NexPoint Residential Trust, Inc. is a real estate investment trust (REIT). The Company is primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with value-add potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. The Company's investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions and achieve long-term capital appreciation for its stockholders through targeted management and a value-add program. The Company may allocate up to 30% of the portfolio to investments in real estate-related debt and securities with the potential for high current income or total returns. These allocations may include first and second mortgages and subordinated, bridge, mezzanine, construction and other loans. It is externally managed by NexPoint Real Estate Advisors, L.P.
Ticker SymbolNXRT
Company nameNexPoint Residential Trust Inc
IPO dateMar 19, 2015
CEO- -
Number of employees2
Security typeOrdinary Share
Fiscal year-endMar 19
Address300 Crescent Court
CityDALLAS
Stock exchangeNASDAQ OMX NASDAQ Basic NYSE
CountryUnited States of America
Postal code75201
Phone19726284100
Websitehttps://www.nexpointliving.com
Ticker SymbolNXRT
IPO dateMar 19, 2015
CEO- -