For the year ending 2025-12-31, NREF had $27,301K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 123,143 |
| Amortization of premiums | 11,187 |
| Accretion of discounts | 11,239 |
| Depreciation and amortization of real estate investments | 2,944 |
| Amortization of deferred financing costs | 161 |
| Provision for (reversal of) credit losses | 38,969 |
| Net change in unrealized (gain) loss on investments held at fair value | 97,259 |
| Equity in (income) losses of unconsolidated equity method ventures | -898 |
| Net realized (gain) loss | 1,738 |
| Stock-based compensation expense | 5,989 |
| Payment in kind income | 32,119 |
| Loss on extinguishment of debt | -458 |
| Accrued interest and dividends receivable | 20,929 |
| Accounts receivable and other assets | 635 |
| Accrued interest payable | 3,775 |
| Accounts payable, accrued expenses and other liabilities | -689 |
| Net cash provided by operating activities | 22,916 |
| Proceeds from sale of loans held-for-investment-Variable Interest Entity Primary Beneficiary | 401,241 |
| Proceeds from sale of loans held-for-investment-Consolidated Entity Excluding Variable Interest Entities VIE | 119,085 |
| Originations of mortgage loans, held-for-investment, net | 97,753 |
| Purchases of preferred stock and stock warrants | 140,173 |
| Purchases of equity method investments | 2,034 |
| Sale of equity method investments | 392 |
| Purchases of cmbs structured pass through certificates, at fair value | 11,590 |
| Purchases of cmbs securitizations held in variable interest entities, at fair value-CMBSStructured Pass Through Certificates-Consolidated Entity Excluding Variable Interest Entities VIE | 3,320 |
| Increase in cash in connection with vie consolidation | 796 |
| Additions to real estate investments | 1,449 |
| Net proceeds from dispositions of real estate investments | 56,348 |
| Net cash provided by investing activities | 321,543 |
| Borrowings under secured financing agreements | 22,725 |
| Principal repayments on borrowings under secured financing agreements | 82,366 |
| Distributions to bondholders of variable interest entities-Variable Interest Entity Primary Beneficiary | 385,232 |
| Borrowings under master repurchase agreements | 34,629 |
| Principal repayments on borrowings under master repurchase agreements | 20,045 |
| Proceeds received from unsecured promissory note | 42,525 |
| Principal repayment on unsecured promissory note | 36,500 |
| Proceeds from the issuance of preferred stock through public offering, net of offering costs-Series BPreferred Stock | 210,738 |
| Proceeds from the issuance of preferred stock through public offering, net of offering costs-Series CPreferred Stock | 1,868 |
| Proceeds received from mortgages payable | 0 |
| Principal repayments on mortgages payable | 32,125 |
| Payments for taxes related to net share settlement of stock-based compensation | 1,560 |
| Dividends paid to common stockholders | 35,349 |
| Dividends paid to preferred stockholders-Series APreferred Stock | 3,496 |
| Dividends paid to preferred stockholders-Series BPreferred Stock | 22,893 |
| Distributions to redeemable noncontrolling interests in the op | 10,077 |
| Net cash used in financing activities | -317,158 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 27,301 |
| Cash, cash equivalents and restricted cash, beginning of period | 7,053 |
| Cash, cash equivalents and restricted cash, end of period | 34,354 |
NexPoint Real Estate Finance, Inc. (NREF)
NexPoint Real Estate Finance, Inc. (NREF)