Nexpoint Real Estate Finance, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2023
February 23, 2023 at 06:45 pm IST
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NexPoint Real Estate Finance, Inc. provided earnings guidance for the first quarter ending March 31, 2023. For the quarter, the company expects net income attributable to common stockholders of $6,907,000 on the low end, $7,861,000 on the midpoint and $8,814,000 on high end.
NexPoint Real Estate Finance, Inc. is a commercial mortgage real estate investment trust (REIT). The Company is focused on originating, structuring and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties and common stock investments, as well as multifamily commercial mortgage-backed securities securitizations, multifamily structured credit risk notes and mortgage-backed securities, or its target assets. The Company's primary investment objective is to generate attractive, risk-adjusted returns for stockholders over the long term. It intends to achieve this objective primarily by originating, structuring and investing in its target assets. It is focused on investing in real estate sectors, including in the multifamily, single-family rental, self-storage, hospitality and office sectors. Its business is conducted through NexPoint Real Estate Finance Operating Partnership, L.P. (the OP), the Company's operating partnership.