Nexpoint Real Estate Finance, Inc. · NYSE:NREF
Nexpoint Real Estate Finance — Q2 2021 Earnings Presentation
20 slides from Nexpoint Real Estate Finance's earnings presentation, Jul 29, 2021
Slide 1: 2Q 2021 Financial Supplement
20.2021 FINANCIAL SUPPLEMENT REAL ESTATE FINANCE
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS FORWARD LOOKING STATEMENTS ‘This presentation contains fonvarc-looking statements" within the meaning ofthe Private Securities Litigation Reform Act of 1995 that are basedon management's current expectations, assumptions and beliefs. Forward-looking statements can often be iden
Slide 3: Company Overview
NEXPOINT REAL ESTATE FINANCE Company Overview NexPoint Real Estat nance, ne. (‘NREF” of the “Company’) isa publidy traded mortgage REIT (‘mmREIT”), with its entrates on investments in eal estate sectors 3 Expertise, including multfamly, single-amily rental ("SFR"), and set {lareas. The Company targe
Slide 4: 2Q 2021 Highlights
2Q 2021 HIGHLIGHTS FINANCIAL PORTFOLIO . CAPITALIZATION 20 2021 net income of $12.3MM, with net income attributable to common stockholders of $5.5MM, or $0.58 per diluted ‘common share; compared to netincome of $25.1MM with net income attributable to commen stockholders of SB.4MM, or $1.26 per dilit
Slide 5: 2Q 2021 Earnings and Book Value
2Q 2021 EARNINGS AND BOOK VALUE teok va ee Earnings and Book Value with net income attributable to commen stockholders of S was $1.26 per dikaedc rein 10 ore eamings of , oF $0.59 per diluted commen shar Bae nmon sharein 1020: er common share incluging redeemable NOI in the Be to $20.38): NEXPOINT
Slide 6: Net Income, Core Earnings and CAD
NET INCOME, CORE EARNINGS AND CAD Core Earnings, CAD and Guidance ‘CORE EARNINGS/CAD: a ; By <i common share guider jrease from 202021 actual mon share guidance is $0.534at the ™ . se ta ‘mig-poire CAD Per Diluted Commen Share NEXPOINT
Slide 7: Dividend and Coverage
DIVIDEND AND COVERAGE Dividend and Core Earnings/CAD Coverage 20.2021 DIVIDEND: 20 dividendof $0.475/common share waspaidjune30, 2021 20,2021 core earnings dividend coverage is 1.24% 20,2021 CAD dividendcoverageis 1.24x 30,2021 DIVIDEND: + 30 2021 dividend of $0.475 per common share dedared by the B
Slide 8: Portfolio Commentary
PORTFOLIO COMMENTARY first quarter 2021 Historically low losses for Freddie Mac debt ‘multitamily asses, including periods of market: Aggregate losses in Freddie Mac's origination history have averaged bps per year dating backto 1984 Since 2009 and throust (9n $4498 of combined issuance! As of lune
Slide 9: Portfolio Commentary
PORTFOLIO COMMENTARY $1.6B mr {ENT PRINCIPAL Mo
Slide 10: Recent Transaction
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Slide 12: Portfolio
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Slide 13: Portfolio
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Slide 14: Portfolio
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Slide 16: Income Statement and Balance Sheet
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Slide 17: Reconciliations
RECONCILIATIONS Reconciliation of 30.2021 Net Income to Core Earnings Reconciliation of 3.2021 Net Income to CAD = ws ve ow we “e rt cement mam mam mem Forte tee norte mom mam me astm suns oy ae beens eine ae ae au saeconctonnets am asm asm weet aventsoomenctoananan me sn sen a perenne am a ‘weet av
Slide 18: Reconciliations
RECONCILIATIONS Reconciliation of Net Income (Loss) to Core Earnings a= saat ax same nas sine etna stresses commen aaansien so = om ns = = ae a ae aan cy erry cry ees so son seo oa a a ‘ceccans oe td weed ove re oe fess ss a ex fo en percent foes saws ae we ae en NEXPOINT
Slide 19: Reconciliations
RECONCILIATIONS Reconciliation of Net Income (Loss) to CAD am Fry pry me ame 1am erie stress soconnen tans on pa om am = se peseon tne Co Cl a CI co Se vated on = oa ‘Govncae trom oa aan as a5 aa oa io er atced nied serge oe 2s ea ea as ea so Dien prconmansire sms sms 0 eo 0 son NEXPOINT
Slide 20: Contact
CONTACT [NEXPOINT REALESTATE FINANCE (NYSE:NRE) 2515 MeKinneyAve, Surte1100 Dallas, Texas 75201, (w) nref.nexpoine.com INVESTOR RELATIONS, JackieGranam (p) 833.463.6697 (eligraham@nexpoine. com at NEXPOINT
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