NexPoint Residential Trust, headquartered in Dallas, Texas, focuses on acquiring and managing middle-income multifamily properties in large cities, aiming for cash flow growth and long-term capital appreciation. Established in 2015, it employs three people and may invest up to 30% of its portfolio in real estate-related debt.
NXRT has been in the news recently: NexPoint Real Estate Opportunities has publicly criticized the Board of United Development Funding IV for misusing over $10 million in fees and not addressing significant shareholder concerns. Additionally, NexPoint Residential Trust (NXRT) is scheduled to meet with investors at the Nareit's REITworld conference from November 18-21, 2024, in Las Vegas.
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