Key Highlights

  • 9.33 is the USD net asset value for each share of NexPoint Diversified Real Estate Trust (NYSE:NXDT) as of June 30, 2026, a drop from 10.76, while a 136.4 million Cityplace Loan came due on November 8, 2026.
  • 7.3 million is the USD tenant Revenue American Strategic Investment Co. (NYSE:NYC) booked across second-quarter 2026, lower than 12.2 million, alongside an 18.89 million nano-cap valuation and 251.0 million of overall debt.
  • 3.33 is the projected loss per share in the snapshot data for Creative Media & Community Trust Corporation (NASDAQ:CMCT), slated ahead of the opening bell on November 13, 2026, with a 13.93 million USD nano-cap valuation.
  • 0 EPS forecasts exist for a pair among these three REITs, and every one is listed ahead of the open on November 13, 2026, with valuations of 166.22 million, 18.89 million and 13.93 million USD.

NexPoint Diversified Real Estate Trust (NYSE:NXDT): Refinancing and Net Asset Value

NexPoint Diversified Real Estate Trust (NYSE:NXDT) is slated to present third quarter 2026 results ahead of the open (BMO) on November 13, 2026. The snapshot data show no consensus EPS estimate, so no profit yardstick exists, and its USD 166.22 million valuation is the biggest of the three REITs. The yardstick instead is the opening half of 2026, which posted a Deficit of USD 19.2 million against USD 79.2 million one year before, on revenue of USD 42.2 million, a 16% decline. Net asset value was USD 9.33 for each share on June 30, 2026, falling from USD 10.76 at the end of 2025, a slide of roughly 13.3% (calculated). The USD 136.4 million Cityplace loan came due on November 8, 2026 and belongs to USD 145.2 million in total 2026 maturities, which makes refinancing the central question. Level 3 Assets totalled USD 446 million, or 43% of the portfolio, marked using discount rates from 7% to 27%. Related-party Debt sat near USD 53 million, and Series B preferred raised USD 46.1 million before costs at a 9% coupon. Management intends to recycle between USD 100 million and USD 150 million from assets outside its core. The Dominion Note Maturity was pushed to 2027, the OSL note on White Rock Center was repaid, and USD 41.8 million of Series B preferred remained outstanding. No formal guidance turned up, and earnings per share, cash on hand and shares outstanding were absent, so no comparison of price against NAV was possible. Hazards cover fees paid to related parties, SOFR-linked floating-rate exposure, doubt over Level 3 valuations, the ROAD Act arriving in January 2027 for single-family rentals, and payout coverage called strained.

American Strategic Investment Co. (NYSE:NYC): A Foreclosure Process and Sparse Liquidity

American Strategic Investment Co. (NYSE:NYC) plans to deliver third quarter 2026 results ahead of the open (BMO) on November 13, 2026. The snapshot data show no consensus EPS estimate, so no profit yardstick exists. Its valuation in the snapshot data is USD 18.89 million, a nano-cap tier that brings heightened Volatility and Liquidity hazards. Looking at second-quarter 2026, announced on August 12, 2026, tenant revenue came to USD 7.315 million compared with USD 12.222 million a year before, since 1140 Avenue of the Americas is going through a foreclosure that the owner has agreed to. Common shareholders absorbed a USD 8.299 million loss against USD 41.66 million, or USD 3.04 on every share, and adjusted EBITDA reached USD 2.403 million against USD 0.381 million. A disposition produced a USD 2.28 million gain, and restricted cash totalled USD 5.517 million. Formal guidance was not offered; the CEO named wrapping up remaining dispositions as the priority. Total debt stood at USD 251.0 million on June 30, 2026, at an average Interest Rate of 4.56% weighted by balance, with USD 99.0 million relating to the receivership property. Unrestricted cash was just USD 2.422 million, set against a USD 5.0 million covenant floor for liquid assets. Net debt was USD 248.6 million, equal to 59.6% of the gross value of assets, while Equity held by stockholders was USD 52.902 million. Leased space came in at 74.8% versus 76.4% during the first quarter, and the average Lease still had 6.1 years to run, and the share count rose to 3,163,632 from 2,692,941 at year-end. Hazards include dilution as the advisor is paid in shares worth about USD 2.1 million, and NYSE monitoring following a notice that compliance was regained, dated July 22, 2026.

Creative Media & Community Trust Corporation (NASDAQ:CMCT): An Oakland Mortgage and Reverse Splits

Creative Media & Community Trust Corporation (NASDAQ:CMCT) is scheduled to present third quarter 2026 results ahead of the open (BMO) on November 13, 2026. Analysts in the snapshot data project a loss of USD 3.33 on every share, a narrower figure than the USD 4.03 diluted loss logged in the second quarter, which two 1-for-10 reverse splits during 2026 distorted. Snapshot valuation is USD 13.93 million, a nano-cap tier prone to sharp swings and sparse trading. Revenue in that second quarter of USD 29.683 million was basically unchanged from USD 29.689 million, while the common-shareholder loss narrowed to USD 10.958 million from USD 14.279 million. Office leasing included 16,176 square feet of fresh leases longer than 12 months. Multifamily occupancy climbed to 95.3%, office leasing was 72.3%, and hotel RevPAR was USD 180.47 compared with USD 166.83, signalling better operations even though its financing mix remains stretched. No numerical guidance turned up, though press coverage mentioned an intention to turn into a pure multifamily REIT. The non-recourse Oakland mortgage of USD 97.1 million came due without a refinancing, while management reportedly refused to fund a replacement, which might send the loan toward a servicer that handles distressed debt. Management also plans to sell the lending unit. Coverage further mentioned USD 397 million of Preferred Shares exchanged into common stock, a dilutive step. Core FFO was reported at minus USD 3.4 million, segment NOI was USD 9.3 million, off 5.2%, and roughly 12% of Bay Area rents reportedly sit below market levels. Cash, borrowings and the share tally were absent, and the secondary numbers originate from a recap that cautions it may hold errors.

Where Things Stand

NexPoint Diversified Real Estate Trust (NYSE:NXDT) has the top valuation at USD 166.22 million alongside a USD 136.4 million refinancing question. American Strategic Investment Co. (NYSE:NYC) carries USD 251.0 million in debt against only USD 2.422 million in cash that is unrestricted. Creative Media & Community Trust Corporation (NASDAQ:CMCT) holds the lone EPS forecast, a 3.33 loss, plus a USD 97.1 million Oakland mortgage that came due. All three report ahead of the open on November 13, 2026, so Canadian investors following these US-listed REITs will track borrowings, cash on hand and property sales. This article is for information only and should not be read as a recommendation.