STOCK TITAN

NexPoint Real Estate Finance Announces Appointment of Independent Director

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

NexPoint Real Estate Finance, Inc. (NYSE: NREF) has appointed Dr. Carol Swain as an independent director, effective August 2, 2022. Dr. Swain brings extensive experience as a political scientist and business leader, having authored 11 books and served on various advisory committees. Her background includes tenure at Princeton and Vanderbilt Universities. Chief Investment Officer Matthew McGraner expressed confidence that her expertise will support the company's long-term objectives. NexPoint primarily focuses on investments in first mortgage loans and commercial real estate.

Positive
  • Appointment of Dr. Carol Swain as an independent director may provide fresh perspectives and insights to the company.
  • Dr. Swain's diverse experience in academia and business leadership could enhance decision-making and strategy execution.
Negative
  • Concerns may arise regarding potential continuity and experience gaps in leadership given the new director's background.

DALLAS, Aug. 4, 2022 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (the "Company") (NYSE: NREF) announced today Dr. Carol Swain was appointed to the Board of Directors effective August 2, 2022.

Dr. Carol Swain, an award-winning political scientist and former tenured professor at Princeton and Vanderbilt Universities, is a Distinguished Senior Fellow for Constitutional Studies with the Texas Public Policy Foundation and an educational advisor for American Cornerstone Institute. She has served on the Tennessee Advisory Committee to the U.S. Civil Rights Commission, the National Endowment for the Humanities, and the 1776 Commission. Additionally, Dr. Swain is the author or editor of 11 books. Dr. Swain is an entrepreneur, and her businesses include Carol Swain Enterprises, L.L.C. and Unity Training Solutions, L.L.C., which offers an alternative to Diversity, Equity, and Inclusion (DEI) training. She holds five degrees including a Ph.D. from the University of North Carolina at Chapel Hill and an M.S.L. from Yale.

"We are delighted that Dr. Swain will be serving as an independent director in support of NexPoint Real Estate Finance," said Matthew McGraner, Chief Investment Officer, NexPoint Real Estate Advisors. "Dr. Swain's experience as both an accomplished business leader and scholar will be beneficial to the Company as we seek to further execute against our long-term business objectives."

About NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NREF," primarily focused on originating, structuring, and investing in first mortgage loans, mezzanine loans, preferred equity, and alternative structured financings in commercial real estate properties, as well as multifamily commercial mortgage-backed securities. More information about the Company is available at nref.nexpoint.com.

CONTACTS
Jackie Graham 
Director, Investor Relations
JGraham@nexpoint.com

Lucy Bannon
Chief Communications Officer
lbannon@nexpoint.com

Mike Geller
Prosek Partners for NexPoint
mgeller@prosek.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nexpoint-real-estate-finance-announces-appointment-of-independent-director-301599873.html

SOURCE NexPoint Real Estate Finance, Inc.

FAQ

Who is Dr. Carol Swain and what is her role at NexPoint Real Estate Finance?

Dr. Carol Swain was appointed as an independent director at NexPoint Real Estate Finance, effective August 2, 2022, bringing extensive academic and business experience.

What impact could Dr. Swain's appointment have on NexPoint Real Estate Finance?

Dr. Swain's appointment is expected to provide new insights and strategies aligned with NexPoint's long-term business objectives.

When was Dr. Swain's appointment to the board announced?

The announcement of Dr. Swain's appointment was made on August 4, 2022.

What is the stock symbol for NexPoint Real Estate Finance?

The stock symbol for NexPoint Real Estate Finance is NREF.

NexPoint Real Estate Finance, Inc.

NYSE:NREF

NREF Rankings

NREF Latest News

NREF Stock Data

289.16M
17.46M
7.05%
70.01%
0.74%
REIT - Mortgage
Real Estate Investment Trusts
Link
United States of America
DALLAS