NexPoint Real Estate Strategies Fund

Investing Across Multiple Real Estate Sectors

NexPoint Real Estate Strategies Fund is a newly-organized, continuously offered, non-diversified, closed-end management investment company. The Fund operates as an interval fund, which is a type of closed-end fund, and is sponsored by NexPoint Advisors, L.P., an affiliate of Highland Capital Management, L.P. Highland is an institutional investment firm with $14.9 billion in assets under management as of March 31, 2017, and one of the largest and most experienced global alternative credit and equity managers.

The Advisor’s management team has extensive real estate experience, having completed over $1.9B of real estate transactions since 2014. At the end of first quarter 2015, an affiliate of the Advisor completed a public listing of its $1B value-add multifamily portfolio under the ticker symbol “NXRT” on the New York Stock Exchange.

Highland Capital Fund Distributors, Inc., member FINRA, is the dealer manager for the NexPoint Real Estate Strategies Fund offering.

An investment in the Fund is subject to fees and expenses. You should read the prospectus carefully to fully understand the objectives, risks, sales charges, and fees and expenses before investing or sending money.

RISK FACTORS

News
Highland Capital Management Announces Launch of Non-Traded Product Line with Affiliate NexPoint Advisors

DALLAS, August 20, 2014 – Highland Capital Management, L.P., (“Highland”), a Dallas-based investment management firm, which together with its affiliates has approximately $19 billion in assets under management, today announced the launch of its non-traded product line with a publicly-registered Business Development Company (BDC) NexPoint Capital, Inc.  The BDC will be the industry’s first healthcare-focused fund of its kind with a target raise of $1.5B…

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