2024 Annual Meeting & Election

Nominees

NexPoint has nominated four highly qualified independent candidates to the UDF IV Board of Trustees. Read about their qualifications and relevant professional experience below:

 

  • Certified Public Accountant (CPA) with significant experience in tax structuring and compliance for REITs and private real estate ventures
  • Other experience includes capital raising, real estate acquisitions, and finance oversight

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Paul Broaddus co-founded Riverbend Development and My Garage Self Storage, which develop, own, and operate approximately $200 million of commercial real estate throughout Texas in 2019. He continues to serve as a managing partner and Chief Financial Officer of both companies and as President of My Garage Self Storage. In his role, Mr. Broaddus focuses on raising and investing capital in various projects; sourcing, underwriting, and executing real estate acquisitions and overseeing asset dispositions; and overseeing the finance department and the self-storage asset and property management team. Prior to founding Riverbend Development and My Garage Self Storage, he worked as a Senior Manager in the tax department at Highland Capital Management from 2014 to 2021. In this role, he focused on tax structuring, planning, and compliance for public and private REITs and for other private real estate ventures. He oversaw all REIT tax compliance matters, including REIT qualification. Since 2021, Mr. Broaddus has served as a tax consultant to different real estate ventures. Mr. Broaddus received his B.B.A. with an emphasis in accounting from Baylor University in 2009 and is a Certified Public Accountant licensed in Texas.

 

  • Over 40 years of experience in audit, advisory, and tax
  • Former KPMG audit partner (retired) focused on real estate and asset management
  • Experienced public company board member and audit committee chair

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Edward Constantino has served as a member of the board of directors of NexPoint Residential Trust, Inc. since March 2015; as a member of the board of directors of NexPoint Real Estate Finance, Inc. since February 2020; as a member of the board of trustees of NexPoint Diversified Real Estate Trust since March 2020; as a member of the board of directors of VineBrook since February 2019; and as a member of the board of directors of NexPoint Homes Trust, Inc. since June 2022. Mr. Constantino has over 40 years of audit, advisory and tax experience working for two major accounting firms, Arthur Andersen LLP and KPMG. Mr. Constantino retired from KPMG in late 2009, where he was an audit partner overseeing the firm’s real estate and asset management businesses. Mr. Constantino has been a member of the board of directors of Patriot National Bancorp, Inc. since 2010, and is also a board member and audit committee chair of ARC Trust, Inc. and ARC Trust III, Inc. Mr. Constantino has also served as a consultant for the law firm Skadden, Arps, Slate, Meagher & Flom LLP. He is a licensed CPA, a member of the American Institute of Certified Public Accountants and a member of the New York State Society of Public Accountants. He is currently a member of the board of trustees and part of the Finance and Investment Committee of St. Francis College in Brooklyn Heights, New York.

 

  • Experience leading public and private REITs as CEO and COO and as independent director and audit committee member
  • Significant career as corporate and securities lawyer, leading REIT practices at Morrison & Foerster LLP and Bass, Berry & Sims PLC
  • Experience in corporate finance, governance, M&A, tax, and strategic planning for public and private companies in the REIT and financial services sectors

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John Good is the Chief Executive Officer of NexPoint Storage Partners, Inc. (formerly known as Jernigan Capital, Inc.), a REIT that provides capital to self-storage facility developers. Prior to serving as Chief Executive Officer of Jernigan Capital, Inc., Mr. Good served as the President and Chief Operating Officer and has served as a director since June 2015. Mr. Good has also served as a director of Farmland Partners Inc. since 2018. Prior to joining Jernigan Capital, Inc., Mr. Good was a partner and co-head of the REIT practice group of Morrison & Foerster LLP, a global law firm. From 1999 to 2013, Mr. Good was a partner, multi-term executive committee member, and head of the REIT practice at the law firm of Bass, Berry & Sims PLC, and prior to that was a stockholder and chair of the securities and M&A practice group at the law firm of Baker, Donelson, Bearman, Caldwell and Berkowitz P.C. Mr. Good has over 28 years of experience working with senior management teams and boards of directors of public companies in the REIT and financial services industries on corporate finance, corporate governance, M&A, tax, executive compensation, joint venture and strategic planning projects. As a nationally recognized corporate and securities lawyer, he was lead counsel on over 200 securities offerings raising more than $25 billion over the past 25 years, with more than 125 of those deals being in the REIT industry. Mr. Good graduated from the University of Memphis with a B.B.A. in accounting, cum laude, in 1980, and attained his CPA designation and practiced with a large regional CPA firm until entering University of Memphis School of Law, where he received his J.D. with honors in 1987. He has been nationally ranked by Chambers USA as a leading lawyer to the REIT industry and has been active in NAREIT since 1994.

  • Over 35 years of experience in in capital markets and M&A as an investment banker, including as Co-Head of Southwest Investment Banking at Houlihan Lokey
  • Strong track record as corporate director on both public and private company boards
  • Expertise includes corporate governance, finance, M&A, compensation, human capital, and audit

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Julie Silcock served as a Partner at CDX Advisors, a tech-enabled investment bank, from 2020 until her retirement in 2024. From 2009 to 2020, she served as Managing Director and Co-Head of Southwest Investment Banking at Houlihan Lokey. Prior to that, she served as Managing Director and as Founder and Head of Southwest Investment Banking at Citigroup Global Markets, Inc. She currently serves on the boards of Overseas Shipholding Group Inc., JC Skincare, Goodwill Industries of Dallas, Inc., and the U.S. Ski & Snowboard Foundation. She was formerly on the boards of MoneyGram International, Inc., Q4, Inc., MESA Airlines Inc., and GreenHunter Resources, Inc. Ms. Silcock earned her M.B.A. from the Stanford Graduate School of Business and holds a B.A. from Princeton University.

Proxy Statement

View and download the proxy statement below.

Shareholder Resources

Read the FAQs for more information on why NexPoint is nominating candidates to replace the current Trustees. 

Review the many red flags surrounding the incumbent Trustees and their track record on the UDF IV Board.

Vote the GREEN Proxy Card for NexPoint’s Nominees

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