SEC Company Response from NexPoint Real Estate Finance, Inc. (NREF, NREF-PA) (CIK 0001786248) (NREF) — Aug 23, 2021
NexPoint Real Estate Finance, Inc. (NREF, NREF-PA) (CIK 0001786248)
Date: Aug. 23, 2021 · CIK: 0001786248 · Accession: 0001437749-21-020711
AI Filing Summary & Sentiment
File numbers found in text: 001-39210
Referenced dates: August 19, 2021
Letter
nref20210823_corresp.htm
August 23, 2021
BY EDGAR
Jeffrey Lewis
Office of Real Estate and Construction
United States Securities and Exchange Commission
Division of Corporation Finance
100 F Street, NE
Washington, DC 20549
Re:
NexPoint Real Estate Finance, Inc.
Form 10-K for the fiscal year ended December 31, 2020
Filed February 25, 2021
Form 10-Q for the quarterly period ended June 30, 2021
Filed August 3, 2021
File No. 001-39210
Ladies and Gentlemen:
On behalf of NexPoint Real Estate Finance, Inc. (the “Company”), we are responding to the comment of the staff of the Division of Corporation Finance of the Securities and Exchange Commission (the “Staff”) contained in its letter dated August 19, 2021. For ease of reference, the text of the Staff’s comment is included in bold-face type below, followed by the Company’s response.
Form 10-Q for the quarterly period ended June 30, 2021
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
Core Earnings, page 31
1.
We note your response to comment 1 and continue to believe the measure should be retitled given the adjustments for various unrealized gains (losses) which appear to relate to current operations (e.g. company holding CMBS until maturity). Please revise the title of the measure in future filings to more appropriately reflect its use.
Response: The Company acknowledges the Staff’s comment and respectfully advises the Staff that, further to the Company’s discussion with the Staff on August 13, 2021, the Company will revise the title of the measure in future filings beginning with its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, and in all subsequent reporting periods.
* * * * * * *
United States Securities and Exchange Commission
August 23, 2021
Page 2 of 2
If you have any questions, please feel free to contact me at 214.453.6494. Thank you for your cooperation and prompt attention to this matter.
Sincerely,
/s/ Charles T. Haag
Show Raw Text
CORRESP 1 filename1.htm nref20210823_corresp.htm August 23, 2021 BY EDGAR Jeffrey Lewis Office of Real Estate and Construction United States Securities and Exchange Commission Division of Corporation Finance 100 F Street, NE Washington, DC 20549 Re: NexPoint Real Estate Finance, Inc. Form 10-K for the fiscal year ended December 31, 2020 Filed February 25, 2021 Form 10-Q for the quarterly period ended June 30, 2021 Filed August 3, 2021 File No. 001-39210 Ladies and Gentlemen: On behalf of NexPoint Real Estate Finance, Inc. (the “Company”), we are responding to the comment of the staff of the Division of Corporation Finance of the Securities and Exchange Commission (the “Staff”) contained in its letter dated August 19, 2021. For ease of reference, the text of the Staff’s comment is included in bold-face type below, followed by the Company’s response. Form 10-Q for the quarterly period ended June 30, 2021 Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations Core Earnings, page 31 1. We note your response to comment 1 and continue to believe the measure should be retitled given the adjustments for various unrealized gains (losses) which appear to relate to current operations (e.g. company holding CMBS until maturity). Please revise the title of the measure in future filings to more appropriately reflect its use. Response: The Company acknowledges the Staff’s comment and respectfully advises the Staff that, further to the Company’s discussion with the Staff on August 13, 2021, the Company will revise the title of the measure in future filings beginning with its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, and in all subsequent reporting periods. * * * * * * * United States Securities and Exchange Commission August 23, 2021 Page 2 of 2 If you have any questions, please feel free to contact me at 214.453.6494. Thank you for your cooperation and prompt attention to this matter. Sincerely, /s/ Charles T. Haag Charles T. Haag cc: Brian Mitts, Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, NexPoint Real Estate Finance, Inc. Justin S. Reinus, Partner, Winston & Strawn LLP