NREF’s strategy is to originate, structure and invest in first-lien mortgage loans, mezzanine loans, preferred equity, preferred and common stock, and alternative structured financings in commercial real estate properties, as well as multifamily commercial mortgage backed securities (“CMBS”), securitizations. NREF is primarily focused on investments in real estate sectors where its senior management team has operating expertise, including in the multifamily, single-family rental (“SFR”), self-storage, hospitality and office sectors predominantly in the top 50 metropolitan statistical areas. Management will focus on lending or investing in properties that are stabilized or have a “light-transitional” business plan, meaning a property that requires limited deferred funding primarily to support leasing or ramp-up of operations and for which most capital expenditures are for value-add improvements.

NREF’s primary investment objective is to generate attractive, risk-adjusted returns for investors over the long term, primarily through dividends and secondarily through capital appreciation. We will seek to employ a flexible and relative-value focused investment strategy and expect to re-allocate capital periodically among our target investment classes. We believe this flexibility will enable us to efficiently manage risk and deliver attractive risk-adjusted returns under a variety of market conditions and economic cycles.

Our Sponsor

NexPoint is a leading alternative investment platform. The NexPoint platform is comprised of investment advisers NexPoint Advisors, L.P. and NexPoint Real Estate Advisors, L.P., a member FINRA/SIPC broker-dealer NexPoint Securities, Inc., and a suite of related investment vehicles. The platform provides differentiated access to alternatives through a range of investment offerings, including publicly traded real estate investment trusts (REITs), Regulation D private placements, 1031 exchanges, closed-end funds, interval funds, and a business development company (BDC). NexPoint is based in Dallas, Texas.