NexPoint Real Estate Finance Inc | 8.50% Series A Cumulative Preferred Stock (NREF.PRA)
Prospectus excerpt: A series of Preferred Stock, designated the “8.50% Series A Cumulative Redeemable Preferred Stock” (the “Series A Preferred Stock”) is hereby established. The par value of the Series A Preferred Stock shall be $0.01 per share. The initial number of authorized shares of Series A Preferred Stock shall be 2,300,000.
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.
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