Nexpoint Real Estate Finance, Inc. · NYSE:NREF
Nexpoint Real Estate Finance — Q1 2022 Earnings Presentation
19 slides from Nexpoint Real Estate Finance's earnings presentation, Apr 28, 2022
Slide 1: 1Q 2022 Financial Supplement
10.2022 FINANCIAL SUPPLEMENT NEXPOINT REAL ESTATE FINANCE
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS FORWARD LOOKING STATEMENTS This presentation contains "forward-looking statements" within the meaning ofthe Private Securities Litigation Reform Act of 1995 that are based on management's current expectations, assumptions and beliefs. Forward-looking statements can often be ide
Slide 3: Company Overview
NEXPOINT REAL ESTATE FINANCE Company Overview 4.5% shares listed on the New York Stock Exchange. The company concentrates on investments in real estate sectors PREMIUM TO BOOK REF is extemally managed by NexPoint Real Estate Advisors VII, LP. ("NREA"), anafillate of NexPoint Advisors, LP., an SEC re
Slide 4: 1Q 2022 Highlights
1Q 2022 HIGHLIGHTS $0.92 per dilutedcommon share in 40,2021 10.2022 earnings availablefor distribut per diluted c sharein4Q20217 B 5 1 $21.78 per common share, including redeemablena Partnership and excluding Series A Preferred Stock; a Paid 210.2022 dividend of $0.50 percommon share PORTFOLIO : CAP
Slide 5: 1Q 2022 Earnings and Book Value
1Q 2022 EARNINGS AND BOOK VALUE fl per diluted comme p net income attributable t $1.23 per diluted 74Q.2021
Slide 6: Net Income, EAD and CAD
NET INCOME, EAD AND CAD s126 NETINCOME/EAD/CAD: + Net income per diluted common share for the 10 2022 is $ mparedto $0.92 per diluted common sharereported in4Q.2021 10 2022 EAD per diluted common share is $1.23, an increase 27.8% compared to 40,2021 reportedEAD per dilutedcommon share 410 2022 CAD p
Slide 7: Dividend and Coverage
DIVIDEND AND COVERAGE Dividend and EAD/CAD Coverage 10,2022 DIVIDEND: + 10 dividendof $0.50 per common sharewas paid March 31, 2022 + 10.2022 EAD dividend coverageis2.46x + 10.2022CAD dividendcoverageis3.16x 20.2022 DIVIDEND: * 20 2022 dividend of $0.50 per common share deciared by the Board of Dire
Slide 8: Portfolio Commentary
PORTFOLIO COMMENTARY Defensive Portfolio Character ‘The currant porfclio consists of serior loans, mezzanine debt, preferred equity, abridge loan, a multifamily propertyand common stock nvestmentsinshor- duration lease-termassets (muttifail, SF, self storage, lf sciences) that are geographically div
Slide 9: Portfolio Commentary
PORTFOLIO COMMENTARY LESSTHAN 2.0%
Slide 10: 10
10
Slide 11: Portfolio
PORTFOLIO 1 Serie Laan Various sa 2pipe20 508700 svesi0 455% oa cas 2 Serio toon Various sa 2m1po20 soe 7316 a7 as sax 3 Serio taan Various sa 2yipe20 a7245 ssn sss 6s nas 4 senior taan Various sa 2pipe20 0307 1558 am oa Cerd 5 Serie Laan Various sa 2n1p020 035s 1598 sas ss 702% 6 Sear Laan Various
Slide 12: Portfolio
PORTFOLIO 1 eMesi0 sep Various Muttoniy snapo20 szaast 3703 209% 25 653% 2 cntasio stip Various Mattoniy sjs72020 ras aa 10% a2 ea0% 2 ents stip Various Muttony sys72020 21860" p93 200% a2 ea0% 4 sto stip Various Muttony sr02t ra 1798 ane 1 2% 5 casio stip Various Muttonay sr7pon 4866 ame aso% a2 on
Slide 13: Portfolio
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Slide 14: Portfolio
PORTFOLIO pers 14
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15
Slide 16: Financials
FINANCIALS Income Statement Balance Sheet orth tre mented wecsism Sumi am ese me sun sse7 elope egenee em son Pree cnt wa os ‘etna ae foconmon als prey aes net ae pe tre, ted on an Book Value woos © geanbeenh am cmon saan egy saya soa Talay ones saa ‘cee oak apr = =a econ sa scot 3h 2 cena equate su
Slide 17: Reconciliations
RECONCILIATIONS Reconciliation of 20, 2022 Net Income to EAD rth tre nent edad jnmme nm | ame sean strato common tar om ss one Soe as as os papcaens 2 prey prey oa ee ey pre Ea Eat Ea Ao pred weed average ae os os oe overs ae on on on Reconciliation of 2.2022 EAD to CAD rth tre nent edad jnmme inne
Slide 18: Reconciliations
RECONCILIATIONS Reconciliation of Net Income (Loss) to Earnings Available for Distribution net name stain ers 20 ses sam ssa =o —— etna a re a am cane C=) sere ‘pcan for Baron am ery ans =m == wept avenge conmon reunite nas oa oo so san Ao pred weed average re an wast os. oa oo rend pr common re aso
Slide 19: Reconciliations
RECONCILIATIONS Reconciliation of Earnings Available for Distribution to CAD sep aan fr ara om sam sass son am Ga aia arora ao ae erry oa oa wept sens common trong te nas oa oo so san (Ao pred weed avrg care as oo ea ae ee ind pr common re as sans sans sans sans
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