Profile
Sector:
Real EstateIndustry:
DiversifiedCountry:
United StatesIPO:
26 June 2006Website:
http://nxdt.nexpoint.comNext earnings report:
14 November 2024Last dividends:
15 August 2024Next dividends:
15 November 2024Price
after hours | Fri, 01 Nov 2024 20:02:32 GMTAnalysts recommendations
Institutional Ownership
NXDT Latest News
Quarterly Distribution DALLAS , Oct. 29, 2024 /PRNewswire/ -- NexPoint Diversified Real Estate Trust ("NXDT") (NYSE: NXDT) announced today that its board of trustees has declared a quarterly distribution of $0.15 per common share of NXDT, consisting of a combination of cash and common shares of NXDT. The distribution will be payable on December 31, 2024, to shareholders of record on November 15, 2024.
NexPoint Diversified Real Estate Trust is embarking on a strategic turnaround to refocus its portfolio on residential, life science & specialty manufacturing, and self-storage assets. Operational performance has been poor so far in 2024 and the REIT is loss-making even adjusted for depreciation or valuation losses. The company trades at a steep discount to both book value and management's estimate of net asset value.
NexPoint Says UDF IV's Refusal to Provide Shareholder Information and Lack of Transparency Is Impeding Fair and Equitable Election as Required by Maryland Law Requests Stay to Enable Communication with Shareholders and Remedy Information Imbalance DALLAS , Oct. 25, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today announced that it has filed a motion in the Circuit Court for Baltimore City (the "Court") requesting emergency relief to compel United Development Funding IV ("UDF IV" or the "Company") to immediately obtain a non-objecting beneficial owner ("NOBO") list and produce it and all other relevant shareholder lists and related information. The motion also requests UDF IV's Annual Meeting be held no sooner than December 16, 2024, not to extend beyond the previously Court-ordered deadline of December 31, 2024, to allow NexPoint to communicate with its fellow shareholders upon receipt of all requested information.
Vote for NexPoint Nominees to Protect Your Interests and Maximize Value DALLAS , Sept. 24, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") announced today that it has sent a letter to fellow shareholders of United Development Funding IV ("UDF IV" or the "Company"), a real estate investment trust, ahead of the Company's upcoming Annual Meeting of Shareholders, which must be held on or before December 31, 2024.
Urges Shareholders to Vote for Board Change by Supporting NexPoint Nominees DALLAS , Sept. 16, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") announced today that it has sent a letter to fellow shareholders of United Development Funding IV ("UDF IV" or the "Company"), a real estate investment trust, ahead of the Company's upcoming Annual Meeting of Shareholders, which must be held on or before December 31, 2024.
DALLAS , Aug. 26, 2024 /PRNewswire/ -- NexPoint Diversified Real Estate Trust ("NXDT") (NYSE: NXDT) announced today that NXDT is scheduled to host a conference call on Tuesday, September 10, 2024, at 4:00 p.m. ET, to discuss portfolio updates and recent performance.
DALLAS , June 20, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint"), a major shareholder of United Development Funding IV ("UDF IV" or the "Company"), a real estate investment trust ("REIT"), today announced its nomination of four highly qualified, independent candidates for election to the UDF IV Board of Trustees at the Company's upcoming Annual Meeting of Shareholders. Following years of holding no UDF IV shareholder meetings prior to December 2023, or elections of independent trustees, the Circuit Court for Baltimore City, Maryland has ordered UDF IV to conduct an election for four independent Trustees at an Annual Meeting that must be held on or before December 31, 2024.
Large Shareholder to Nominate Four Independent Trustees to Restore Accountability and Transparency Following Criminal Convictions of Members of Former Management Team DALLAS , June 13, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") announced today that it has sent a letter to fellow shareholders of United Development Funding IV ("UDF IV" or the "Company"), a real estate investment trust, ahead of the Company's upcoming Annual Meeting of Shareholders. The Circuit Court for Baltimore City, Maryland recently issued an order requiring UDF IV to hold an Annual Meeting on or before December 31, 2024, at which four of the five trustees must stand for election.
DALLAS , June 10, 2024 /PRNewswire/ -- NexPoint Diversified Real Estate Trust ("NXDT") (NYSE: NXDT) released today an investor presentation. The presentation can be found here and on the NXDT website, NexPoint Diversified Real Estate Trust.
NexPoint Diversified Real Estate Trust's common equity has decreased by 27% since our last analysis, and there may be more challenges ahead due to its intricate structure. VineBrook Homes and Cityplace Tower, two crucial assets for NXDT, account for 30% of its NAV and are at significant risk of substantial losses. It is advisable for investors to steer clear of long positions and reduce their exposure to NXDT to avoid potential losses from asset sales and pressure on common equity.
What type of business is NexPoint Diversified Real Estate Trust?
NexPoint Diversified Real Estate Trust (NXDT) is an externally advised diversified real estate investment trust (REIT), with its shares of common stock and 5.50% Series A Cumulative Preferred Shares listed on the New York Stock Exchange under the symbols NXDT and NXDT-PA, respectively. As a diversified REIT, NXDT's primary investment objective is to provide both current income and capital appreciation. NXDT seeks to achieve this objective by investing among various commercial real estate property types and across the capital structure, including but not limited to mortgage debt, mezzanine debt and common and preferred equity. Target underlying property types primarily include but are not limited to industrial, hospitality, net lease, retail, office, storage and healthcare and, to the extent currently owned, multifamily and single-family rentals. NXDT also may, to a limited extent, hold, acquire or transact in certain non-real estate securities.
What sector is NexPoint Diversified Real Estate Trust in?
NexPoint Diversified Real Estate Trust is in the Real Estate sector
What industry is NexPoint Diversified Real Estate Trust in?
NexPoint Diversified Real Estate Trust is in the Diversified industry
What country is NexPoint Diversified Real Estate Trust from?
NexPoint Diversified Real Estate Trust is headquartered in United States
When did NexPoint Diversified Real Estate Trust go public?
NexPoint Diversified Real Estate Trust initial public offering (IPO) was on 26 June 2006
What is NexPoint Diversified Real Estate Trust website?
https://nxdt.nexpoint.com
Is NexPoint Diversified Real Estate Trust in the S&P 500?
No, NexPoint Diversified Real Estate Trust is not included in the S&P 500 index
Is NexPoint Diversified Real Estate Trust in the NASDAQ 100?
No, NexPoint Diversified Real Estate Trust is not included in the NASDAQ 100 index
Is NexPoint Diversified Real Estate Trust in the Dow Jones?
No, NexPoint Diversified Real Estate Trust is not included in the Dow Jones index
When was NexPoint Diversified Real Estate Trust the previous earnings report?
No data
When does NexPoint Diversified Real Estate Trust earnings report?
The next expected earnings date for NexPoint Diversified Real Estate Trust is 14 November 2024