NexPoint Real Estate Finance, Inc. Announces Second Quarter 2020 Earnings Call

July 13, 2020

DALLAS, July 13, 2020 /PRNewswire/ -- NexPoint Real Estate Finance ("NREF" or the "Company") (NYSE: NREF) announced today that the Company is scheduled to host a conference call on Thursday, August 6, 2020 at 11:00 a.m. ET (10:00 am CT), to discuss second quarter financial results and provide updates related to the COVID-19 crisis.  

The conference call can be accessed live over the phone by dialing 800-353-6461 or, for international callers, +1 334-323-0501 and using passcode Conference ID: 1557561.  A live audio webcast of the call will be available online at the Company's website, http://www.nexpointfinance.com (under "Investor Relations").  An online replay will be available shortly after the call on the Company's website and continue to be available for 60 days.

A replay of the conference call will also be available through Thursday, August 13, 2020 by dialing 888-203-1112 or, for international callers, +1 719-457-0820 and entering passcode 1557561.

The Company plans to issue a press release with second quarter financial results before market open on Thursday, August 6, 2020.

About NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NREF" primarily focused on originating, structuring and investing in first mortgage loans, mezzanine loans, preferred equity and alternative structured financings in commercial real estate properties, as well as multifamily commercial mortgage backed securities.  More information about NREF is available at http://www.nexpointfinance.com.

Cautionary Notice Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's current expectations, assumptions and beliefs. Forward-looking statements can often be identified by words such as "anticipate", "expect," "intend," "may" and similar expressions, and variations or negatives of these words. These forward-looking statements include, but are not limited to, statements regarding our expected second quarter earnings release and conference call.  Forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement, including risks related to the COVID-19 crisis.  They are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement. Factors that could cause actual results to differ materially include, among other things, changes to NREF's expected liquidity position and the risk factors set forth in NREF's registration statement on Form S-11 and NREF's other filings with the Securities and Exchange Commission. The statements made herein speak only as of the date of this press release and except as required by law, NREF does not undertake any obligation to publicly update or revise any forward-looking statements.

Contact: 
Jackie Graham
Investor Relations
JGraham@nexpointadvisors.com
972-628-4024

Media inquiries: MediaRelations@nexpointadvisors.com

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SOURCE NexPoint Real Estate Finance, Inc.

DALLAS, July 17, 2020 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. (NYSE: NREF) ("NREF" or the "Company") announced today the pricing of an underwritten offering of 2,000,000 shares of its 8.50% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") at a price to the public of $24.00 per share, for gross proceeds of $48.0 million before deducting the underwriting discount and other estimated offering expenses. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 300,000 shares of the Series A Preferred Stock at the public offering price, less underwriting discounts and commissions. The Series A Preferred Stock will have a $25.00 per share liquidation preference.

The Company intends to file an application to list the Series A Preferred Stock on the New York Stock Exchange under the ticker symbol "NREF PRA." The closing of the offering is subject to customary closing conditions and is expected to occur on July 24, 2020.

Raymond James & Associates, Inc., Keefe, Bruyette & Woods, Inc., A Stifel Company, and Robert W. Baird & Co. Incorporated are acting as the book-running managers for the offering.

This offering is being made only by means of a prospectus. Copies of the final prospectus relating to the offering, when available, may be obtained by contacting: Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, FL 33716, telephone (800) 248-8863, email: prospectus@raymondjames.com; Keefe, Bruyette & Woods, Inc., A Stifel Company, 787 Seventh Avenue, 4th Floor, New York, NY 10019 (Attn: Capital Markets), telephone (800) 966-1559, email: USCapitalMarkets@kbw.com; or Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 East Wisconsin Avenue, Milwaukee, WI 53202, telephone (800) 792 2473, email: syndicate@rwbaird.com.

Important Information

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission on July 17, 2020. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc. is a publicly traded REIT with its common stock listed on the New York Stock Exchange under the symbol "NREF."  NREF is primarily focused on originating, structuring and investing in first mortgage loans, mezzanine loans, preferred equity and alternative structured financings in commercial real estate properties, as well as multifamily commercial mortgage backed securities. 

Forward-Looking and Cautionary Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding the closing of the offering and other statements identified by words such as "expect," "intend," the negative version of these words and similar expressions that do not relate solely to historical matters. Forward-looking statements are based on NREF's current expectations and assumptions regarding capital market conditions, NREF's business, the economy and other future conditions. Forward-looking statements are subject to risks, uncertainties and assumptions and may be affected by known and unknown risks, trends, uncertainties and factors that are beyond NREF's control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Important factors that could cause actual results to differ materially from those in the forward-looking statements include regional, national or global political, economic, business, competitive, market and regulatory conditions, including risks regarding when NREF can complete the offering, NREF's competitive environment, the COVID-19 crisis and other factors set forth under "Risk Factors" in NREF's registration statement on Form S-11. Any forward-looking statement made in this press release speaks only as of the date on which it is made. NREF undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

Contact:

NexPoint Real Estate Finance, Inc.
Investor Relations
Jackie Graham, 972-628-4024
jgraham@nexpointadvisors.com
Media inquiries: MediaRelations@nexpointadvisors.com

 

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SOURCE NexPoint Real Estate Finance, Inc.