Company: NREF
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001786248-25-000004
Chunk: 136

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1B
Chunk 136
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/1/20310.30 %6.396,817 98,839 98,839 6.3Multifamily propertiesCBRE12/31/202132,366 32,157 6/1/2028(6)8.05 %4.4N/A64,697 64,697 4.4Various10/10/202363,500 63,500 11/6/2024(7)8.84 %0.9N/A61,854 61,854 0.9Unsecured FinancingVarious10/15/202036,500 35,852 10/25/20257.50 %1.8N/AN/AN/AN/AVarious4/20/2021180,000 177,131 5/1/20265.75 %2.3N/AN/AN/AN/AVarious10/18/20226,500 6,500 10/18/20277.50 %3.8N/AN/AN/AN/ATotal/weighted average$1,271,938 $1,268,212 4.55 %2.9$676,420 $1,372,571 $1,366,698 5.6(1)Weighted-average interest rate using unpaid principal balances.(2)Weighted-average life is determined using the maximum maturity date of the corresponding loans, assuming all extension options are exercised by the borrower.(3)CMBS are shown at fair value on an unconsolidated basis. SFR Loans and mezzanine loans are shown at amortized cost.(4)On April 15, 2020, three of our subsidiaries entered into a master repurchase agreement with Mizuho. Borrowings under these repurchase agreements are collateralized by portions of the CMBS B-Pieces, CMBS I/O Strips, MSCR Notes and mortgage backed securities.(5)The master repurchase agreement with Mizuho does not have a stated maturity date. The transactions in place have a one-month to two-month tenor and are expected to roll accordingly.(6)Debt was assumed upon acquisition of this property and recorded at the outstanding principal amount, net of debt issuance costs. The loan can be prepaid at a 1.0% prepayment premium on any unpaid principal. The loan is open to pre-payment in the last three months of the term.(