0000000000-24-005669.txt : 20240815 0000000000-24-005669.hdr.sgml : 20240815 20240516143610 ACCESSION NUMBER: 0000000000-24-005669 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240516 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: NEXPOINT DIVERSIFIED REAL ESTATE TRUST CENTRAL INDEX KEY: 0001356115 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 800139099 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD SEC FILE NUMBER: 001-32921 BUSINESS ADDRESS: STREET 1: 300 CRESCENT COURT STREET 2: SUITE 700 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 214-276-6300 MAIL ADDRESS: STREET 1: 300 CRESCENT COURT STREET 2: SUITE 700 CITY: DALLAS STATE: TX ZIP: 75201 FORMER COMPANY: FORMER CONFORMED NAME: NexPoint Strategic Opportunities Fund DATE OF NAME CHANGE: 20180319 FORMER COMPANY: FORMER CONFORMED NAME: NexPoint Credit Strategies Fund DATE OF NAME CHANGE: 20120702 FORMER COMPANY: FORMER CONFORMED NAME: Pyxis Credit Strategies Fund DATE OF NAME CHANGE: 20120109 PUBLIC REFERENCE ACCESSION NUMBER: 0001356115-24-000007 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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M!*1S!AW=;(5QIICW&L'2])@1!] D.6AY(*H&Q;25]78A- Y=9I0=*+F5N.5: MK/;3][9%F1^R#V]PJXB$/AT7P;-"FGI6"SQS];K2O)[&F507!E+T-A=&%L;V8 %/F2VY<;8,YUV"-D.4?&+V1?$KR^3_69XR6 ^'7J!"UC>^X%1I M(U^+C>LXOE2ALU[-?1T:YUNU=7[FH[OW3Z'*\-W\07IW3=SE$ET^"M?^L7G$ MFPS8S$#Z TSMB7L*96YD'0M-2XT+C4* TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo May 16, 2024 Brian Mitts Chief Financial Officer, Executive VP - Finance and Treasurer NexPoint Diversified Real Estate Trust 300 Crescent Court, Suite 700 Dallas, TX 75201 Re: NexPoint Diversified Real Estate Trust Form 10-K for the Fiscal Year Ended December 31, 2023 File No. 001-32921 Dear Brian Mitts: We have limited our review of your filing to the financial statements and related disclosures and have the following comments. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 10-K for the Fiscal Year Ended December 31, 2023 Notes to Consolidated Financial Statements Note 8. Equity Method Investments, page 112 1. We note your presentation of NREF and VineBrook's summarized financial information. Please tell us how you considered Regulation S-X Rule 8-03(b)(3) in your determination to not provide summarized financial information for any additional individual investee that is significant or for any combination of investees that is significant. Within your response, please provide us with your applicable significance tests for individual and/or aggregated investees. 2. We note your presentation of NREF and VineBrook's summarized financial information. Please tell us how you determined it was appropriate to label such data as unaudited. Brian Mitts NexPoint Diversified Real Estate Trust May 16, 2024 Page 2 In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Frank Knapp at 202-551-3805 or Jennifer Monick at 202-551-3295 with any questions. FirstName LastNameBrian Mitts Sincerely, Comapany NameNexPoint Diversified Real Estate Trust Division of Corporation Finance May 16, 2024 Page 2 Office of Real Estate & Construction FirstName LastName