Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 206

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 206
---
enton Hampton Inn & Suites is an upper midscale, full-service 119-room hotel that was originally constructed in 1926. Bradenton hosts multiple major league baseball teams during spring training and is a leisure destination area year-round given the temperate climate in the winter and access to the beach. The Bradenton Hampton Inn & Suites is wholly-owned by NHT. NHT currently has approximately $18 million of debt owing on the Bradenton property, which matures on February 5, 2025, with a 4.70% interest rate and 30-year amortization. NHT is planning to start approximately $2.4 million of total renovations to the public spaces and guestrooms of the Bradenton property in the first quarter of 2025.

In the opinion of NHT’s management, each of its operating properties is adequately covered by insurance.

Other Information

The following table sets forth information with respect to NXDT’s and NHT’s properties separately described above as of September 30, 2024.

| Property                       
 NXDT                           |     | Location          |     | Property Type        |     | Percentage 
 Leased     |      |   |     | Number of Leases |    |     | Property Tax Rate |          |   |     | Annual Property Tax |              |
|:-------------------------------|:----|:------------------|:----|:---------------------|:----|:-----------|-----:|:--|:----|:-----------------|---:|:----|:------------------|---------:|:--|:----|:--------------------|-------------:|
| Cityplace Tower                |     | Dallas, TX        |     | Office & Hospitality |     |            | 75.3 | % |     |                  | 15 |     |                   |  2.23503 | % |     | $                   | 3,670,863.56 |
| NHT                            |     |                   |     |                      |     |            |      |   |     |                  |    |     |                   |          |   |     |                     |              |
| Dallas Hilton Garden Inn       |     | Dallas, TX        |     | Hospitality          |     |            |  N/A |   |     |                  |  0 |     |                   |  2.29478 | % |     |                     |      346,862 |
| St. Petersburg Marriott        |     | St Petersburg, FL |     | Hospitality          |