NexPoint Real Estate Finance, Inc.

Thank you for standing by. My name is Kate and I will be your conference operator today. At this time, I would like to welcome everyone to the next point, real estate finance Q4 2024 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed with the number one on your telephone keypad. If you would like to withdraw your question, press star one again. Thank you. I would now like to turn the call over to Kristen Griffith, Investor Relations. Please go ahead.

Thank you. Good day, everyone, and welcome to Next Point Real Estate Finance Conference Call to review the company's results for the fourth quarter ended December 31st, 2024. On the call today are Paul Richards, Executive Vice President and Chief Financial Officer, and Matt McGrain, Executive Vice President and Chief Investment Officer. As a reminder, this call is being webcast through the company's website at nref.nextpoint.com. Before we begin, I would like to remind everyone that this conference call contains forward-looking statements within the meanings of the Private Securities Litigation Reform Act of 1995 that are based on management's current expectations, assumptions, and beliefs. Listeners should not place undue reliance on any forward-looking statements and are encouraged to review the company's annual report on Form 10-K and accompanies other filings with the SEC for a more complete discussion of risk and other factors that could affect forward-looking statements. The statements made during this conference call speak only as of today's date and except as required by law, NREF does not undertake any obligation to publicly update or revise any forward-looking statements. This conference call also includes an analysis of non-GAAP financial measures. For a more complete discussion of these non-GAAP financial measures, see the company's presentation that was filed earlier today. I would now like to turn the call over to Matt McGrainer. Please go ahead, Matt.

Thank you, Kristen. And before we dive into our prepared remarks, I want to take a moment to congratulate Brian Mitz on his well-earned retirement, which officially took effect on December 31st of 2024. We're incredibly grateful for his years of dedication, the countless long days he put in, and the instrumental role he played in shaping NREF into what it is today. While Brian has stepped back from the day-to-day operations, we're fortunate that he remains a valued member of our board, continuing to provide guidance and insight as we move forward. At the same time, I'm pleased to officially welcome Paul Richards as our new CFO. While most of you on the phone already know his capabilities, having worked closely with Brian and me for over decades, Paul deeply understands our strategy and our approach to execution. He's a strong leader, and I have full confidence in his ability to continue to drive sector-leading long-term results for NREF shareholders. With that, I'll turn the call over to Paul to walk us through our fourth quarter and four-year 2024 financial results and to discuss the portfolio.