NexPoint Diversified Real Estate Trust (N:NXDT)
Business Focus: N/A
| Sector: N/A | Industry: N/A |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 |
| Tel: | N/A |
| Website: | https://www.nexpoint.com |
| IR: | See website |
| Key People | ||
| James David Dondero Chairman of the Board of Trustee, President, Chief Executive Officer | Brian D. Mitts Chief Financial Officer, Executive Vice President - Finance, Treasurer, Assistant Secretary, Trustee | Matthew Ryan Mcgraner Executive Vice President, Chief Investment Officer, Company Secretary |
| Dustin David Norris Executive Vice President | Matthew Keith Goetz Senior Vice President - Investments and Asset Management | Dennis Charles Sauter General Counsel |
| Business Overview |
| NexPoint Diversified Real Estate Trust is an externally advised real estate investment trust (REIT). The Company is focused on the acquisition, asset management, development, and disposition of opportunistic, value-add investments in real estate properties throughout the United States. The Company focuses primarily on investing in various commercial real estate property types and across the capital structure, including equity, mortgage debt, mezzanine debt and preferred equity. The Company focuses on opportunistic investments in real estate properties with a value-add component and real estate credit with an objective to increase the cash flow and value of its properties, acquire properties with cash flow growth potential and achieve capital appreciation for shareholders through a value-add program. The Company is externally managed by NexPoint Real Estate Advisors X, L.P. (the Adviser). |
| Financial Overview |
| For the fiscal year ended 31 December 2023, NexPoint Diversified Real Estate Trust revenues decreased 53% to $63.3M. Net loss applicable to common stockholders totaled $121.9M vs. income of $43M. Revenues reflect Dividend income ($10,881 with related pa decrease of 12% to $35.6M. Net loss reflects Change in unrealized gain (losses) increase of 18% to $108.2M (expense), Interest Expense increase from $5.8M to $15.9M (expense). |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $421.94M as of Dec 31, 2023 |
| Annual revenue (TTM): | $63.28M as of Dec 31, 2023 |
| EBITDA (TTM): | $25.52M as of Dec 31, 2023 |
| Net annual income (TTM): | -$121.86M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$42.29M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $176.70M as of Dec 31, 2023 |
| Shares outstanding: | 39,301,419 as of Apr 1, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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