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PRNewswire – NexPoint Real Estate Finance, Inc. (NYSE: NREF) today announced a continuous public offering of up to 8 million shares of its newly designated 8.00 % Series C Cumulative Redeemable Preferred Stock. Shares will be sold to the public at $25.00 each, targeting gross proceeds of $200 million. NREF is a commercial mortgage REIT that concentrates on multifamily, single‑family rental, self‑storage, and life‑sciences assets in the top 50 metropolitan statistical areas, leveraging senior management’s operational expertise. Net proceeds will support general corporate purposes, including new investments and debt repayment.
NexPoint Securities, Inc., an affiliate of NexPoint Real Estate Advisors VII, L.P., will act as the dealer manager and conduct the offering on a reasonable best‑efforts basis. The Series C Preferred Stock has no public market and will not be listed on any national exchange. The offering will close when all shares are sold or on December 29, 2026—the third anniversary of the company’s registration statement—whichever comes first, and may be extended at the board’s discretion. The board may also terminate the offering at any time.
The offering is made under the company’s shelf registration statement (File No. 333‑276177), effective December 29, 2023. A copy of the final prospectus supplement and base prospectus can be obtained by contacting NexPoint Securities, 200 Crescent Court, Suite 700, Dallas, TX 75201, Attn: Investor Relations, (833) 697‑7253, or [email protected]. Documents are also available free of charge on the SEC’s EDGAR website (www.sec.gov).
This release does not constitute an offer to sell or a solicitation to buy, nor does it authorize any sale in jurisdictions where such activity would be unlawful without registration or qualification under applicable securities laws.
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