#United States #Dallas #stock offering #NexPoint Real Estate #Series C Preferred

NexPoint Real Estate Finance Inc. Launches $200 Million Stock Offering

On November 4, 2025, NexPoint Real Estate Finance, Inc. (NYSE: NREF), a prominent player in the real estate finance sector, unveiled a public offering plan targeting up to 8 million shares of its newly created 8.00% Series C Cumulative Redeemable Preferred Stock. This initiative is set to generate gross proceeds of $200 million, with each share priced at $25.

NexPoint is recognized as a commercial mortgage Real Estate Investment Trust (REIT) that primarily focuses on the multifamily, single-family rental, self-storage, and life sciences markets. The company's strategy emphasizes investing in areas where its management possesses substantial operational expertise, mainly across the top 50 metropolitan statistical areas in the United States.

The capital raised from this continuous offering is intended for general corporate purposes. This may include financing new investments, addressing existing debt obligations, and enhancing overall business operations. NexPoint Securities, Inc., linked to NexPoint Real Estate Advisors VII, L.P., is expected to serve as the dealer manager for this offering, supporting the initiative under a "reasonable best efforts" basis.

Currently, there exists no public market for the Series C Preferred Stock, and as such, NexPoint does not plan to seek a listing for these shares on any national securities exchange. The company anticipates the offering will conclude when all shares are sold or by December 29, 2026, whichever comes first. However, this timeline can be modified at the discretion of the board of directors, which also holds the authority to discontinue the offering at any time.

The offering aligns with NexPoint's effective shelf registration statement filed with the Securities and Exchange Commission (SEC), which became effective on December 29, 2023. Interested investors can access the final prospectus and related documents through NexPoint Securities, or by visiting the SEC's website, ensuring an informed decision.

Importantly, this announcement does not constitute an offer to sell or solicit any purchase offers for these securities in jurisdictions where such offers would be unlawful without proper registration or qualification under relevant laws.

About NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc. operates as a publicly traded REIT with its common stock traded under the symbol "NREF" and Series A Preferred Stock under "NREF-PRA." The company's core operations involve originating, structuring, and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, and both multifamily and single-family rental commercial mortgage-backed securities.

Looking Ahead

Investors and market participants should be prudent with the forward-looking statements provided by NexPoint, noting that they rely on current conditions and various assumptions surrounding market dynamics and company operations. As with any investment, potential risks and uncertainties may impact the company's actual results, which could differ from those anticipated. For a more comprehensive understanding, stakeholders are encouraged to consult NexPoint's SEC filings, including their Annual Report on Form 10-K, for detailed insights into risk factors and the company’s financial conditions, ensuring they are well equipped to navigate the investment landscape.

In summary, the launch of this series of preferred stocks represents a significant step for NexPoint, aiming to solidify its financial foundation while targeting investment opportunities within the real estate sector. The company's strategic focus and commitment to leveraging management expertise underscore its continued growth potential in an ever-evolving market.