NexPoint Real Estate Finance successfully closed its 9.00% Series B Cumulative Redeemable Preferred Stock offering, raising approximately $404.5 million.
The company launched its $200 million 8.00% Series C Cumulative Redeemable Preferred Stock offering at $25.00 per share.
The Series B offering reflected strong investor confidence, allowing NREF to strengthen its balance sheet and expand its real estate lending portfolio.
Successful Series B Offering
Raised over $400 million, showcasing investor confidence in NREF's financial performance and management team.
Launch of Series C
New $200 million offering designed to provide stable income and support strategic growth initiatives in real estate finance.
Public Offering Details
The Series C Preferred Stock offering is conducted under the Company's effective shelf registration statement, with details available for interested investors.
- The successful Series B offering and launch of Series C demonstrate NREF's ability to attract investment and further its real estate financing activities.
- The strong demand for the Series B Preferred Stock reflects positive market perceptions of NREF's asset quality and growth potential.
NexPoint Real Estate Finance's recent funding success and growth initiatives position the Company for continued expansion and value creation in the real estate finance sector.