NexPoint Residential Trust (NXRT) is a public REIT of NexPoint, a Dallas-based, multibillion-dollar alternative investment platform. It specializes in the acquisition, management and operation of class B multifamily real estate properties in large, high-growth cities primarily within the southeastern and southwestern U.S. The core strategy of NXRT centers around the curation of well-located workforce housing communities with value-add potential and investing capital to elevate the properties for comfortable living. NexPoint Residential Trust's approach improves the lifestyles of its residents by incorporating modern amenities to provide safe, clean, and affordable housing while maximizing long-term value for their investors.
Performance Details
1 Year Return
59.56%
2 year return
4.68%
3 year return
-12.51%
5 year return
3.02%
10 year return
N/A
Market Cap
$1.2 B
Dividend Yield
3.92%
Dividend Amount
$0.46
Ex-Dividend Date
2024-09-13
Last updated: Nov. 25 2024
Corporate Information
Nareit member since
2015
Address
300 Crescent Court
Suite 700
Dallas, TX 75201
United States
Company Contacts
James Dondero
President, CEO & Chair
Brian Mitts
CFO
Kristen Thomas
Investor Relations