NexPoint Residential Trust Inc (NXRT)

NexPoint Residential Trust Inc is a company based in the US that operates as a real estate investment trust. The company aims to increase the value and cash flow of its owned properties, acquire properties with the potential for cash flow growth, provide cash distributions every quarter, and achieve a long-term capital appreciation for stockholders long-term capital appreciation for its stockholders.

In order to reach these goals, NXRT has a targeted management and capital expenditure (capex) value-add program as well as a focus on acquiring multifamily properties in regions with strong job growth and household formation fundamentals. The company’s revenue is generated through the rental of these multifamily properties.

NXRT is externally advised by NexPoint Real Estate Advisors, L.P., which is part of a larger alternative investment platform that provides access to a range of investments such as REITs, 1031 exchanges, closed-end funds, interval funds, and BDCs.

These include the Southeastern and Southwestern states of America. The company’s primary source of revenue is from the rent of multifamily properties. It is externally advised by NexPoint Real Estate Advisors, L.P., a member of FINRA/SIPC broker-dealer. The company is part of the NexPoint alternative investment platform which also comprises of NexPoint Advisors, L.P., NexPoint Securities, Inc., and a range of related investment vehicles. Through the NexPoint platform, investors have access to publicly traded REITs, 1031 exchanges, closed-end funds, interval funds, and a BDC. NexPoint is headquartered in Dallas, Texas.

Stock: NXRT | USA | Residential