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An announcement from NexPoint Diversified Real Estate Trust ( (NXDT) ) is now available.
On March 24, 2026, NexPoint Diversified Real Estate Trust, through its subsidiary NXDT Hospitality Holdco, LLC, sold 100% of the membership interests of NHT Bradenton, LLC, owner of the Bradenton Hampton Inn & Suites, to OSL Bradenton Downtown, LLC for approximately $26.3 million in cash, subject to customary closing adjustments. The company said the net proceeds from the related-party transaction, which was reviewed and approved by its audit committee, would be used to meet short-term liquidity needs, underscoring an effort to bolster its near-term financial flexibility while reshaping its hospitality portfolio.
More about NexPoint Diversified Real Estate Trust
NexPoint Diversified Real Estate Trust is a real estate investment trust focused on diversified real estate assets, including hospitality properties. Through various subsidiaries, the company invests in, owns, and manages income-producing real estate, seeking to generate returns and liquidity for its shareholders in the broader commercial property market.
Average Trading Volume: 299,707
Current Market Cap: $208.3M
See more insights into NXDT stock on TipRanks’ Stock Analysis page.