News
NexPoint Diversified Real Estate Trust Announces Record Date and Date of 2025 Annual Meeting of Shareholders
DALLAS , March 14, 2025 /PRNewswire/ -- NexPoint Diversified Real Estate Trust (NYSE: NXDT) ("NXDT") announced today that the record date for determining shareholders entitled to vote at the 2025 Annual Meeting of Shareholders (the "Annual Meeting") will be Monday, March 31, 2025. The Annual Meeting will be held on Tuesday, June 10, 2025, beginning at 10:30 a.m.
prnewswire.com • Mar 14, 2025 18:00 Eastern
Don't Bank On A NexPoint Investment
NexPoint Diversified Real Estate Trust's diversified portfolio and investment strategy have not translated into profitability, with a 67% decline in market value since becoming a REIT in 2022. Despite a 20% annual revenue growth, NexPoint's core profitability has significantly deteriorated, with NOPAT falling from $0.8 million to -$7.2 million. The company's intrinsic value is negative, and the market premium on its share price seems unjustifiably high, posing a high risk for investors.
seekingalpha.com • Mar 06, 2025 11:04 Eastern
NexPoint Provides Update on UDF IV Proposal and Special Meeting as Ready Capital Earnings Report Heightens Concerns About Proposed Merger
Steep Decline in RC Stock Price Following Q4 2024 Earnings Release Has Potential to Erase More Than $30 Million in Value for UDF IV Shareholders Under Proposed Merger NexPoint Urges Board to Reconsider Hasty Rejection of NexPoint's Proposal and Postpone Special Meeting to Properly Evaluate Transactions on Behalf of Shareholders DALLAS , March 3, 2025 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today provided an update on United Development Funding IV ("UDF IV") ahead of the upcoming Special Meeting of UDF IV Shareholders (the "Meeting"), scheduled for March 4, 2025, to vote on the proposed merger of UDF IV with Ready Capital (NYSE: RC) (the "Ready Merger"). On February 28, 2025, the UDF IV Board of Trustees (the "Board") announced it rejected NexPoint's competing proposal, making no attempt to engage with NexPoint to pursue the best transaction on behalf of shareholders.
prnewswire.com • Mar 03, 2025 18:09 Eastern
NexPoint Diversified Real Estate Trust Announces Investor Update Call
DALLAS , Feb. 27, 2025 /PRNewswire/ -- NexPoint Diversified Real Estate Trust ("NXDT") (NYSE: NXDT) announced today that the Company is scheduled to host a conference call on Tuesday, April 1, 2025, at 11:00 a.m. ET (10:00 am CT), to discuss portfolio updates and recent performance.
prnewswire.com • Feb 27, 2025 18:00 Eastern
NexPoint Submits Competing Proposal for UDF IV with Improved Shareholder Economics, Awaits Engagement from UDF IV Board of Trustees
Implores UDF IV Board to Postpone March 4 Special Meeting for One Month to Engage with NexPoint and Appropriately Evaluate Proposal NexPoint Will Not Vote at Special Meeting Without Due Consideration of Proposal DALLAS , Feb. 27, 2025 /PRNewswire/ -- NexPoint Advisors, L.P. (together with its affiliates "NexPoint") today announced NexPoint Real Estate Opportunities, LLC has submitted a competing proposal to the Board of Trustees of United Development Funding IV ("UDF IV" or "the Trust") ahead of the Special Meeting of UDF IV Shareholders (the "Meeting"), scheduled for March 4, 2025, to vote on the proposed merger of UDF IV with Ready Capital (NYSE: RC) (the "Ready Merger").
prnewswire.com • Feb 27, 2025 17:00 Eastern
NexPoint Provides Update on UDF IV's Proposed Merger with Ready Capital, Plans to Submit Competing Proposal
NexPoint is Deferring its Vote, Encourages Shareholders to Take No Action on Merger Voteto Compel Board to Properly Review Any Competing Proposal Calls for UDF IV Board to Postpone March 4 Special Meeting by 30 Days and Engage withNexPoint to Ensure Best Outcome for Shareholders DALLAS , Feb. 21, 2025 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today provided an update on its intentions with respect to its investment in United Development Funding IV ("UDF IV" or "the Trust") ahead of the Special Meeting of UDF IV Shareholders (the "Meeting"), scheduled for March 4, 2025, to vote on the proposed merger of UDF IV with Ready Capital (NYSE: RC) (the "Ready Merger"). NexPoint has significant and growing concerns about the Ready Merger, which was first announced days ahead of the Annual Meeting and Board of Trustees election in December 2024.
prnewswire.com • Feb 21, 2025 09:00 Eastern
NexPoint Diversified Real Estate Trust Announces Quarterly Distribution
DALLAS , Feb. 18, 2025 /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 March 31, 2025, to shareholders of record on February 28, 2025.
prnewswire.com • Feb 18, 2025 17:16 Eastern
NexPoint Diversified Real Estate Trust Announces Preferred Share Distribution
DALLAS , Feb. 18, 2025 /PRNewswire/ -- NexPoint Diversified Real Estate Trust (NYSE: NXDT) ("NXDT" or the "Company") today announced a dividend for its 5.50% Series A Cumulative Preferred Shares (NYSE: NXDT PR A) of $0.34375 per share. The dividend will be payable on March 31, 2025, to preferred shareholders of record at the close of business March 24, 2025.
prnewswire.com • Feb 18, 2025 17:10 Eastern