NexPoint Real Estate Finance, Inc. Announces Special Dividend, Payable on September 29, 2023
July 25, 2023 at 06:30 pm EDT
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NexPoint Real Estate Finance, Inc. announced that its board of directors has declared a special dividend of $0.185 per share of NREF common stock. The special dividend will be payable on September 29, 2023, to stockholders of record on September 15, 2023.
NexPoint Real Estate Finance, Inc. is a commercial mortgage real estate investment trust (REIT). The Company is focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties and common stock investments, as well as multifamily commercial mortgage-backed securities securitizations, multifamily structured credit risk notes and mortgage-backed securities, or its target assets. The Company's primary investment objective is to generate attractive, risk-adjusted returns for stockholders over the long term. It intends to achieve this objective primarily by originating, structuring and investing in its target assets. It is focused on investing in real estate sectors, including in the multifamily, single-family rental, self-storage, hospitality and office sectors. Its business is conducted through NexPoint Real Estate Finance Operating Partnership, L.P. (the OP), the Company's operating partnership.