Core Viewpoint - NexPoint Real Estate Finance, Inc. (NREF) has launched a continuous public offering of up to 8,000,000 shares of its newly designated 8.00% Series C Cumulative Redeemable Preferred Stock at a price of $25.00 per share, aiming for gross proceeds of $200 million [1][2]. Group 1: Offering Details - The offering is intended to raise gross proceeds of $200 million through the sale of 8,000,000 shares of Series C Preferred Stock [1]. - The net proceeds from the offering will be used for general corporate purposes, including funding investments and repaying outstanding debt obligations [2]. - The offering will terminate either when all shares are sold or on December 29, 2026, whichever comes first, with the possibility of extension at the board's discretion [4]. Group 2: Company Background - NREF is a commercial mortgage real estate investment trust (REIT) focused on sectors where its management has expertise, including multifamily, single-family rental, self-storage, and life sciences, primarily in the top 50 metropolitan areas [2][7]. - The company is publicly traded, with its common stock and Series A Preferred Stock listed on the New York Stock Exchange under the symbols "NREF" and "NREF-PRA" respectively [7]. Group 3: Management and Offering Process - NexPoint Securities, Inc., an affiliate of NexPoint Real Estate Advisors VII, L.P., will act as the dealer manager for the offering, which is being conducted on a "reasonable best efforts" basis [3]. - There is currently no public market for the Series C Preferred Stock, and the company does not plan to list it on any national securities exchange [3].