NexPoint Diversified Real Estate Trust has updated its fee structure with NexPoint Real Estate Advisors X, L.P., effective September 19, 2025. Under the amended advisory agreement, the company will now pay its monthly management fees in cash, unless the adviser opts to receive all or part of the fee in common shares. However, the number of common shares issued cannot exceed 6,000,000. Additionally, the adviser has the option to defer fee payments and expense reimbursements, with no interest accruing on these deferred amounts. The amendment received approval from the Audit Committee of NexPoint's Board of Trustees in line with the company's related party transaction policy.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NexPoint Diversified Real Estate Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-029491), on September 19, 2025, and is solely responsible for the information contained therein.