NexPoint Real Estate Finance, Inc. "At-The-Market" Equity Offering Program

Winston & Strawn represented NexPoint Real Estate Finance, Inc., a NYSE-listed real estate investment trust, in connection with its "at-the-market" equity offering program, pursuant to which it may sell shares of its common stock and/or preferred stock having an aggregate sales price of up to US$100M. Raymond James & Associates, Inc.; Keefe, Bruyette & Woods, Inc.; Robert W. Baird & Co. Inc.; and Virtu Americas LLC acted as sales agents.