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Stock impact report

NREF Announces Third Quarter 2021 Results

NexPoint Real Estate Finance, Inc. (NREF) 
Company Research Source: PR Newswire
DALLAS, Nov. 4, 2021 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended September 30, 2021.NREF reported net income of $25.2 million, or $1.17 per diluted common share, for the three months ended September 30, 2021, compared to $11.5 million, or $0.52 per diluted common share, for the three months ended September 30, 2020. NREF reported earnings available for distribution1 of $5.2 million, or $0.71 per diluted common share2, for the three months ended September 30, 2021, compared to $2.3 million, or $0.42 per diluted common share2, for the three months ended September 30, 2020."We are pleased with the team's continued success in sourcing accretive opportunities, growing our portfolio to 68 investments.  Multifamily, single-family rental, and self-storage have continued to thrive as the pandemic subsides." said Matt McGraner, Chief Investment Officer. Third Quarter 2021 HighlightsOutstandi Show less Read more
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