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. (NYSE: NREF) is a publicly traded real estate investment trust (REIT) that specializes in providing structured financing solutions to mid-sized multifamily, storage, and select-service extended-stay hospitality properties. The company's primary objective is to generate attractive, risk-adjusted returns for its stockholders over the long term.
Core Business: NREF focuses on originating, structuring, and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties, and common equity investments. Additionally, the company invests in single-family rental (SFR) commercial mortgage-backed securities (CMBS) securitizations, multifamily structured credit risk notes (MSCR Notes), and mortgage-backed securities.
Recent Achievements: In the second quarter of 2023, NREF reported a net income of $9.3 million, or $0.36 per diluted share. The company also reported cash available for distribution of $11.3 million, or $0.49 per diluted share. Despite unstable economic conditions, NREF's credit portfolio has consistently outperformed expectations, maintaining a solid yield profile, especially in the life sciences sector.
Current Projects: NREF has been proactive in leveraging opportunities arising from market dislocations, particularly in the multifamily, single-family rental, life sciences, and self-storage sectors. The company recently launched a continuous public offering of up to 16,000,000 shares of its new 9.0% Series B Cumulative Redeemable Preferred Stock, targeting gross proceeds of $400 million.
Financial Condition: NREF has demonstrated resilience amid challenging market conditions. For the quarter ended September 30, 2023, the company reported a net loss of $15.4 million but maintained a robust cash available for distribution of $10.8 million. This indicates strong operational capabilities and stable portfolio yields.
Partnerships: The company collaborates closely with NexPoint Real Estate Advisors VII, L.P., which acts as its external manager. This partnership helps NREF in sourcing and managing its investments effectively.
To stay updated on NREF's latest developments, financial results, and conference calls, investors can visit the company's official website here.
NexPoint Real Estate Finance (NREF) announced an offering of senior unsecured notes, intending to use the net proceeds for investments within its operating partnership. The offering is managed by Raymond James, following a shelf registration effective March 31, 2021. These funds will support Subsidiary Partnership IV in acquiring investments aligned with NREF's strategy. This press release serves only for informational purposes and does not constitute an offer to sell or buy the notes.
NexPoint Real Estate Finance, Inc. (NREF) will host a conference call on April 29, 2021, at 11:00 a.m. ET to discuss its first quarter financial results. Investors can join the call by dialing 800-367-2403 or +1 334-777-6978 for international participation, using passcode 8613887. A live audio webcast will also be available on the Company’s website. The earnings press release will be issued prior to the market opening on the same day. A replay of the call will be accessible until May 6, 2021.
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 will be payable on April 26, 2021, to shareholders of record as of April 15, 2021. As a publicly traded REIT, NREF focuses on originating and investing in first mortgage loans, mezzanine loans, and preferred equity for commercial real estate.
NexPoint Real Estate Finance, Inc. (NYSE: NREF) has announced that the record date for stockholders entitled to vote at the 2021 Annual Meeting is April 5, 2021. The meeting will take place virtually on May 11, 2021, at 10:30 a.m. Central Time, due to COVID-19. Stockholders on the record date can vote and ask questions online. Further details on accessing the meeting will be provided in the proxy materials. NREF focuses on originating and investing in mortgage loans and securities within commercial real estate.
NexPoint Real Estate Finance (NREF) has declared a quarterly dividend of $0.475 per share, marking a 19% increase from the prior dividend of $0.40. This dividend is set to be paid on March 31, 2021, to stockholders of record as of March 15, 2021. The decision underscores the company’s commitment to returning income to shareholders while positioning itself strategically in the commercial real estate sector, focusing on various financing options.
NexPoint Real Estate Finance, Inc. (NREF) reported its financial results for Q4 and the full year 2020. The results presentation is available on their website. A conference call is scheduled for February 18, 2021, at 11:00 a.m. ET to discuss these results. NREF, a publicly traded REIT, focuses on investments in first mortgage loans, mezzanine loans, and commercial real estate. The company cautions that forward-looking statements regarding future results are subject to risks, including impacts from COVID-19.
NexPoint Real Estate Finance, Inc. (NYSE: NREF) will host a conference call on February 18, 2021 at 11:00 a.m. ET to discuss its fourth quarter and full year 2020 financial results. A press release will precede the call, providing key financial metrics. Investors can access the call via phone or online, with a replay available for 60 days post-event. NREF is focused on originating and investing in various commercial real estate financing methods. More information can be found on their official website.
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 January 25, 2021, to stockholders of record by January 15, 2021. NREF operates as a real estate investment trust (REIT), focusing on originating and investing in commercial real estate financing, including mortgage loans and multifamily mortgage-backed securities.
NexPoint Real Estate Finance (NREF) has declared a quarterly dividend of $0.40 per share, payable on December 31, 2020. Stockholders of record by December 15, 2020 will receive this dividend. NREF operates primarily in originating and investing in first mortgage loans, mezzanine loans, and commercial real estate financing. This announcement reflects the company's ongoing commitment to returning value to shareholders.
NexPoint Real Estate Finance (NREF) reported its third quarter 2020 financial results on October 29, 2020. A conference call is scheduled for the same day at 11:00 a.m. ET to discuss these results. The company focuses on originating and investing in mortgage loans and structured financings within commercial real estate. Investors can access the live call or listen to a replay available for 60 days afterward. Caution is advised regarding forward-looking statements, particularly concerning the COVID-19 pandemic's impacts.
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