DALLAS, July 31, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) announced today that its board of directors has declared a quarterly regular dividend of $0.50 per share of NREF common stock. The dividend will be payable on September 30, 2024, to stockholders of record on September 13, 2024. About NexPoint Real Estate Finance, Inc. NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its common stock and Series A Preferred Stock listed on the New ...

SOURCE NexPoint Real Estate Finance, Inc. The Company plans to issue a press release with second quarter 2024 financial results before market open on Thursday, August 1, 2024. The conference call can be accessed live over the phone by dialing 888-660-4430 or, for international callers, +1 646-960-0537 and using passcode Conference ID: 6891136. A live audio webcast of the call will be available online at the Company's website, nref.nexpoint.com (under "Resources"). An online replay will be available shortly ...

DALLAS, June 7, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) (the "Company") today announced a dividend for its 8.50% Series A Cumulative Redeemable Preferred Stock (NYSE: NREF PRA) of $0.53125 per share. The dividend will be payable on July 25, 2024, to stockholders of record at the close of business on July 15, 2024. About NexPoint Real Estate Finance, Inc. NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its common stock and Series A Preferred Stock listed on th ...

Real Estate Investments - The company has completed approximately $18.4 billion of gross real estate transactions since 2012, with its Sponsor managing about $19.8 billion in loans and credit-related investments as of March 31, 2024[183]. - The company acquired or originated investments totaling $122.54 million during the three months ended March 31, 2024, with a significant mezzanine investment in life sciences amounting to $43.28 million[187]. - The company focuses on investments in real estate sectors where its management has expertise, including multifamily, SFR, self-storage, life science, and hospitality sectors[181]. - The company targets lending or investing in stabilized properties or those with light-transitional business plans[181]. - The company has diversified its investments across various property types, primarily focusing on multifamily properties[224]. - The company has expanded its real estate portfolio with new investments in multifamily properties in various locations[226]. Financial Performance - The company reported a net loss of $16.32 million from redemptions and sales during the three months ended March 31, 2024, with total dispositions amounting to $550.06 million[188]. - Net interest loss for the three months ended March 31, 2024, was $12.8 million, a decrease of approximately $16.8 million compared to net interest income of $3.9 million for the same period in 2023, primarily due to accelerated amortization of a senior loan premium[205]. - Other income decreased to $9.2 million for the three months ended March 31, 2024, down from $10.9 million in 2023, reflecting an increase in unrealized losses related to consolidated CMBS VIEs[207]. - Operating expenses increased significantly to $11.0 million for the three months ended March 31, 2024, compared to $5.5 million in 2023, marking a 99.7% increase[205]. - Net income attributable to common stockholders for the three months ended March 31, 2024, was a loss of $14.3 million, compared to a profit of $6.6 million in 2023, representing a decrease of 317.5%[205]. - G&A expenses rose to $4.2 million for the three months ended March 31, 2024, from $2.2 million in 2023, an increase of approximately $2.0 million[208]. - Dividends declared per share decreased to $0.5000 in 2024 from $0.6850 in 2023, a reduction of 27.0%[212]. Investment Returns - The company has a preferred equity investment in multifamily properties with a coupon rate of 11.00% and a maturity date of May 1, 2030[187]. - The company has a current yield of 14.32% on a mezzanine loan in the life sciences sector, maturing on February 9, 2027[187]. - Preferred equity investments totaled $214.31 million, yielding an average return of 12.11%[226]. - The total investment in SFR Loans amounts to $135.232 million with a current yield of 5.31% and a remaining term of 3.55 years[224]. - The total investment in CMBS B-Pieces is $506.538 million, yielding an average current yield of 4.36% and a remaining term of 5.31 years[224]. - Total mezzanine loans amounted to $177.78 million with an average interest rate of 10.79%[225]. Shareholder Information - The weighted-average number of shares of common stock outstanding increased slightly to 17,264 in 2024 from 17,118 in 2023, a 0.9% increase[212]. - Weighted-average common shares outstanding - diluted increased by 2.5% to 18,082 thousand in Q1 2024 from 17,640 thousand in Q1 2023[218]. - The company has a total of 60,658 in common stock issued as of April 14, 2022[226]. - As of March 31, 2024, the company sold 1,657,700 shares of Series B Preferred Stock for total gross proceeds of $40.9 million[240]. Cash Flow and Liquidity - For the three months ended March 31, 2024, net cash provided by operating activities was $17.7 million, an increase from $15.0 million for the same period in 2023[243]. - Net cash provided by investing activities for the three months ended March 31, 2024, was $545.4 million, significantly up from $66.7 million in 2023[244]. - Net cash used in financing activities for the three months ended March 31, 2024, was $560.5 million, compared to $61.7 million in 2023[245]. - The company expects to meet its long-term liquidity requirements through various sources, including future debt or equity issuances and net cash from operations[231]. Market Conditions - The macroeconomic environment remains challenging due to high interest rates and limited credit availability, impacting commercial real estate investments[268]. Legal and Regulatory - The company has been involved in lawsuits that are not expected to materially affect its business or financial condition[185]. - The company intends to maintain its REIT status for U.S. federal income tax purposes, which commenced with the taxable year ended December 31, 2020[184].

Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Kristen Thomas Director, Investor Relations KThomas@nexpoint.com Media: MediaRelations@nexpoint.com NREF Announces First Quarter 2024 Results, Provides Second Quarter 2024 Guidance Dallas, TX, May 2, 2024 – NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended March 31, 2024. NREF reported a net loss of $(14.6) million, or $(0.83) per diluted share1, for the three months ended March 31, ...

DALLAS, May 2, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended March 31, 2024. NREF reported a net loss of $(14.6) million, or $(0.83) per diluted share1, for the three months ended March 31, 2024. NREF reported cash available for distribution2 of $14.9 million, or $0.60 per diluted share1, for the three months ended March 31, 2024. "Amid challenging conditions in the commercial real estate market, NREF ...

DALLAS, May 2, 2024 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) announced today that its board of directors has declared a quarterly regular dividend of $0.50 per share of NREF common stock. The dividend will be payable on June 28, 2024, to stockholders of record on June 14, 2024.  About NexPoint Real Estate Finance, Inc. NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its common stock and Series A Preferred Stock listed on the New York Stock ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-K __________________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39210 __________________________________ NexP ...

10,101 $ 9,820 $ 11,546 $ 11,881 $ 9,591 $ 9,165 $ 11,091 $ 26,407 WEIGHTED AVERAGE DILUTED SHARES ASSUMES VESTING OF ALL OUTSTANDING UNVESTED RESTRICTED STOCK UNITS AND CONVERSION OF ALL REDEEMABLE NON-CONTROLLING INTERESTS Net Income (Loss) and EAD per Diluted Share 4Q 2023 Financial 1Q 2022 FINANCIAL SUPPLEMENT Supplement February 29, 2024 CONTACT 2 NexPoint Real Estate Finance 25.5% D I S C O U N T T O B O O K 1 NREF Total Return vs Peers4 BASED ON FEBRUARY 28, 2024, BOOK VALUE INCLUDING REDEEMABLE NON- ...

[Financial Performance and Highlights](index=1&type=section&id=Financial%20Performance%20and%20Highlights) NexPoint Real Estate Finance, Inc. (NREF) reported strong Q4 2023 financial results and maintained a robust, diversified portfolio with favorable metrics [Fourth Quarter 2023 Financial Results](index=1&type=section&id=Fourth%20Quarter%202023%20Financial%20Results) For the fourth quarter of 2023, NexPoint Real Estate Finance, Inc. (NREF) reported a net income of $17.9 million, or $0.74 per diluted share, with Cash Available for Distribution (CAD) at $11.8 million, or $0.51 per diluted share Q4 2023 Key Financial Metrics | Metric | Value | Per Diluted Share | | :--- | :--- | :--- | | Net Income | $17.9 million | $0.74 | | Cash Available for Distribution (CAD) | $11.8 million | $0.51 | - Management expressed confidence in the portfolio's stable and defensive returns despite a challenging commercial real estate market, highlighting plans to capitalize on disruptions in the multifamily, single-family rental, life sciences, and self-storage sectors[3](index=3&type=chunk) [Fourth Quarter 2023 Highlights](index=1&type=section&id=Fourth%20Quarter%202023%20Highlights) As of Q4 2023, NREF's total portfolio stood at $1.6 billion across 87 investments, heavily concentrated in single-family rental (46.0%) and multifamily (47.2%) debt, with strong metrics including a weighted-average LTV of 68.8% and a DSCR of 1.72x Portfolio Composition (Debt Portfolio) | Sector | Percentage of Portfolio | | :--- | :--- | | Single-family rental (SFR) | 46.0% | | Multifamily | 47.2% | | Life Sciences | 5.2% | | Self-storage | 1.5% | Key Portfolio Statistics (as of Dec 31, 2023) | Metric | Value | | :--- | :--- | | Total Portfolio Value | $1.6 billion | | Number of Investments | 87 | | Weighted-Average LTV | 68.8% | | Weighted-Average DSCR | 1.72x | - Key portfolio activities in Q4 2023 include making follow-on preferred equity investments of **$16.5 million** and originating a new preferred equity investment of **$15.3 million**[8](index=8&type=chunk) - The company received **$3.5 million** in preferred equity redemptions and **$29.5 million** in senior loan redemptions[8](index=8&type=chunk) - As of February 28, 2024, there are **no loans in forbearance** within the portfolio[8](index=8&type=chunk) [Future Outlook and Guidance](index=2&type=section&id=Looking%20Ahead%3A%20First%20Quarter%202024%20Guidance) NREF provides its financial outlook for Q1 2024, including key guidance metrics and the impact of a significant one-time amortization event [First Quarter 2024 Guidance](index=2&type=section&id=First%20Quarter%202024%20Guidance) For the first quarter of 2024, NREF provided guidance with a midpoint estimate for Earnings Available for Distribution (EAD) per diluted share at $(0.45) and Cash Available for Distribution (CAD) per diluted share at $0.58, significantly impacted by a one-time $29.5 million accelerated premium amortization Q1 2024 Guidance per Diluted Share | Metric | Low | Midpoint | High | | :--- | :--- | :--- | :--- | | Net Income (loss) per Share (EPS) | $(0.55) | $(0.50) | $(0.45) | | EAD per Share | $(0.50) | $(0.45) | $(0.40) | | CAD per Share | $0.53 | $0.58 | $0.63 | - The guidance for Net Income and EAD includes a **$29.5 million** accelerated amortization of premium associated with a senior loan prepayment in Q1 2024, which negatively impacts these metrics[11](index=11&type=chunk) [Supplemental Information](index=2&type=section&id=Supplemental%20Information) This section provides additional details including conference call information, reconciliation and definitions of non-GAAP financial measures, company background, and forward-looking statement disclaimers [Conference Call Details](index=2&type=section&id=Conference%20Call%20Details) The company scheduled a conference call for Thursday, February 29, 2024, at 11:00 a.m. ET to discuss its fourth-quarter 2023 financial results, with access details provided for phone and live webcast - A conference call to discuss Q4 2023 results was scheduled for February 29, 2024, at 11:00 a.m. ET, with access provided via telephone and a live webcast on the company's website[12](index=12&type=chunk)[13](index=13&type=chunk) [Reconciliation of Non-GAAP Financial Measures](index=3&type=section&id=Reconciliations%20of%20Non-GAAP%20Financial%20Measures) This section provides a detailed table reconciling GAAP net income attributable to common stockholders with the non-GAAP measures of Earnings Available for Distribution (EAD) and Cash Available for Distribution (CAD), showing a significant improvement from a net loss in Q4 2022 Reconciliation of Net Income to EAD and CAD (in thousands) | Metric | Q4 2023 | Q4 2022 | | :--- | :--- | :--- | | Net income (loss) attributable to common stockholders | $13,635 | $(3,733) | | EAD | $10,101 | $9,591 | | CAD | $11,760 | $10,203 | | EAD per Diluted Share | $0.44 | $0.42 | | CAD per Diluted Share | $0.51 | $0.45 | [Non-GAAP Financial Measures Definitions](index=4&type=section&id=Non-GAAP%20Financial%20Measures%20Definitions) The report defines its non-GAAP financial measures, Earnings Available for Distribution (EAD) and Cash Available for Distribution (CAD), noting their use for performance evaluation and distribution capacity, while acknowledging potential comparability differences with other REITs - **Earnings Available for Distribution (EAD)** is defined as **GAAP net income** adjusted for non-cash items like unrealized gains/losses and stock-based compensation, used to evaluate performance and the long-term ability to pay distributions[18](index=18&type=chunk)[20](index=20&type=chunk) - **Cash Available for Distribution (CAD)** is calculated by adjusting **EAD** for certain non-cash items like amortization of premiums, accretion of discounts, and depreciation, used to assess the current ability to pay distributions[18](index=18&type=chunk)[21](index=21&type=chunk) [About NexPoint Real Estate Finance, Inc.](index=4&type=section&id=About%20NexPoint%20Real%20Estate%20Finance%2C%20Inc.) NexPoint Real Estate Finance, Inc. is a publicly traded Real Estate Investment Trust (REIT) listed on the NYSE, primarily focused on originating, structuring, and investing in various real estate debt instruments, particularly within the multifamily sector - **NREF** is a publicly traded **REIT** on the **NYSE** focused on originating and investing in first-lien mortgage loans, mezzanine loans, preferred equity, and other multifamily-related securities[16](index=16&type=chunk) [Forward-Looking Statements](index=4&type=section&id=Forward-Looking%20Statements) This section contains a standard safe harbor statement, clarifying that statements regarding Q1 2024 guidance and future market opportunities are forward-looking and subject to risks and uncertainties, not guarantees of future performance - The press release includes **forward-looking statements** concerning Q1 2024 guidance and the company's ability to seize market opportunities, which are subject to risks and uncertainties and are not guarantees of future results[17](index=17&type=chunk)