USX:NXRT - NexPoint Residential Trust Inc Nexpoint Residential Trust Inc
Sector: Real Estate, Industry: Residential REITs
Next Earnings: 30 Apr 2024
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USD 33.3    +0.28 (+0.85%)

24 Apr 2024


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General

CEO: Mr. James David Dondero CFA, CPA

IPO: 2015-03-19

Headquarters: US

Employees: 3

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Description

NexPoint Residential Trust Inc is a real estate investment trust company. Its 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 stockholders. The company seeks to achieve these objectives through targeted management and a capex value-add program. It focuses on acquiring multifamily properties in markets with attractive job growth and household formation fundamentals predominantly in the Southeastern and Southwestern United States. The company generates revenue from the rental of multifamily properties.

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