Welcome to our dedicated page for Nexpoint Real Estate Finance news (Ticker: NREF), a resource for investors and traders seeking the latest updates and insights on Nexpoint Real Estate Finance stock.
NexPoint Real Estate Finance, Inc. (NREF) is a commercial mortgage REIT whose news flow centers on real estate credit, capital markets activity, and portfolio performance. The company’s announcements highlight its focus on originating, structuring, and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties, common equity investments, and commercial mortgage-backed securities tied to multifamily and single-family rental assets.
News updates for NREF frequently cover earnings results and financial guidance. Quarterly press releases provide details on net income attributable to common stockholders, non-GAAP measures such as Earnings Available for Distribution (EAD) and Cash Available for Distribution (CAD), portfolio composition by property type, and metrics such as weighted-average loan-to-value and debt service coverage ratios. These releases often include reconciliations of non-GAAP measures to GAAP results and commentary from management on portfolio strategy.
Another recurring theme in NREF’s news is capital raising and preferred stock offerings. The company has reported on the full subscription and closing of its 9.00% Series B Cumulative Redeemable Preferred Stock offering and the launch of its 8.00% Series C Cumulative Redeemable Preferred Stock continuous offering. Related 8-K filings describe the dealer manager arrangements, terms of the Series C preferred stock, and amendments to the operating partnership agreement to create corresponding preferred units.
NREF’s news feed also includes dividend declarations on both common stock and its 8.50% Series A Cumulative Redeemable Preferred Stock, specifying per-share amounts and key dates. Additional items may cover debt financings, such as senior unsecured notes issued by the operating partnership, promissory note amendments with related entities, and property-level transactions like the sale of the Hudson Montford multifamily property.
Investors and analysts following NREF’s news can track how the company manages its real estate credit portfolio, raises capital through preferred equity and debt, and maintains its dividend practices. This page aggregates these updates in one place for convenient access to the latest company-specific developments.
NexPoint Real Estate Finance (NREF) has announced a quarterly dividend of $0.40 per share, scheduled for payment on September 30, 2020. Stockholders of record as of September 15, 2020 will be eligible to receive this dividend. NREF, a publicly traded REIT, primarily focuses on originating and investing in first mortgage loans, mezzanine loans, and other structured financings in commercial real estate. This dividend reflects the company's commitment to returning income to shareholders.
NexPoint Real Estate Finance, Inc. (NREF) announced its second quarter financial results for 2020, ending June 30. The results were shared in a presentation accessible via NREF's website. Additionally, a conference call is scheduled for August 6, 2020, at 11:00 AM ET to discuss these results and COVID-19 updates. NREF operates as a publicly traded REIT focused on mortgage loans and structured financings in commercial real estate. The company’s forward-looking statements warn investors of risks related to the ongoing pandemic.
NexPoint Real Estate Finance, Inc. (NREF) announced the appointment of Catherine Wood as an independent director, effective July 27, 2020. The company’s chairman, James Dondero, expressed enthusiasm for Ms. Wood's unique background and fresh perspective, which is expected to enhance the board's effectiveness. Wood is the CEO and CIO of ARK Investment Management, with previous experience at AllianceBernstein and Tupelo Capital Management. NREF operates as a publicly traded REIT focused on commercial real estate financing.
NexPoint Real Estate Finance, Inc. (NREF) announced the pricing of an underwritten offering of 2,000,000 shares of its 8.50% Series A Cumulative Redeemable Preferred Stock at $24.00 per share, totaling gross proceeds of $48.0 million. Underwriters also have a 30-day option to purchase an additional 300,000 shares. The offering's closing is expected on July 24, 2020, pending customary conditions. NREF plans to list the Series A stock under the ticker symbol 'NREF PRA' on the NYSE.
NexPoint Real Estate Finance (NREF) will host a conference call on August 6, 2020, at 11:00 a.m. ET to discuss its second quarter financial results and updates on the COVID-19 crisis. Investors can join the call by dialing 800-353-6461 or through a live audio webcast on the company's website. A press release with the financial results will precede the call. The replay will be available until August 13, 2020. NREF focuses on originating and investing in mortgage loans and related securities in commercial real estate.