Highest-materiality recent filing
NexPoint shareholders approve 2026 LTIP, reject liquidation proposal at annual meeting
Shareholders approved the 2026 Long Term Incentive Plan (26,945,964 for, 2,833,644 against).
NexPoint Diversified REIT participates in $962K of NSP Note at 14% PIK via side letter
OP purchased $962,000 participation interest in Secured Promissory Note (NSP Note) with NREF as lender.
NXDT sells Bradenton Hampton Inn & Suites for $26.3M cash to affiliate of adviser
Sold 100% membership interest of NHT Bradenton, LLC (owns Bradenton Hampton Inn & Suites) for approx $26.3M cash.
NexPoint Diversified enters guaranty on $28.5M NSP loan and closes $39.4M OSL loan
Company guarantees up to $28.5M of NSP Borrowers' loan; fixed rate 3.62%, due Oct 2031.
Advisor can elect to receive monthly fees in common shares at 10-day VWAP, subject to 6,000,000 share cap.
NexPoint Diversified Real Estate Trust board defers conversion to Maryland corporation
Shareholders approved conversion from Delaware trust to Maryland corp on June 10, 2025.
Shareholders approve conversion to Maryland corp and amended LTIP at annual meeting
All 7 trustees elected with James Dondero receiving 17.1M for and 12.9M withheld (10.3M broker non-votes).
NexPoint Diversified REIT corrects proxy overhang rate to 4.2%-6.1%
Corrected overhang rates: 4.2% excluding new share request, 6.1% including 943,000 new shares, as of April 9, 2025.
NexPoint Diversified closes acquisition of NexPoint Hospitality Trust; NHT to delist from TSX-V
NXDT issued 1,084,593 common shares and ~$0.8M promissory notes to NHT unitholders as merger consideration.
NexPoint launches $400M continuous offering of 9.00% Series B Preferred Shares
Up to 16M Series B Preferred Shares at $25.00 per share; 9.00% cumulative dividend.
Brian Mitts to resign as CFO, EVP-Finance, Treasurer, Assistant Secretary effective 11:59 p.m. CT Dec 31, 2024.
NXDT to acquire NexPoint Hospitality Trust for $0.36/unit, ~2300% premium
NXDT to acquire remaining ~17% of NHT it does not own for ~$5.5M in cash or NXDT shares.
CFO Brian Mitts resigns effective Dec 31; Paul Richards appointed as new CFO
Brian Mitts resigns as CFO, EVP-Finance, Treasurer, and Assistant Secretary effective Dec 31, 2024; remains on Board of Trustees.
NexPoint Diversified enters $750M loan guaranty; terminates prior guarantees
$750M loan matures Nov 1, 2029; interest rates range from 4.32% to 10.28% across tranches.
NexPoint Diversified Real Estate Trust obtains $10M loan from affiliate Ohio State Life Insurance
$10M loan from Ohio State Life Insurance Company, an affiliate via common beneficial ownership.
NexPoint amends advisory agreement to pay half of advisory fee in common shares
Monthly advisory fee to be paid 50% in cash and 50% in common shares; administrative fee remains all cash.
All seven trustee nominees elected; James Dondero received 18,354,187 votes for, highest among candidates.
the Board appointed Paul Richards as the Company’s Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary, 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 VP-Finance, Treasurer and Assistant Secretary of NexPoint Diversified Real Estate Trust
Max materiality 0.70 · Median 0.55 · Most common event other_material