Discontinued — last reported Q1 '24
NexPoint Real Estate Finance Minnesota — % of loan portfolio decreased by 48.3% to 3.8% in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 44.1%, from 6.8% to 3.8%.
An increase indicates higher geographic concentration risk in the Minnesota market, while a decrease suggests greater geographic diversification away from that region.
This metric represents the proportion of the total loan and lease receivable portfolio concentrated within the Minnesota...
Peers typically report geographic concentration metrics by state or region to highlight exposure to specific local real estate cycles and economic health.
nref_segment_minnesota_of_loan_portfolio| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|
| Value | 4.9% | 7% | 6.8% | 6.7% | 6.7% | 7.3% | 3.8% |
| QoQ Change | — | +43.4% | -3.0% | -1.6% | +0.0% | +9.9% | -48.3% |
| YoY Change | — | +43.4% | — | — | — | +4.9% | -44.1% |