| Schedule of Components of Investments in Real Estate Properties |
As of June 30, 2026, the major components of the Company’s investments in real estate held by SPEs the Company consolidates, which are included in "Consolidated Real Estate Investments" on the Consolidated Balance Sheet, were as follows (in thousands):
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Real Estate Investments |
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Land |
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Buildings and Improvements |
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Intangible Lease Assets |
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Intangible Lease Liabilities |
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Right of Use Assets |
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Construction in Progress |
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Furniture, Fixtures, and Equipment |
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Totals |
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White Rock Center |
|
$ |
1,315 |
|
|
$ |
10,775 |
|
|
$ |
1,921 |
|
|
$ |
(101 |
) |
|
$ |
— |
|
|
$ |
17 |
|
|
$ |
13 |
|
|
$ |
13,940 |
|
5916 W Loop 289 |
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|
851 |
|
|
|
2,594 |
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|
|
— |
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|
|
— |
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|
|
— |
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|
|
— |
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|
|
— |
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|
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3,445 |
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Cityplace |
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18,812 |
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195,429 |
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|
9,058 |
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|
(6,669 |
) |
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|
— |
|
|
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19,302 |
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|
|
379 |
|
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|
236,311 |
|
NexPoint Dominion Land, LLC |
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26,500 |
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|
|
— |
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— |
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— |
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— |
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— |
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— |
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26,500 |
|
Dallas Hilton Garden Inn |
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|
4,116 |
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|
|
24,837 |
|
|
|
— |
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|
|
— |
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|
|
— |
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|
|
1,008 |
|
|
|
1,587 |
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|
|
31,548 |
|
St. Petersburg Marriott |
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|
5,829 |
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|
37,879 |
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|
|
— |
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|
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— |
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— |
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|
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2,612 |
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|
|
2,310 |
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|
48,630 |
|
Hyatt Place Park City |
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|
3,737 |
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|
20,312 |
|
|
|
— |
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|
|
— |
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|
|
— |
|
|
|
973 |
|
|
|
3,166 |
|
|
|
28,188 |
|
HUB Research Triangle Park |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
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|
442 |
|
|
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— |
|
|
|
— |
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|
442 |
|
|
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|
61,160 |
|
|
|
291,826 |
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|
|
10,979 |
|
|
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(6,770 |
) |
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|
442 |
|
|
|
23,912 |
|
|
|
7,455 |
|
|
|
389,004 |
|
Accumulated depreciation and amortization |
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|
— |
|
|
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(42,448 |
) |
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|
(9,599 |
) |
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|
5,231 |
|
|
|
— |
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— |
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(2,679 |
) |
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|
(49,495 |
) |
Total Operating Properties |
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$ |
61,160 |
|
|
$ |
249,378 |
|
|
$ |
1,380 |
|
|
$ |
(1,539 |
) |
|
$ |
442 |
|
|
$ |
23,912 |
|
|
$ |
4,776 |
|
|
$ |
339,509 |
|
As of December 31, 2025, the major components of the Company’s investments in real estate held by SPEs the Company consolidates, which are included in "Consolidated Real Estate Investments" on the Consolidated Balance Sheet, were as follows (in thousands):
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|
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Real Estate Investments |
|
Land |
|
|
Buildings and Improvements |
|
|
Intangible Lease Assets |
|
|
Intangible Lease Liabilities |
|
|
Right of Use Assets |
|
|
Construction in Progress |
|
|
Furniture, Fixtures, and Equipment |
|
|
Totals |
|
White Rock Center |
|
$ |
1,315 |
|
|
$ |
10,672 |
|
|
$ |
1,921 |
|
|
$ |
(101 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
13 |
|
|
$ |
13,820 |
|
5916 W Loop 289 |
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|
851 |
|
|
|
2,594 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
3,445 |
|
Cityplace |
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|
18,812 |
|
|
|
195,416 |
|
|
|
9,058 |
|
|
|
(6,669 |
) |
|
|
— |
|
|
|
19,239 |
|
|
|
379 |
|
|
|
236,235 |
|
NexPoint Dominion Land, LLC |
|
|
26,500 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
26,500 |
|
Dallas Hilton Garden Inn |
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|
4,116 |
|
|
|
24,838 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
74 |
|
|
|
1,587 |
|
|
|
30,615 |
|
St. Petersburg Marriott |
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|
5,829 |
|
|
|
37,879 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
731 |
|
|
|
2,307 |
|
|
|
46,746 |
|
Hyatt Place Park City |
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|
3,737 |
|
|
|
20,327 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
876 |
|
|
|
3,166 |
|
|
|
28,106 |
|
Bradenton Hampton Inn & Suites |
|
|
837 |
|
|
|
25,669 |
|
|
|
— |
|
|
|
— |
|
|
|
1,464 |
|
|
|
317 |
|
|
|
2,904 |
|
|
|
31,191 |
|
HUB Research Triangle Park |
|
|
— |
|
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|
— |
|
|
|
— |
|
|
|
— |
|
|
|
534 |
|
|
|
— |
|
|
|
— |
|
|
|
534 |
|
|
|
|
61,997 |
|
|
|
317,395 |
|
|
|
10,979 |
|
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|
(6,770 |
) |
|
|
1,998 |
|
|
|
21,237 |
|
|
|
10,356 |
|
|
|
417,192 |
|
Accumulated depreciation and amortization |
|
|
— |
|
|
|
(37,837 |
) |
|
|
(9,215 |
) |
|
|
4,705 |
|
|
|
(68 |
) |
|
|
— |
|
|
|
(2,908 |
) |
|
|
(45,323 |
) |
Total Operating Properties |
|
$ |
61,997 |
|
|
$ |
279,558 |
|
|
$ |
1,764 |
|
|
$ |
(2,065 |
) |
|
$ |
1,930 |
|
|
$ |
21,237 |
|
|
$ |
7,448 |
|
|
$ |
371,869 |
|
|
| Schedule of Sale of Properties |
The Company sold one property during the six months ended June 30, 2026 as detailed in the table below (in thousands):
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Property Name |
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Location |
|
Date of Sale |
|
Sales Price |
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|
Net Cash Proceeds |
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|
Gain (Loss) on Sale of Real Estate |
|
Bradenton Hampton Inn & Suites |
|
Bradenton, Florida |
|
March 24, 2026 |
|
$ |
26,300 |
|
|
$ |
26,197 |
|
|
$ |
(2,784 |
) |
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The Company sold three properties during the six months ended June 30, 2025, as detailed in the table below (in thousands):
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|
Property Name |
|
Location |
|
Date of Sale |
|
Sales Price |
|
|
Net Cash Proceeds |
|
|
Gain (Loss) on Sale of Real Estate |
|
Plano Homewood Suites |
|
Plano, Texas |
|
January 24, 2025 |
|
$ |
8,300 |
|
|
$ |
8,154 |
|
|
$ |
11 |
|
Addison Property |
|
Addison, Texas |
|
April 18, 2025 |
|
$ |
6,400 |
|
|
$ |
6,308 |
|
|
$ |
(88 |
) |
Las Colinas HomeWood Suites |
|
Las Colinas, Texas |
|
April 8, 2025 |
|
$ |
14,000 |
|
|
$ |
13,844 |
|
|
$ |
114 |
|
|