# EDGAR Filing Document

**Accession Number:** 0001786248
**File Stem:** 0001437749-26-001916
**Filing Date:** 2026-1
**Character Count:** 6597
**Document Hash:** d3ab9ac801a7322dbd2c4c31091bc7a4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-26-001916.hdr.sgml**: 20260123

**ACCESSION NUMBER**: 0001437749-26-001916

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260116

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**FILED AS OF DATE**: 20260123

**DATE AS OF CHANGE**: 20260123

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NexPoint Real Estate Finance, Inc.
- **CENTRAL INDEX KEY:** 0001786248
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 842178264
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39210
- **FILM NUMBER:** 26556619

**BUSINESS ADDRESS:**
- **STREET 1:** 300 CRESCENT COURT
- **STREET 2:** SUITE 700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201
- **BUSINESS PHONE:** 214-276-6300

**MAIL ADDRESS:**
- **STREET 1:** 300 CRESCENT COURT
- **STREET 2:** SUITE 700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201

?xml version='1.0' encoding='ASCII'? nref20260123_8k.htm

**UNITED STATES**

 **SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

 **Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): January 16, 2026**

## NexPoint Real Estate Finance, Inc.
(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Maryland** | **001-39210** | **84-2178264** |
| (State or other jurisdiction | (Commission File Number) | (IRS Employer |
| of incorporation) |  | Identification No.) |

---

**300 Crescent Court, Suite 700**

**Dallas, Texas 75201**

(Address of principal executive offices, including zip code)

**214-276-6300**

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, par value $0.01 per share | NREF | New York Stock Exchange, NYSE Texas |
| 8.50% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share | NREF-PRA | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 1.01 Entry into a Material Definitive Agreement.**

*Promissory Note*

On January 16, 2026, NexPoint Real Estate Finance Operating Partnership, L.P. (the "OP"), the operating partnership of NexPoint Real Estate Finance, Inc. (the "Company"), loaned $16.7 million to NexPoint Storage Partners Operating Company, LLC ("NSP OC"), a subsidiary of NexPoint Storage Partners, Inc. ("NSP"). In connection with the loan, NSP OC issued a promissory note (the "NSP Note") pursuant to which NSP OC may borrow up to an aggregate principal amount of $40 million, with $16.7 million outstanding as of January 16, 2026. The NSP Note bears interest at 14% per annum, which is payable in kind, is interest only during the term of the NSP Note and matures on January 16, 2031.

Borrowings under the NSP Note are secured by a first priority lien on certain income streams and the related deposit accounts of NSP OC and its subsidiaries and certain subsidiaries of NexPoint Advisors, L.P. ("NexPoint"), the parent of NexPoint Real Estate Advisors VII, L.P. (the "Manager"), the Company's external manager, including (i) cash received as base rent under identified master leases, (ii) cash received as asset management fees under identified asset management agreements, (iii) cash received as disposition fees under identified trust agreements, and (iv) related deposit accounts. The NSP Note is subordinated in right and time of payment to NSP's outstanding Series D Preferred Stock, $0.01 par value per share (the "Series D Preferred Stock"), which is mandatorily redeemable on December 8, 2028, subject to two one-year extensions at the election of NSP, and no payments or prepayments on the NSP Note other than payment of interest in-kind may be made without the prior written consent of the holder of the Series D Preferred Stock unless the Series D Preferred Stock has been fully redeemed.

The Ohio State Life Insurance Company ("OSL") has agreed to purchase $5 million in principal amount of the NSP Note at par plus accrued interest prior to the end of the second quarter of 2026.

As of January 16, 2026, the Company owned approximately 25.4% of the total outstanding shares of common stock of NSP and has guaranteed certain obligations of NSP, which are capped at $97.6 million. As of January 16, 2026, the OP owned approximately 95.4% of NSP's outstanding 15.0% Cumulative Series G Preferred Stock, $0.01 par value per share. Accounts advised by NexPoint and its affiliates beneficially own substantially all of the equity securities of NSP. OSL may be deemed an affiliate of the Manager through common beneficial ownership.

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | |
|:---|:---|
| NEXPOINT REAL ESTATE FINANCE, INC. | NEXPOINT REAL ESTATE FINANCE, INC. |
| By: | /s/ Paul Richards |
| Name: | Paul Richards |
| Title: | Chief Financial Officer, Executive Vice President-Finance, Assistant Secretary and Treasurer |

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Date: January 23, 2026