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NXDT / NexPoint Diversified REIT: Hunting For Value With Their Preferreds

NexPoint Diversified REIT: Hunting For Value With Their Preferreds
NexPoint Diversified Real Estate is trading at a 70% discount to its NAV, possibly raising doubts about the fair value of its assets. Despite the uncertainty surrounding the common stock, the preferred equity presents a good risk/reward ratio with an attractive 9.7% yield attached. Preferreds can be redeemed starting on December 2023. This may offer the opportunity for sooner-than-expected redemption, and thus a strong squeeze of their YTM. Read More
Posted: Oct 16 2023, 11:29
Author Name: Seeking Alpha
Views: 111142

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NexPoint Diversified REIT: Hunting For Value With Their Preferreds

By Seeking Alpha
October 16, 2023

NexPoint Diversified REIT: Hunting For Value With Their Preferreds

NexPoint Diversified Real Estate is trading at a 70% discount to its NAV, possibly raising doubts about the fair value of its assets. Despite the unce more_horizontal

NexPoint Diversified Real Estate: Don't Be Too Quick At Buying The 57% Discount

By Seeking Alpha
July 6, 2023

NexPoint Diversified Real Estate: Don't Be Too Quick At Buying The 57% Discount

NXDT is a diversified REIT currently trading at a steep discount relative to its NAV. We think this discount is justified and attributed to mixed past more_horizontal


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