NexPoint Real Estate Finance (NREF)

• Sector: Financials
• Industry: Real Estate Investment Trusts

Market Cap: $281M

About: NexPoint Real Estate Finance Inc is a real estate investment trust. It provides structured financing solutions by investing in mid-sized multifamily, storage and select-service, and extended-stay hospitality properties. Its investment objective is to generate attractive, risk-adjusted returns for stockholders over the long term. The Company is focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties, and common equity investments, as well as multi-family and single-family rental ("SFR") commercial mortgage-backed securities securitizations ("CMBS securitizations"), multifamily structured credit risk notes ("MSCR Notes") and mortgage-backed securities.

Employees: 1

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

194% more call options, than puts

Call options by funds: $144K | Put options by funds: $49K

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

50% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 18

8% more funds holding

Funds holding: 60 [Q1] → 65 (+5) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0.66% less ownership

Funds ownership: 67.15% [Q1] → 66.5% (-0.66%) [Q2]

5% less capital invested

Capital invested by funds: $170M [Q1] → $162M (-$7.89M) [Q2]