NexPoint Diversified Real Estate Trust Unveils $400 Million Offering of Preferred Shares to Boost Investments
NexPoint Diversified Real Estate Trust Launches Significant Offering
On January 30, 2025, NexPoint Diversified Real Estate Trust (NYSE: NXDT) announced a groundbreaking continuous public offering of up to 16 million shares of its newly designated 9.00% Series B Cumulative Redeemable Preferred Shares. This offering, priced at $25.00 per share, is projected to generate a remarkable $400 million in gross proceeds.
About the Offering
NXDT, a well-recognized diversified real estate investment trust (REIT), is committed to the acquisition, development, and management of a wide array of opportunistic and value-add investments across the United States. The organization intends to utilize the net proceeds from this offering to capitalize on investment opportunities within its core sectors, as well as to support general corporate purposes, expanding its footprint within the real estate market.
The Series B Preferred Shares are being offered through NexPoint Securities, Inc., an affiliate that acts as the dealer manager for this continuous offering. This initiative is built on a
Topics Financial Services & Investing）
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