Company: NREF
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001786248-25-000004
Chunk: 52

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 9C
Chunk 52
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replaceable in nature. These assets are restricted solely to satisfy the interest and principal balances owed to the lender.On November 15, 2023, the Company issued an additional $15.0 million aggregate principal amount of its 5.75% Notes at a price equal to 92.0% par value, including accrued interest, for proceeds of approximately $13.6 million after original issue discount and underwriting fees. As of December 31, 2024 the principal outstanding is $180.0 million.

F-33

Table of Contents

As of December 31, 2024, the outstanding principal balances related to the levered senior and mezzanine loans consisted of the following (dollars in thousands):InvestmentInvestment DateOutstanding Principal Balance (1)LocationProperty TypeInterest TypeInterest RateMaturity DateSenior LoansSenior loan2/11/2020$28,564 VariousSingle-familyFixed2.14 %10/1/2025Senior loan2/11/202033,171 VariousSingle-familyFixed2.70 %11/1/2028Senior loan2/11/20209,284 VariousSingle-familyFixed2.45 %3/1/2026Senior loan2/11/20207,107 VariousSingle-familyFixed3.51 %2/1/2028Senior loan2/11/20208,657 VariousSingle-familyFixed3.30 %10/1/2028Senior loan2/11/20207,748 VariousSingle-familyFixed3.14 %1/1/2029Senior loan2/11/20205,745 VariousSingle-familyFixed2.99 %3/1/2029Senior loan2/11/20205,102 VariousSingle-familyFixed3.14 %12/1/2028Senior loan2/11/20204,719 VariousSingle-familyFixed2.64 %10/1/2028Senior loan1/26/2024140,283 Cambridge, MALife sciencesFloating14.00 %2/9/2027Total$250,380 9.03 %Mezzanine LoansMezzanine loan10/20/2020$8,723 Wilmington, DEMultifamilyFixed0.30 %6/1/2029Mezzanine loan10/20/20207,344 White Marsh, MDMultifamilyFixed