Paul Richards
on November 11, 2024 the Board appointed Paul Richards as the Company’s Chief Financial Officer, Executive Vice President-Finance, Assistant Secretary and Treasurer effective as of 12:00 a.m. Central Time on January 1, 2025.
Highest-materiality recent filing
NexPoint RE Finance annual meeting results: all proposals pass, directors elected
Seven directors elected, including James Dondero, Brian Mitts, and Catherine Wood, with broker non-votes of 3,286,595.
NexPoint Real Estate Finance OP enters $20M secured credit agreement with VineBrook Homes
Revolver bears 9.75% interest, matures May 7, 2028, with two one-year extension options.
NexPoint Real Estate Finance reports Q1 net income $10M, CAD $13.5M; declares $0.50 dividend
Q1 2026 net income $10.0M ($0.42 diluted EPS); CAD $13.5M ($0.58 per share).
NexPoint Real Estate Finance closes $375M secured term loan from Mizuho to refinance 2026 notes
Borrowed $310M under $375M facility; used $185.2M to repay 5.75% senior unsecured notes due May 1, 2026.
On March 30, 2026, OP loaned $6.0M to NexPoint Storage Partners OC under existing NSP Note (14% PIK, matures Jan 2031).
NREF reports Q4 2025 net income $13.6M ($0.52/diluted), CAD $0.53/sh; declares $0.50 dividend
Net income attributable to common stockholders $13.6M, or $0.52 per diluted share for Q4 2025.
OP loaned $16.7M to NSP OC; aggregate borrowing capacity up to $40M under the note.
NexPoint Real Estate Finance closes $404.5M Series B preferred offering, launches $200M Series C
Series B Cumulative Redeemable Preferred Stock offering closed with ~$404.5M gross proceeds, fully subscribed.
NexPoint Real Estate Finance launches $200M offering of 8.00% Series C Preferred Stock at $25/share
Up to 8M shares of 8.00% Series C Cumulative Redeemable Preferred Stock offered at $25/share, targeting $200M gross proceeds.
NREF Q3 2025 net income $35M ($1.14 EPS); Q4 dividend $0.50/share
Net income $35.0M ($1.14 diluted EPS); CAD $12.1M ($0.53 per diluted share).
NexPoint Real Estate Finance issues $45M 7.875% notes due 2026, refinances existing debt
Issued $45M of Senior Unsecured Notes at 7.875% due Oct 10, 2026 with two six-month extension options.
As of Oct 1, 2025, 13,717,142 shares sold; 3,482,858 shares remain available at $25.00 per share.
NexPoint Real Estate Finance increases promissory note to affiliate to $15M at 15% interest
Maximum note capacity raised to $15M from $5M; additional $5M funded to NexPoint SFR Operating Partnership.
NexPoint Real Estate Finance Reports Q2 2025 Net Income of $12.3M and Provides Q3 Guidance
Net income attributable to common stockholders was $12.3 million, or $0.54 per diluted share for Q2 2025.
NexPoint Real Estate Finance sells Charlotte multifamily property for $60M
Sold Hudson Montford multifamily property (204 units, Charlotte, NC) for $60M to NexBank Capital.
NexPoint Real Estate Finance stockholders elect all director nominees and ratify KPMG as auditor
All seven director nominees elected: James Dondero, Brian Mitts, Edward Constantino, Scott Kavanaugh, Arthur Laffer, Carol Swain, Catherine Wood.
NREF Q1 net income $16.5M ($0.70/sh); CAD $10.5M ($0.45/sh)
Net income attributable to common stockholders of $16.5M, or $0.70 per diluted share.
NexPoint Real Estate Finance files corrective consent from KPMG to fix ineffective hyperlink
Filed Exhibit 23.1 containing consent of independent auditor KPMG.
Series B Preferred: 8,118,666 shares sold to date; max 7,881,334 remaining at $25.00/share.
NREF reports Q4 2024 net income $8.4M, CAD $0.47 per share; portfolio $1.2B
Net income $8.4M ($0.43 diluted EPS); cash available for distribution $10.9M ($0.47 diluted per share).
NREF assigns $7.5M loan interest to OSL; ups OSL's allocation to 14.49% of Alewife Loan
Effective Jan 2, 2025, NREF subsidiary OP IV assigned $7.5 million interest in IQHQ-Alewife Loan to OSL for cash.
NexPoint Real Estate Finance appoints Paul Richards as CFO effective Jan 1, 2025
Brian Mitts resigns as CFO, EVP-Finance, Secretary & Treasurer, effective 11:59 p.m. CT Dec 31, 2024.
Brian Mitts resigns as CFO, EVP-Finance, Secretary, Treasurer effective Dec 31, 2024; remains on board.
NREF Q3 net income $16.1M ($0.75/sh), CAD $0.67/sh; Q4 guidance issued
Net income attributable to common $16.1M, diluted EPS $0.75; cash available for distribution $15.8M ($0.67/sh).
NexPoint Real Estate Finance Q2 net income $0.40/share; CAD $0.64; portfolio $1.2B
Net income $7.5M ($0.40 diluted EPS); CAD $15.0M ($0.64 per share) for Q2 2024.
NexPoint RE Finance shareholders elect all 7 director nominees, ratify KPMG as auditor
All director nominees elected: Dondero (12.2M for), Mitts (12.2M), Constantino (11.0M), Kavanaugh (10.7M), Laffer (11.1M), Swain (11.1M), Wood (10.7M).
NexPoint Real Estate Finance borrows $10M from NexBank in related-party loan
Loan principal of $10M with interest at higher of 1-month SOFR +4.2% or 8.25% per annum.
NexPoint Real Estate Finance reports Q1 net loss of $14.6M, CAD of $14.9M
Net loss of $14.6M ($0.83/diluted share) for Q1 2024; cash available for distribution of $14.9M ($0.60/share).
NREF subsidiary signs $6.5M promissory note to related-party NXDT OP at 7.535% PIK
OP IV borrowed $6.5M from NXDT OP, the operating partnership of NexPoint Diversified Real Estate Trust.
NREF provides $500K loan to affiliate NexPoint SFR OP at 12.5% PIK interest, maturing March 2025
NREF loaned $500,000 to NexPoint SFR Operating Partnership, L.P. (affiliate) via a 12.50% note dated March 31, 2024.
NREF Q4 net income $17.9M ($0.74/sh), CAD $11.8M ($0.51/sh); portfolio $1.6B, no forbearance
Q4 2023 net income $17.9M ($0.74 diluted EPS); cash available for distribution $11.8M ($0.51/sh).
NexPoint shareholders approve Amended LTIP; 96.9% votes in favor
Shareholders approved Amended LTIP with 11,758,125 votes for (96.9% of cast votes), 325,878 against, 40,608 abstentions.
NexPoint Real Estate Finance amends bylaws on stockholder written consent actions
Board approved Second Amended and Restated Bylaws on Jan 3, 2024.
NexPoint Real Estate Finance adopts Clawback Policy to comply with NYSE listing standards
Board adopted Clawback Policy on Nov 6, 2023, effective for incentive-based compensation received on or after Oct 2, 2023.
NexPoint Real Estate Finance reports Q3 net loss of $15.4M; announces preferred stock offering
Net loss of $15.4M ($0.82 diluted EPS) for Q3 2023.
NexPoint Real Estate Finance launches $400M offering of 9.0% Series B Preferred Stock
Up to 16M shares at $25 each for gross proceeds of $400M; net proceeds for general corporate purposes.
NexPoint Real Estate Finance Q2 2023 net income $9.3M, cash available for distribution $11.3M
Net income $9.3M ($0.36 diluted EPS); cash available for distribution $11.3M ($0.49 per share).
NexPoint holds annual meeting; elects directors, ratifies KPMG as auditor
All six director nominees elected: Dondero, Mitts, Constantino, Kavanaugh, Laffer, Swain, Wood.
NexPoint Real Estate Finance Q1 net income $9.4M, declares $0.50 quarterly + $0.185 special dividend
Net income $9.4M ($0.37 diluted EPS); cash available for distribution $12.4M ($0.55 per share).
Amended Bylaws require nominating stockholders to disclose intent to solicit proxies under Rule 14a-19 and provide evidence of compliance.
NREF reports Q4 net loss $1.3M, declares special dividend $0.185; full year CAD $3.21/share
Q4 2022 net loss of $1.3M ($0.16 diluted EPS); full year net income $17.2M ($0.51 diluted EPS).
NexPoint Real Estate Finance issues 2.1M shares of common stock upon redemption of OP units
Redeemed 2,100,000 Class B OP Units and issued 2,100,000 common shares on December 23, 2022.
REIT Sub and co-guarantors guarantee NSP's Series D Preferred and two notes totaling ~$64.2M issued to Extra Space.
NexPoint Real Estate Finance reports Q3 net loss of $8.7M, diluted EPS -$0.54
Net loss of $8.7M vs net income of $25.2M (diluted EPS -$0.54 vs $1.17) in Q3 2021.
NexPoint Real Estate Finance appoints Dr. Carol Swain to Board and three committees
Dr. Carol Swain appointed to Board effective August 2, 2022; term expires at 2023 annual meeting.
NREF Q2 net income $8.5M ($0.34 EPS) down 31% YoY; EAD $0.56; Q3 div $0.50
Net income $8.5M ($0.34 diluted EPS) vs $12.3M ($0.58) in Q2 2021, down 31%.
NexPoint Real Estate Finance holds annual meeting; directors elected, KPMG ratified
All six director nominees elected with 9.1M–9.5M votes for each; broker non-votes of 3.83M.
NREF Q1 2022 EAD $1.23/shr up 186% YoY; declares Q2 dividend $0.50
Net income $18.7M ($0.81 diluted EPS) vs $25.1M ($1.26) in Q1 2021.
NexPoint Real Estate Finance establishes $100M ATM program for common and preferred stock
Entered equity distribution agreements with Raymond James, KBW, Baird, and Virtu Americas.
NexPoint Real Estate Finance Q4 net income $21M, FY21 EPS $3.93; dividend raised 5.3% to $0.50
Q4 net income $21.0M ($0.92 diluted EPS); FY21 net income $83.5M ($3.93 diluted EPS).
on November 11, 2024 the Board appointed Paul Richards as the Company’s Chief Financial Officer, Executive Vice President-Finance, Assistant Secretary and Treasurer effective as of 12:00 a.m. Central Time on January 1, 2025.
On November 11, 2024, Brian Mitts resigned effective as of 11:59 p.m. Central Time on December 31, 2024 from his positions as Chief Financial Officer, Executive Vice President-Finance, Secretary and Treasurer of NexPoint Real Estate Finance, Inc.
On August 2, 2022, Dr. Carol Swain was appointed to the Board of Directors (the “Board”) of NexPoint Real Estate Finance, Inc.
Max materiality 0.90 · Median 0.55 · Most common event earnings