Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Kristen Thomas Director, Investor Relations KThomas@nexpoint.com Media: MediaRelations@nexpoint.com NREF Announces Fourth Quarter 2023 Results, Provides First Quarter 2024 Guidance Dallas, TX, February 29, 2024 – NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended December 31, 2023. NREF reported net income of $17.9 million, or $0.74 per diluted share1, for the three months ended Dece ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-Q __________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39210 ______________________________ ...

财务数据和关键指标变化 - 第三季度净亏损0.82美元/股,去年同期为0.49美元/股亏损,主要由于第三季度对普通股投资的市值调整和信用损失准备金的增加 [7] - 第三季度每股分配0.43美元,去年同期为0.40美元,二季度为0.50美元,每股可分配收益和现金可分配收益较去年同期有所增加,部分原因是Hughes投资的取消和实现损失减少 [8] - 前三季度每股净亏损0.11美元,去年同期每股净收益0.48美元,主要由于2023年较2022年有更多未实现损失和信用损失准备金的增加 [11] - 前三季度每股可分配收益1.44美元,去年同期为1.74美元,每股现金可分配收益1.54美元,去年同期为2.18美元,主要由于加权平均股数增加以及2023年SFR贷款提前偿还减少 [12] 各条业务线数据和关键指标变化 - 投资组合中45.8%为单户出租房,48.1%为多户住宅,4.6%为生命科学,1.5%为仓储,反映公司在不同房地产领域的参与 [14] - 投资组合中42.8%为优先贷款,31.2%为CMBS B档,10.9%为递延权益投资,8.4%为夹层贷款,3.5%为利息收益凭证 [14] - 投资组合的抵押物主要集中在佐治亚州(21%)、佛罗里达州(17%)和德克萨斯州(14%),反映公司在日光带地区的重点布局 [14] - 投资组合的抵押物90.9%为稳定资产,加权平均贷款价值比为69%,加权平均债务服务覆盖率为1.77倍 [14] 各个市场数据和关键指标变化 - 公司在第三季度新增6笔优先股权投资16.3百万美元,1笔贷款5百万美元,平均收益率11.3% [10] - 公司在第三季度出售1笔CMBS资产,获得45百万美元回款,并赎回1笔优先股权投资3.6百万美元 [10] - 公司对CMBS投资组合进行压力测试,发现收益率需要上升40%才会导致11%的组合价值下降,需要30%以上的房地产价值下跌才会出现实际减值 [20][21] - 公司维持谨慎的回购融资策略,回购融资占总负债的比例约为66% [22] - 公司单户出租房贷款组合表现良好,债务服务覆盖率稳健,租金收入增长强劲 [23] 公司战略和发展方向及行业竞争 - 公司将发行4亿美元9%可赎回优先股,利用内部销售团队面向零售投资顾问和机构投资者发行,为公司提供资金以把握市场机会 [13][29] - 公司看好未来1-2年内多户住宅市场的机会,特别是在再融资和CMBS市场,预计可获得13%-15%的全包收益率 [27][28][30] - 公司还看好CMBS次级债、生命科学、第一抵押贷款和B-Note等领域的投资机会,预计全包收益率也在13%-15%之间 [31] - 如果公司能够成功募集和部署3亿美元资金,预计未来3年每股现金可分配收益将增加20% [31] 管理层对经营环境和未来前景的评论 - 公司认为未来2-3个季度内多户住宅市场将面临最大挑战,但中长期仍看好该领域,特别是B级资产的表现 [44][45][46][47] - 公司认为未来12-18个月内,由于银行业流动性紧缩和再融资缺口,公司有机会提供优先股权和夹层贷款,获得13%-15%的全包收益率 [28][30] - 公司认为如果成功募集和部署3亿美元资金,未来3年每股现金可分配收益将增加20% [31] - 公司对CMBS投资组合的信用质量持谨慎乐观态度,认为即使出现一定程度的违约,也不会造成实质性减值 [20][21] 问答环节重要的提问和回答 问题1 **Crispin Love 提问** 对于公司发行4亿美元优先股的想法,公司有何具体计划和目标? [35][36] **Matt McGraner 回答** 公司将分阶段发行优先股,预计2024年每月10-15百万美元的发行节奏,将这些资金用于投资符合公司标准的机会。公司认为这一规模的优先股发行与公司目前的市值相匹配 [36][37][38] 问题2 **Stephen Laws 提问** 公司对多户住宅市场的看法如何,未来将如何部署资本? [44] **Matt McGraner 回答** 公司认为未来2-3个季度内多户住宅市场将面临最大挑战,但中长期仍看好该领域,特别是B级资产的表现。公司将重点关注提供优先股权和夹层贷款,以获得13%-15%的全包收益率 [44][45][46][47][48] 问题3 **Jade Rahmani 提问** 公司目前看好哪些投资机会?预计未来6个月内CMBS投资组合的违约率会如何? [52][56] **Matt McGraner 回答** 公司最看好多户住宅领域的优先股权和夹层贷款机会,预计可获得12%-14%的全包收益率。对于CMBS投资组合,公司预计未来6个月内违约率将保持在长期平均水平30个基点左右,不会出现重大问题 [52][53][57]

NYSE:NREF 2Q 2023 Financial Supplement July 27, 2023 CONTACT NEXPOINT REAL ESTATE FINANCE INVESTOR RELATIONS (NYSE:NREF) Kristen Thomas 300 Crescent Court, Suite 700 (p) 214.908.1854 Dallas, Texas 75201 (e) kthomas@nexpoint.com (w) nref.nexpoint.com Cautionary Statements FORWARDLOOKINGSTATEMENTS ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-Q __________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39210 __________________________________ ...

NexPoint Real Estate Finance, Inc. (NYSE:NREF) Q2 2023 Earnings Conference Call July 27, 2023 11:00 AM ET Company Participants Kristen Thomas - Investor Relations Brian Mitts - Executive Vice President and Chief Financial Officer Matt Goetz - Senior Vice President, Investment and Asset Management Paul Richards - Vice President, Originations and Investments Matt McGraner - Executive Vice President and Chief Investment Officer Conference Call Participants Crispin Love - Piper Sandler Stephen Laws - Raymond Ja ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-Q __________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39210 __________________________________ ...

NYSE:NREF INVESTOR RELATIONS Kristen Thomas (p) 214.908.1854 (e) kthomas@nexpoint.com 1Q 2023 Financial Supplement April 27, 2023 CONTACT NEXPOINT REAL ESTATE FINANCE (NYSE:NREF) 300 Crescent Court, Suite 700 Dallas, Texas 75201 (w) nref.nexpoint.com Cautionary Statements FORWARD LOOKING STATEMENTS This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's current expectations, assumptions and beliefs. For ...

NexPoint Real Estate Finance, Inc. (NYSE:NREF) Q1 2023 Earnings Conference Call April 27, 2023 11:00 AM ET Company Participants Kristen Thomas - Investor Relations Brian Mitts - Executive Vice President and Chief Financial Officer Matt McGraner - Executive Vice President and Chief Investment Officer Matt Goetz - Senior Vice President, Investment and Asset Management Paul Richards - Vice President, Originations and investments Conference Call Participants Crispin Love - Piper Sandler Stephen Laws - Raymond J ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-39210 NexPoint Real Estate Finance, Inc. (Exact Name of Registrant as Specified in Its Charte ...