Nexpoint Real Estate Finance Inc Stock Price, News & Analysis

NexPoint Real Estate Finance, Inc. (NREF) has successfully closed a public offering of $60 million in 5.75% Senior Unsecured Notes due 2026. The notes were issued at 102.758% of par, yielding 5.036%. This issuance supplements an existing $75 million of similar notes, allowing NREF to leverage its debt instruments. Proceeds will be directed to the operating partnership to pursue investments aligned with its strategy. The offering follows a shelf registration statement that became effective on March 31, 2021.

NexPoint Real Estate Finance, Inc. (NREF) announced the pricing of a public offering of $60 million in 5.75% Senior Unsecured Notes due 2026. The notes were priced at 102.758% of par, yielding 5.036% to maturity. This offering will close on or about December 20, 2021. The net proceeds from the offering will be allocated to NexPoint's operating partnership for investments aligned with its strategy. Raymond James serves as the book-running manager for the offering, which is conducted under a previously effective shelf registration statement.

NexPoint Real Estate Finance, Inc. (NREF) announced the launch of an offering for its 5.75% Senior Notes due 2026, expanding upon a previously issued $75 million in notes. The new Additional Notes will be issued under the same indenture and share identical terms with the Initial Notes. Proceeds from this offering will go to the operating partnership for strategic investments. Raymond James is the sole book-running manager for this offering, which follows a shelf registration effective since March 31, 2021. This press release does not serve as an offer or solicitation for the purchase of the notes.

NexPoint Real Estate Finance, Inc. (NREF) announced a dividend of $0.53125 per share for its 8.50% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on January 25, 2022 to stockholders of record on January 14, 2022. NREF primarily focuses on originating, structuring, and investing in various types of loans and securities within commercial real estate. For further details, visit the company's website.

NexPoint Real Estate Finance (NREF) announced a quarterly dividend of $0.475 per share, payable on December 30, 2021, to stockholders of record by December 15, 2021. This decision reflects the company's ongoing commitment to returning capital to shareholders. NREF operates as a publicly traded REIT focusing on first mortgage loans, mezzanine loans, preferred equity, and common stock in commercial real estate, including multifamily commercial mortgage-backed securities. For more information, visit nref.nexpoint.com.

NexPoint Real Estate Finance (NREF) reported a significant increase in net income for Q3 2021, reaching $25.2 million, or $1.17 per diluted share, up 118.3% from $11.5 million a year prior. Earnings available for distribution rose to $5.2 million or $0.71 per diluted share, reflecting a 69.0% increase year-over-year. The company’s total portfolio comprises $1.6 billion across 68 investments, with a zero loans in forbearance. NREF's strong performance is attributed to the growth in single-family rentals and multifamily investments, aligning with post-pandemic recovery.

NexPoint Real Estate Finance, Inc. (NREF) will host a conference call on November 4, 2021, at 11:00 a.m. ET to discuss its third quarter 2021 financial results. Investors can join by dialing 800-437-2398 or for international calls at +1 929-477-0591 with the passcode 1130902. A live audio webcast will be available on the Company's website, with a replay accessible for 60 days following the call. Additional financial results will be presented before market open on the same date.

NexPoint Real Estate Finance, Inc. (NYSE: NREF) has declared a dividend of $0.53125 per share on its 8.50% Series A Cumulative Redeemable Preferred Stock. This dividend is scheduled for payment on October 25, 2021 to stockholders of record as of October 15, 2021. NREF focuses on originating and investing in various commercial real estate financing options including first mortgage loans and mezzanine loans. The REIT aims to deliver stable income to its shareholders through its diversified investment strategy.

NexPoint Real Estate Finance (NYSE: NREF) announced the pricing of its public offering of 2,000,000 shares at $21.00 per share, expected to close around August 20, 2021. The underwriters have the option to purchase 300,000 additional shares. Proceeds will be used to repay debt and fund investments aligned with the company's strategy, including life science and self-storage preferred investments. This follows a shelf registration declared effective on March 31, 2021.