NREF provides $500K loan to affiliate NexPoint SFR OP at 12.5% PIK interest, maturing March 2025

NexPoint Real Estate Finance, Inc.

NREF loaned $500,000 to NexPoint SFR Operating Partnership, L.P. (affiliate) via a 12.50% note dated March 31, 2024.
Interest is payable in kind (PIK), interest-only during the term; note matures on March 31, 2025.
SFR OP is the operating partnership of NexPoint Homes Trust, which is advised by an affiliate of NREF's manager.
The note represents a related-party transaction; the principal amount is small relative to NREF's balance sheet.

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