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Compare · NREF vs SPG

NREF vs SPG

Side-by-side comparison of NexPoint Real Estate Finance Inc. (NREF) and Simon Property Group Inc. (SPG): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both NREF and SPG operate in Real Estate Investment Trusts (Real Estate), so they compete in similar markets.
  • SPG is the larger of the two at $70.85B, about 216.7x NREF ($327.0M).
  • Over the past year, NREF is up 16.6% and SPG is up 23.8% - SPG leads by 7.2 points.
  • Both names hit the wire about 4 times in the past 4 weeks.
  • SPG has more recent analyst coverage (25 ratings vs 4 for NREF).
PerformanceNREF+16.58%SPG+23.79%
2025-08-26+0.00%2026-08-25
MetricNREFSPG
Company
NexPoint Real Estate Finance Inc.
Simon Property Group Inc.
Price
$17.55+2.75%
$218.94-0.82%
Market cap
$327.0M
$70.85B
1M return
+4.31%
-5.41%
1Y return
+16.58%
+23.79%
Industry
Real Estate Investment Trusts
Real Estate Investment Trusts
Exchange
NYSE
NYSE
IPO
2020
News (4w)
4
4
Recent ratings
4
25
NREF

NexPoint Real Estate Finance Inc.

NexPoint Real Estate Finance, Inc. operates as a real estate finance company in the United States. It focuses on originating, structuring, and investing in first mortgage loans, mezzanine loans, preferred equity, and preferred stock, as well as multifamily commercial mortgage backed securities securitizations. The company intends to qualify as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2019 and is based in Dallas, Texas.

SPG

Simon Property Group Inc.

Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

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