| Subsidiary | Jurisdiction of Organization | ||||
| NexPoint Diversified Real Estate Trust OP GP, LLC | Delaware | ||||
| NexPoint Diversified Real Estate Trust Operating Partnership, L.P. | Delaware | ||||
| NexPoint Dominion Land, LLC | Delaware | ||||
| NexPoint Real Estate Capital, LLC | Delaware | ||||
| NexPoint Real Estate Opportunities, LLC | Delaware | ||||
| NHF TRS, LLC | Delaware | ||||
| CP Tower Owner, LLC | Delaware | ||||
| NexPoint Hospitality Trust | Canada | ||||
NHT Operating Partnership, LLC | Delaware | ||||
| NHT Intermediary, LLC | Delaware | ||||
| NHT Holdings, LLC | Delaware | ||||
| NHT Operating Partnership, LLC | Delaware | ||||