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NexPoint Real Estate Finance

NREFNYSEStock Fundamentals

NexPoint Real Estate Finance, Inc. is a commercial mortgage REIT that focuses on originating, structuring, and investing in a diverse portfolio of real estate debt and equity instruments. The company primarily targets investments in stabilized properties with high-quality sponsors across the multifamily, single-family rental, self-storage, industrial, and life science sectors. Its core value proposition is generating attractive risk-adjusted returns through active portfolio management and deep operating expertise in top-tier metropolitan statistical areas.

Market Cap$294.0M
Revenue TTM$68.4M
Net Income TTM$119.8M
P/E Ratio2.45
Net Margin175.27%
EPS TTM$2.52
Employees1.0
CEOJames David Dondero
CountryUnited States of America
Real Estate
REIT - Mortgage
SegmentsMortgage REIT, Commercial Real Estate Finance
Business ModelsAsset Management, Direct Lending, Structured Finance
Most Recent EarningsApr 30, 2026 · 1 month 2 days agoQ1 2026
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Next EarningsJul 30, 2026 · in 2 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Cash$22.6M

Net Income

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Operating Cash Flow

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EPS (Diluted)

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Business Segments

Real Estate Debt and Structured Investments

primary

This primary business line involves the origination and acquisition of various debt instruments and structured finance products secured by commercial real estate. It focuses on generating interest income and capital preservation through senior positioning or credit-enhanced structures.

Products

First-Lien Mortgage Loans, Mezzanine Loans, CMBS B-Pieces, CMBS I/O Strips, Promissory Notes, Revolving Credit Facilities

Customers

Real Estate Developers, Property Owners, Institutional Sponsors

Real Estate Equity Investments

major

The company takes direct and indirect equity positions in real estate assets and entities to capture capital appreciation and dividend income. These investments are typically subordinate to debt but offer higher potential total returns.

Products

Preferred Equity, Common Equity, Multifamily Property, Stock Warrants, Convertible Notes

Customers

Real Estate Investment Trusts, Property Management Firms, Joint Venture Partners

Segment Financials

Philadelphia Pa — Line Of Credit

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Atlanta GA — Line Of Credit

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Wilmington De — Line Of Credit

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Business Overview

Competitive Position

NREF leverages the operational expertise of its sponsor and focuses on top 50 MSAs to maintain a portfolio with relatively low loan-to-value ratios and high occupancy rates.

Geographies

United States

Customer Segments

Commercial Borrowers, Real Estate Sponsors, Institutional Investors

Upstream Dependencies

Capital Markets, Warehouse Facility Providers, External Investment Manager

Downstream Customers

Commercial Real Estate Borrowers, Multifamily Property Tenants, Secondary Market Debt Buyers

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NexPoint Real Estate Finance FAQ

Common questions about NexPoint Real Estate Finance

NexPoint Real Estate Finance, Inc. is a commercial mortgage REIT that focuses on originating, structuring, and investing in a diverse portfolio of real estate debt and equity instruments. The company primarily targets investments in stabilized properties with high-quality sponsors across the multifamily, single-family rental, self-storage, industrial, and life science sectors. Its core value proposition is generating attractive risk-adjusted returns through active portfolio management and deep operating expertise in top-tier metropolitan statistical areas.

NexPoint Real Estate Finance (NREF) has a market capitalization of $294.0M and trades on NYSE.

NexPoint Real Estate Finance generated $68.4M in trailing twelve-month revenue with net income of $119.8M, representing a net margin of 175.3%. These figures are based on the Q4 2023 filing.

NexPoint Real Estate Finance's key competitors include Blackstone Mortgage Trust, Inc., Arbor Realty Trust, Inc., Starwood Property Trust, Inc., and others. These companies compete in similar markets and product categories.

NexPoint Real Estate Finance has approximately 1 employees.