NexPoint Real Estate Finance, a REIT focused on middle-market loans for multifamily and self-storage properties, filed on Thursday with the SEC to raise up to $115 million in an initial public offering.
The REIT will be managed by NexPoint Real Estate Advisors VII, a subsidiary of sponsor NexPoint Advisors. Related entity NexPoint Multifamily Capital Trust filed for a $10 million IPO in July 2017 but never completed the offering.
The Dallas, TX-based company was founded in 2019 and plans to list on the NYSE under the symbol NREF. Raymond James is the sole bookrunner on the deal. No pricing terms were disclosed.
