Most of us know that on 2/25/22, NexPoint Advisors, L.P., investment adviser to the NexPoint Diversified Real Estate Trust, announced that the tender offer for UDFI has been extended to at least 3/25/22.
But why would NHF continue extending a tender offer in a position it no longer owns?
What!
According the just released 2021 Annual Report, NHF sold its 1,763,581 shares sometime during the year for $6,462,879 or about $3.66 per unit.
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