{"filings":[{"id":806636,"accession_number":"0001437749-26-019172","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2026-06-02T20:26:15+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"NexPoint shareholders approve 2026 LTIP, reject liquidation proposal at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved the 2026 Long Term Incentive Plan (26,945,964 for, 2,833,644 against).","Shareholder proposal to liquidate assets defeated decisively (4,570,997 for, 25,160,407 against).","All seven trustee nominees elected, including James Dondero, Arthur Laffer, Catherine Wood.","Advisory say-on-pay approved (26,993,180 for, 2,516,601 against).","Ratification of KPMG as auditor for 2026 approved (42,760,080 for, 1,514,886 against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92384,"accession_number":"0001437749-26-011260","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2026-04-03T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"NexPoint Diversified REIT participates in $962K of NSP Note at 14% PIK via side letter","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["OP purchased $962,000 participation interest in Secured Promissory Note (NSP Note) with NREF as lender.","NSP Note: up to $40M, $22.7M outstanding as of Apr 3, 2026; 14% PIK interest-only, matures Jan 16, 2031.","Company owns ~53.02% of NSP common stock; Sponsor-affiliated accounts hold substantially all NSP equity.","Side letter grants OP and other purchasers right to participate pro rata in future advances under NSP Note.","Transaction involves related parties: OP, HFRO, HGLB, NRES, OSL, and NREF advised by affiliates of Adviser."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103211,"accession_number":"0001437749-26-010338","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2026-03-30T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"NXDT sells Bradenton Hampton Inn & Suites for $26.3M cash to affiliate of adviser","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold 100% membership interest of NHT Bradenton, LLC (owns Bradenton Hampton Inn & Suites) for approx $26.3M cash.","Transaction closed same day, March 24, 2026.","Buyer OSL Bradenton Downtown, LLC is deemed an affiliate of adviser NexPoint Real Estate Advisors X, L.P.","Net proceeds to be used for short-term liquidity needs.","Audit Committee approved under Related Party Transaction Policy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103210,"accession_number":"0001437749-26-004746","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2026-02-19T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"NexPoint Diversified enters guaranty on $28.5M NSP loan and closes $39.4M OSL loan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Company guarantees up to $28.5M of NSP Borrowers' loan; fixed rate 3.62%, due Oct 2031.","Indirect subsidiaries borrow $39.39M from affiliate OSL at 8.5%, maturing Feb 2029.","OSL loan proceeds refinance existing debt on Bradenton Hampton Inn & Suites and Hyatt Place Park City.","Both loans have non-recourse carve-out guarantees with springing full recourse for bad acts or bankruptcy.","NSP Guaranty requires combined net worth >$28.5M and liquid assets >$2.85M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136009,"accession_number":"0001437749-25-029491","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2025-09-19T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"NexPoint Diversified Real Estate Trust amends advisory agreement to allow fee payment in common shares up to 6M shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Advisor can elect to receive monthly fees in common shares at 10-day VWAP, subject to 6,000,000 share cap.","Advisor may defer fees and expense reimbursements at its discretion; no interest accrues on deferred amounts.","Amendment approved by Audit Committee under Related Party Transaction Policy and board of trustees.","Cash payment remains default unless advisor delivers Election Notice to board."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136008,"accession_number":"0001437749-25-023727","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2025-07-29T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"NexPoint Diversified Real Estate Trust board defers conversion to Maryland corporation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved conversion from Delaware trust to Maryland corp on June 10, 2025.","Board deferred implementation on July 28, 2025, citing best interests of company and shareholders.","Board retains authority to terminate or further defer conversion if no longer advisable."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153048,"accession_number":"0001437749-25-019985","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2025-06-10T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Shareholders approve conversion to Maryland corp and amended LTIP at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 7 trustees elected with James Dondero receiving 17.1M for and 12.9M withheld (10.3M broker non-votes).","Say-on-pay approved: 26.6M for, 2.8M against, 0.6M abstain, 10.3M broker non-votes.","Conversion from Delaware trust to Maryland corporation approved: 27.5M for, 2.2M against, 0.3M abstain, 10.3M broker non-votes.","Amended 2023 LTIP approved: 26.8M for, 2.8M against, 0.4M abstain, 10.3M broker non-votes.","Ratification of KPMG as auditor for 2025 approved: 38.2M for, 1.7M against, 0.5M abstain (no broker non-votes)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153047,"accession_number":"0001437749-25-015782","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2025-05-09T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"NexPoint Diversified REIT corrects proxy overhang rate to 4.2%-6.1%","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Corrected overhang rates: 4.2% excluding new share request, 6.1% including 943,000 new shares, as of April 9, 2025.","Correction applies to calculations with and without OP Unit redemption impact; both yield same percentages.","Shareholders who already voted need not take action unless they wish to change their vote.","Annual Meeting remains scheduled for June 10, 2025; proposals include conversion to Maryland corporation and A&R 2023 Plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153046,"accession_number":"0001437749-25-012294","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2025-04-17T23:59:59+00:00","items":["1.01","2.01","7.01","9.01"],"status":"ready","headline":"NexPoint Diversified closes acquisition of NexPoint Hospitality Trust; NHT to delist from TSX-V","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["NXDT issued 1,084,593 common shares and ~$0.8M promissory notes to NHT unitholders as merger consideration.","Each NHT unit converted to US$0.36 cash or equivalent NXDT shares based on 10-day VWAP.","Cityplace loan maturity extended to March 8, 2026; NHT 5-Pack loan extended to September 8, 2025.","NHT units to be delisted from TSX-V on April 22, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171827,"accession_number":"0001437749-25-002277","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2025-01-30T23:59:59+00:00","items":["1.01","3.03","5.03","7.01","8.01","9.01"],"status":"ready","headline":"NexPoint launches $400M continuous offering of 9.00% Series B Preferred Shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Up to 16M Series B Preferred Shares at $25.00 per share; 9.00% cumulative dividend.","Dealer manager fee 3.0%, selling commissions 7.0% of gross proceeds.","Net proceeds to fund investment opportunities and general corporate purposes.","No public market for Series B Preferred Shares; not listed on any exchange.","Affiliate NexPoint Securities serves as exclusive dealer manager."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188832,"accession_number":"0001437749-24-038466","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2024-12-27T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"NexPoint REIT appoints Paul Richards as CFO, David Willmore as CAO effective Jan 1, 2025; Brian Mitts resigns Dec 31","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Brian Mitts to resign as CFO, EVP-Finance, Treasurer, Assistant Secretary effective 11:59 p.m. CT Dec 31, 2024.","Paul Richards appointed CFO, EVP-Finance, Treasurer, Assistant Secretary effective Jan 1, 2025; will serve as principal accounting and financial officer.","David Willmore appointed Chief Accounting Officer, Assistant Treasurer, Assistant Secretary effective Jan 1, 2025.","Richards, 36, also serves as CFO of VineBrook Homes Trust since Aug 2024 and previously at Deloitte."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188831,"accession_number":"0001437749-24-036100","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2024-11-25T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"NXDT to acquire NexPoint Hospitality Trust for $0.36/unit, ~2300% premium","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["NXDT to acquire remaining ~17% of NHT it does not own for ~$5.5M in cash or NXDT shares.","Consideration of $0.36/unit represents ~2300% premium over NHT's 30-day VWAP of $0.015.","Transaction expected to close Q1 2025, subject to unitholder and regulatory approvals.","Special committee recommends; Board approved (Dondero abstained); fairness opinion obtained.","NXDT currently owns 82.86% of NHT units; deal consolidates full control."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188830,"accession_number":"0001437749-24-035332","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2024-11-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"CFO Brian Mitts resigns effective Dec 31; Paul Richards appointed as new CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Brian Mitts resigns as CFO, EVP-Finance, Treasurer, and Assistant Secretary effective Dec 31, 2024; remains on Board of Trustees.","Paul Richards, 36, appointed CFO, EVP-Finance, Treasurer, and Assistant Secretary effective Jan 1, 2025.","David Willmore appointed Chief Accounting Officer, Assistant Treasurer, and Assistant Secretary effective Jan 1, 2025.","Separation agreement includes two $200k payments to Mitts (Feb and Aug 2025) and 12-month COBRA subsidy.","Outstanding equity awards amended to treat continued director service as continuous employment for vesting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188829,"accession_number":"0001437749-24-030715","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2024-10-04T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"NexPoint Diversified enters $750M loan guaranty; terminates prior guarantees","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$750M loan matures Nov 1, 2029; interest rates range from 4.32% to 10.28% across tranches.","Guaranty covers recourse obligations including fraud, misrepresentation, bankruptcy-related defaults.","Proceeds used for acquisitions, repaying existing loans, working capital, and required deposits.","Prior guaranties with JPMorgan and ACORE Capital terminated upon loan closing.","Company expects to convert to a Maryland REIT in 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205309,"accession_number":"0001437749-24-025570","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"NexPoint Diversified Real Estate Trust obtains $10M loan from affiliate Ohio State Life Insurance","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$10M loan from Ohio State Life Insurance Company, an affiliate via common beneficial ownership.","Interest at 10% per annum, payable monthly, matures August 2, 2029.","Loan secured by real property held by subsidiary Freedom LHV; company guarantees.","Contains customary events of default including payment, covenant, and bankruptcy defaults."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205308,"accession_number":"0001437749-24-023189","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2024-07-22T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"NexPoint amends advisory agreement to pay half of advisory fee in common shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Monthly advisory fee to be paid 50% in cash and 50% in common shares; administrative fee remains all cash.","Share issuance capped at 5% of outstanding shares/voting power before first issuance or 6,000,000 shares total.","Share cap may be lifted if shareholders approve issuances in excess of the cap.","Amendment approved by Audit Committee and Board of Trustees."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222198,"accession_number":"0001437749-24-020090","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2024-06-12T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"NexPoint Diversified Real Estate Trust announces annual meeting voting results; all proposals approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All seven trustee nominees elected; James Dondero received 18,354,187 votes for, highest among candidates.","Advisory say-on-pay approved with 17,128,536 votes for, 3,148,354 against, 300,390 abstentions.","Ratification of KPMG LLP as independent auditor for 2024 passed with 30,930,654 votes for, 286,351 against.","Common shares outstanding entitled to vote: 39,301,419; Series A preferred shares: 3,359,593 as of record date April 1, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222197,"accession_number":"0001437749-24-012853","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2024-04-23T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"NXDT OP loans $6.5M to NREF subsidiary at 7.535% PIK, matures 2029","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["NXDT OP issued a $6.5 million promissory note to NREF OP IV, a subsidiary of NREF.","Interest at 7.535% payable in kind (PIK), interest-only during the term.","Matures on April 19, 2029.","Transaction with an affiliate managed by an affiliate of NXDT's adviser."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259164,"accession_number":"0001437749-23-030669","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2023-11-07T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"NexPoint Diversified Real Estate Trust adopts clawback policy per SEC/NYSE rules","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Policy mandates recovery of erroneously awarded incentive-based compensation from current and former executive officers following an accounting restatement.","Adopted November 6, 2023; 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transaction approved by Audit Committee.","NexAnnuity may redeem shares at $1,000 per share plus unpaid dividends at any time.","The contribution closed September 1, 2023; the note's NAV was updated with revised life expectancies and discount rates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294161,"accession_number":"0001437749-23-019043","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2023-06-30T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"NexPoint Diversified REIT enters into amended partnership agreement creating three classes of units","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reclassified outstanding common partnership units into Class A, Class B, and Class C Common Units on June 30, 2023.","Class A and Class B Common Units each have 50% voting power; Class C Common Units have no voting power.","NexPoint Diversified Real Estate Trust Operating Partnership’s units reclassified into Class B Common Units.","NexPoint Homes Trust units reclassified into Class A Common Units; remaining units held by affiliates became Class C.","Economic interests of holders not materially affected by the reclassification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294160,"accession_number":"0001437749-23-017565","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2023-06-15T23:59:59+00:00","items":["1.01","5.07","9.01"],"status":"ready","headline":"NexPoint SFR OP issues $11M in 7.5% convertible notes; shareholders reject share issuance to Adviser","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Highland Income Fund (affiliate of Adviser) loans $11M to NexPoint SFR OP at 7.5% interest, convertible into units at NAV, due June 30, 2027.","At annual meeting, shareholders did not approve issuance of up to 6M common shares to Adviser under the Advisory Agreement.","All other proposals passed: trustees elected, advisory vote on exec comp approved, one-year frequency selected, KPMG ratified.","Convertible notes are interest-only during term; conversion requires certain approvals and is subject to SFR OP's right to prohibit."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294159,"accession_number":"0001437749-23-015871","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2023-05-25T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"NexPoint Diversified Real Estate Trust enters $20M revolver with NexBank, expandable to $50M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Initial $20M facility with option to increase up to $50M; interest rate = 1-month SOFR + 3.50%.","Term 1 year, renewable for two additional one-year terms; secured by equity pledges of borrower subsidiaries.","Guaranty by NexPoint Diversified Real Estate Trust; NexBank is an affiliate of the investment adviser.","Minimum debt service coverage, max leverage, and minimum liquidity covenants; no prepayment penalty."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294158,"accession_number":"0001437749-23-010080","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2023-04-12T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"NexPoint Diversified Real Estate Trust amends advisory agreement to allow adviser fee payments in common shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Adviser may elect to receive monthly fees in common shares valued at 10-day VWAP, in lieu of cash.","Share issuance capped at 5% of outstanding shares or 6M shares, unless shareholders approve more.","Audit committee reviewed and approved the amendment; effective April 11, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":314769,"accession_number":"0001437749-23-003060","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2023-02-10T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"NexPoint extends $153.7M loan maturity by 3 months to May 8, 2023","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment defers maturity from Feb 8, 2023 to May 8, 2023 for loan secured by Cityplace Tower in Dallas.","Original principal amount $153.7M; CP Tower (indirect subsidiary) and CP Land (affiliate) are borrowers.","Company is limited guarantor; NexPoint Real Estate Partners also a limited guarantor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":314768,"accession_number":"0001437749-23-002151","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2023-01-31T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Shareholders approve NexPoint Diversified Real Estate Trust 2023 Long Term Incentive Plan at special meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Plan approved with 19,314,204 For, 4,876,602 Against, 248,748 Abstentions, 0 Broker Non-Votes.","LTIP authorizes up to 2,545,000 Shares for equity awards including options, restricted shares, and performance units.","Awards may vest over time or upon achievement of Management Objectives; non-employee trustee annual limit set at $350,000.","Plan replaces or supplements prior incentive arrangements; effective upon shareholder approval on January 30, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333159,"accession_number":"0001437749-22-028929","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2022-12-12T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"NexPoint contributes SAFStor JV interests to NSP OC, enters $97.6M guaranty with Extra Space","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["NXP contributed via subsidiary all SAFStor JV interests to NSP OC for 47,064 Class B Units (14.84% of NSP OC Common Units).","NSP OC acquired remaining SAFStor interests from affiliates managed by NXDT's adviser.","NXDT and co-guarantors entered Sponsor Guaranty for Extra Space covering $64.2M in NSP debt.","Guaranty capped at $97.6M; NXDT's max liability approx. $83.8M on a pro rata common-stock basis.","NSP is a private self-storage REIT, 53% owned by NXDT as of Sept 30, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333158,"accession_number":"0001437749-22-024805","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2022-10-26T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"NexPoint amends advisory fee to cap cash portion at $1M/month; remainder in common shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Monthly advisory fee capped at $1M cash; any excess paid in common shares valued using 10-day VWAP.","Administrative fee will be paid entirely in cash.","Share issuance to adviser limited to 5% of outstanding shares and subject to REIT ownership rules.","Amendment approved by audit committee and effective October 25, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350623,"accession_number":"0001437749-22-022788","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2022-09-20T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"NexPoint guarantees up to $578.3M in loans for subsidiaries under two credit agreements","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Guaranteed $221.8M BS Loan (JPMorgan), with $23.3M escrowed for property acquisition; due Sept 2023 with extension options.","Guaranteed $356.5M CMBS Loan (JPMorgan), due Sept 2024 with three one-year extension options.","Both loans bear interest at 1-month SOFR plus spreads (4.0017%/5.375% BS; 3.55% CMBS); require interest rate cap agreements.","Proceeds used for real property acquisitions and working capital; guarantees cover carrying and recourse obligations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350622,"accession_number":"0001437749-22-019700","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2022-08-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"NexPoint Diversified Real Estate Trust holds investor call with presentation on Aug 10, 2022","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company hosted an investor call on August 10, 2022; presentation furnished as exhibit.","No specific financial results or material updates disclosed in the filing or exhibit.","Presentation content was not provided in the filing for analysis."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350621,"accession_number":"0001437749-22-019179","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2022-08-05T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"NexPoint Diversified Real Estate Trust appoints Dr. Carol Swain and Catherine Wood to Board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dr. Carol Swain and Catherine Wood appointed to Board effective August 2, 2022.","Both appointed to Audit, Compensation, and Nominating and Corporate Governance Committees.","Dr. Swain receives compensation per non-employee trustee policy; Ms. Wood receives no cash compensation.","Terms expire at the 2023 annual meeting of stockholders.","No arrangements, understandings, or reportable transactions with either appointee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":281894597.5736739,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350620,"accession_number":"0001437749-22-016455","cik":1356115,"company_name":"NEXPOINT DIVERSIFIED REAL ESTATE TRUST","ticker":"NXDT","form_type":"8-K","filed_at":"2022-07-01T23:59:59+00:00","items":["1.01","1.02","3.03","5.03","4.01","5.02","5.05","8.01","9.01"],"status":"ready","headline":"NexPoint Diversified Real Estate Trust deregisters as investment company, adopts new REIT mandate","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["SEC deregistration effective July 1, 2022; 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