---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-012853"
form_type: "8-K"
ticker: "NXDT"
cik: "0001356115"
company_name: "NEXPOINT DIVERSIFIED REAL ESTATE TRUST"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T11:40:33.026294+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# NXDT OP loans $6.5M to NREF subsidiary at 7.535% PIK, matures 2029

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-24-012853
- form_type: 8-K
- ticker: NXDT
- cik: 0001356115
- company_name: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1356115/000143774924012853/0001437749-24-012853-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1356115/000143774924012853/nexsof20240423_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-012853
- JSON: https://secwatch.observer/filing/0001437749-24-012853.json
- Plain text: https://secwatch.observer/filing/0001437749-24-012853.txt

## Key facts
- Material Agreements
  NEXPOINT DIVERSIFIED REAL ESTATE TRUST entered into NREF Note with NREF OP IV, L.P. valued at $6.5 million (effective 2024-04-19).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: NREF OP IV, L.P.
  - Value: $6.5 million
  - Effective: 2024-04-19
  source text: On April 19, 2024, NexPoint Diversified Real Estate Trust Operating Partnership, L.P. (“NXDT OP”), the operating partnership of NexPoint Diversified Real Estate Trust (“NXDT”), loaned $6.5 million to NREF OP IV, L.P. (“NREF OP IV”), a subsidiary of NexPoint Real Estate Finance, Inc. (“NREF”), an entity that is managed by an affiliate of the adviser of NXDT. In connection with the loan, NREF OP IV issued a promissory note in the principal amount of $6.5 million to NXDT OP (the “NREF Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1356115/000143774924012853/0001437749-24-012853-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.