NexPoint Diversified Real Estate Trust, through its indirect subsidiary NXDT Hospitality Holdco, LLC, entered into a Membership Interest Purchase Agreement (MIPA) with OSL Bradenton Downtown, LLC. The agreement, dated March 24, 2026, involved the sale of 100% of the membership interests of NHT Bradenton, LLC. NHT Bradenton, LLC owns the Bradenton Hampton Inn & Suites property located at 309 10th Street W, Bradenton, Florida. The transaction closed on March 24, 2026, for a total consideration of $26,300,000, payable in cash. The Company intends to use the net proceeds from the transaction for short-term liquidity needs. The Buyer, OSL Bradenton Downtown, LLC, may be deemed an affiliate of the Company's adviser, NexPoint Real Estate Advisors X, L.P., through common beneficial ownership. The MIPA was reviewed and approved by the Audit Committee of the Board of Trustees of the Company, in compliance with its Related Party Transaction Policy.