Initial Public Offering

Real Estate
Initial Public Offering

Summary

Baird served as an active bookrunning manager on this offering

About

NexPoint Real Estate Finance, Inc. (“NexPoint” or the “Company”) (NYSE: NREF) recently completed an initial public offering of 5,000,000 shares of common stock at an offering price of $19.00 per share, generating gross proceeds of approximately $95.0 million. The Company intends to use the net proceeds from the offering to repay outstanding balances under the Company’s bridge facility and to fund future acquisitions. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 750,000 shares of common stock at the initial public offering price.

NexPoint is a newly formed, externally-managed commercial real estate finance company formed to originate, structure and invest in first mortgage loans, mezzanine loans, preferred equity, alternative structured financings in commercial real estate properties and multifamily commercial mortgage backed securities. The Company is headquartered in Dallas, Texas.
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Real Estate
Initial Public Offering
Date
February 2020
Company
NexPoint Real Estate Finance, Inc.
Transaction
M&A
Sectors
Real Estate
Target Location
North America

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