NexPoint Real Estate Finance, Inc. reports news as a publicly traded REIT focused on originating, structuring and investing in real estate credit and related equity investments. Its updates commonly cover first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties, common equity investments, CMBS securitizations, promissory notes, revolving credit facilities and stock warrants.
NREF news also includes quarterly financial results and guidance, common and preferred stock dividends, dividend tax treatment, annual meeting materials and portfolio themes tied to multifamily, single-family rental, self-storage, industrial and life sciences real estate sectors.
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.