|
Hold (2.50 out of 4)
12nd percentile
|
|
|
Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Thursday, March 28, 5:58 AM
Slide #5. NexPoint Real Estate Finance, Inc. — Preferred Stock Offering
Company: |
NexPoint Real Estate Finance, Inc. (NYSE:NREF) |
Date announced: |
11/2/2023 |
Shares Offered: |
16,000,000 |
Date of Pricing: |
11/2/2023 |
Price Per Share: |
$25.00 |
Preferred Stock Offering Details: |
NexPoint Real Estate Finance, Inc. (NYSE: NREF) ("NREF" or the "Company") announced today the launch of a continuous public offering of up to 16,000,000 shares of its new designated 9.0% Series B Cumulative Redeemable Preferred Stock (the "Series B Preferred Stock") at a price to the public of $25.00 per share, for gross proceeds of $400 million.1 |
NexPoint Real Estate Finance is a holding company. Through its subsidiaries, Co. is a commercial mortgage real estate investment trust. Co. is focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties and common stock investments, as well as multifamily commercial mortgage-backed securities securitizations (CMBS securitizations), multifamily structured credit risk notes and mortgage-backed securities, or its target assets. Co.'s portfolio includes senior pooled mortgage loans backed by single family rental properties and the junior most bonds of multifamily CMBS securitizations. Preferred: NREF.PRA
Open the NREF Page at Preferred Stock Channel »
Name: |
NexPoint Real Estate Finance Inc |
Website: |
www.nexpointfinance.com |
Sector: |
REITs |
Number of ETFs Holding NREF: |
14 (see which ones) |
Total Market Value Held by ETFs: |
$12,265,740 |
Total Market Capitalization: |
$242,000,000 |
% of Market Cap. Held by ETFs: |
5.07% |
|
Open the NREF Page at Preferred Stock Channel (in a new window) »
|
|