other material
confidence high
sentiment neutral
materiality 0.60
NXDT sells Bradenton Hampton Inn & Suites for $26.3M cash to affiliate of adviser
NEXPOINT DIVERSIFIED REAL ESTATE TRUST
- 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.