      |     | Relationship as of June 30, 2024 |     | Relationship as of June 30, 2023 |     |
|:---------------------------------------------------------|:----|:-----------------|:----|:---------------------|:----|:-----------------------------------------|------:|:----|:-----------------------------------------|-----:|:----|:---------------------------------|:----|:---------------------------------|:----|
| Unconsolidated Entities:                                 |     |                  |     |                      |     |                                          |       |     |                                          |      |     |                                  |     |                                  |     |
| NexPoint Storage Partners, Inc.                          |     | Common stock     |     | Self-storage         |     |