Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Kristen Thomas Director, Investor Relations KThomas@nexpoint.com Media: MediaRelations@nexpoint.com NREF Announces First Quarter 2024 Results, Provides Second Quarter 2024 Guidance Dallas, TX, May 2, 2024 – NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended March 31, 2024. NREF reported a net loss of $(14.6) million, or$(0.83) per diluted share1, for the three months ended March 31, ...