| Market Capitalization (Millions $) |
577 |
| Shares
Outstanding (Millions) |
26 |
| Employees |
1 |
| Revenues (TTM) (Millions $) |
253 |
| Net Income (TTM) (Millions $) |
-34 |
| Cash Flow (TTM) (Millions $) |
5 |
| Capital Exp. (TTM) (Millions $) |
41 |
Business Description
Nexpoint Residential Trust Inc (NXRT) is a publicly-traded real estate investment trust (REIT) that specializes in acquiring, owning, and managing multifamily properties in select US markets. The company was founded in 2014 and is headquartered in Dallas, Texas. It operates with a focus on providing high-quality rental housing solutions for middle-income families and individuals.
The company's portfolio consists of over 40 multifamily properties with approximately 14,000 apartment units located in various states, including Texas, Florida, and Georgia. The properties are generally located in high-growth markets with strong economic fundamentals, such as job growth, population growth, and vibrant local economies.
Nexpoint Residential Trust focuses on providing value-added investments that offer attractive returns to investors while fulfilling its vision of improving the overall rental experience for tenants. To achieve this, the company employs a hands-on asset management approach that focuses on enhancing property performance, increasing occupancy rates, and maximizing rental income.
The company has a diverse tenant base, ranging from young professionals to families and retirees. Most of the properties offer a variety of amenities, such as fitness centers, swimming pools, clubhouses, and business centers. The company also prioritizes sustainable living, and most of the properties have energy-efficient features and utilize renewable energy sources.
Nexpoint Residential Trust is managed by NexPoint Real Estate Advisors, L.P., which is a wholly-owned subsidiary of Highland Capital Management, L.P. Highland Capital Management is one of the largest alternative investment managers in the world.
Overall, Nexpoint Residential Trust Inc is a reputable company that has established a successful track record in the multifamily real estate market. It offers investors attractive investment opportunities while providing quality rental housing solutions to middle-income tenants in vibrant US markets.
Company Address: 300 Crescent Court Zagreb 75201 City of Zagreb
Company Phone Number: 276-6300 Stock Exchange / Ticker: NYSE NXRT
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