NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Close on Oct 19, 2026
- Market cap
- $296.76M
- P/E (TTM)
- –
- Dividend yield
- 12.22%
About Nexpoint Diversified Real Estate Trust
Real Estate Investment Trusts, SIC 6798
NexPoint Diversified Real Estate Trust is an investment entity that acquires and operates commercial, residential, and specialty real estate assets. The firm conducts operations through hospitality and diversified segments. Its portfolio includes hospitality assets, office space, self-storage facilities, single-family rental homes, multifamily apartment communities, life science facilities, and industrial semiconductor property interests. The company provides lodging services to travelers, leases living spaces to residential tenants, and rents commercial space to business tenants, including Neiman Marcus Group.
The entity holds property interests in multiple locations across the United States, including Dallas, Plano, Addison, and Lubbock in Texas, Bradenton and St. Petersburg in Florida, Park City in Utah, Las Vegas, Pasadena, and Research Triangle Park in North Carolina. Its identified assets include Cityplace Tower, White Rock Center, and several hotel properties. The provided text does not state the total property count or the location of the company's headquarters.
Summary of the business section of Nexpoint Diversified Real Estate Trust's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NEXPOINT DIVERSIFIED REAL ESTATE TRUST
- Headquarters
- Dallas, TX
- Address
- 300 Crescent Court, Suite 700 75201
- Phone
- (214) 276-6300
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG, LLP, Dallas, Texas, United States
Stock & identifiers
- Ticker
- NXDT
- Other tickers
- NXDT.PA
- Exchange
- NYSE
- IPO date
- Jun 26, 2006
- Shares outstanding
- 53M, Aug 13, 2026
- Public float
- $153.30M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-4 reverse, Oct 6, 2015
- SEC CIK
- 1356115
- CUSIP
- 65340G205
- ISIN
- US65340G2057
- LEI
- 5493008KGR2NU3OXMR64
- EIN
- 80-0139099
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| James D. Dondero | See Remarks, Director | 9,073,491 |
| Matt McGraner | See Remarks | 242,093 |
| Paul Richards | See Remarks | 142,601 |
| Dustin David Norris | See Remarks | 954,932 |
| Dennis Charles Sauter Jr | See Remarks | 24,903 |
| Brian Mitts | Director | 29,046 |
| Scott F. Kavanaugh | Director | 76,189 |
| Arthur B. Laffer | Director | 256,489 |
| Carol Swain | Director | 28,197 |
| Edward N. Constantino | Director | 41,186 |
| Catherine D. Wood | Director | 53,109 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Dondero | $1.49M | $475.36K | $893.32K | $47 | – |
| FY2024 Mr. Dondero | $1.78M | $1.43M | $1.11M | $64 | – |
| FY2023 Mr. Dondero | $1.96M | $1.49M | $1.20M | $75 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 18, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jun 12, 2025 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 17, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 11, 2025 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Dec 31, 2024 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jul 1, 2022 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Nov 17, 2021 | Name change | Name changed from NexPoint Strategic Opportunities Fund to NEXPOINT DIVERSIFIED REAL ESTATE TRUST |
| Jan 5, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
| Mar 8, 2018 | Name change | Name changed from NexPoint Credit Strategies Fund to Pyxis Credit Strategies Fund |
| May 30, 2012 | Name change | Name changed from Pyxis Credit Strategies Fund to NexPoint Strategic Opportunities Fund |
| Jan 9, 2012 | Name change | Name changed from Highland Credit Strategies Fund to NexPoint Credit Strategies Fund |
| Jun 20, 2006 | Listing | Registration of securities on an exchange (Form 8-A) |