NexPoint Real Estate Finance (NREF) has filed a preliminary prospectus for an ~$115M initial public offering.
NREF is a Dallas, TX-based REIT, focused on middle-market loans for multifamily and self-storage properties
The REIT will be managed by NexPoint Real Estate Advisors VII, a subsidiary of sponsor NexPoint Advisors.
2019 Financials (9 mo.): Net interest income: $13.45M (-28.4% Y/Y).
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