NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that Brian Mitts, NXRT's Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, Matthew McGraner, NXRT's Executive VP and Chief Investment Officer, and Matthew Goetz, NXRT's Senior VP-Investments and Asset Management, will be presenting and meeting with investors and others at Nareit's REITweek: 2020 Investor Conference, virtually taking place June 2-4.
NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of the sale of two properties in Nashville, TN, Willow Grove, a 244- unit property built in 1973, and Woodbridge, a 220-unit property built in 1980. The properties are situated on approximately 18.12 and 18.601 acres of land, respectively. As of March 25, 2020, the properties were 95.04% occupied with a weighted average effective monthly rent of approximately $1,037. Net proceeds from the sale were approximately $33.1M, based on a blended nominal cap rate of 5.0%. Management anticipates using the net proceeds from the sales for liquidity, general corporate purposes and share repurchases as part of NXRT's updated stock repurchase program that was announced on March 13, 2020.
NexPoint Residential Trust, Inc. (NYSE:NXRT), which is in the reits business, and is based in United States, received...
NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its Board of Directors authorized an increase in its previously announced share repurchase program from $40.0 million to $100.0 million of its common stock. There is approximately $75.0 million available to repurchase shares of its common stock.
NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that the record date for determining stockholders entitled to vote at the 2020 Annual Meeting of Stockholders (the "Annual Meeting") will be Friday, April 3, 2020. The Annual Meeting will be held at 9:00 a.m. Central Time on Tuesday, May 12, 2020 at the Crescent Club, located at 200 Crescent Court, 17th Floor, Dallas, Texas 75201.
Tao Value recently released its Q1 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -12.96% for the quarter, outperforming their benchmark, the MSCI All Country World Index (ACWI) which returned -21.05% in the same quarter. In the said letter, Tao Value highlighted a few stocks and Nexpoint […]
NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the first quarter ended March 31, 2020.
NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that due to the emerging public health impact of the coronavirus pandemic (COVID-19), the 2020 Annual Meeting of Stockholders (the "Annual Meeting") to be held on Tuesday, May 12, 2020 beginning at 9:00 a.m. Central Time will be conducted as a virtual meeting. Stockholders will not be able to attend the Annual Meeting in person.
NEW YORK, NY / ACCESSWIRE / February 18, 2020 / NexPoint Residential Trust, Inc. (NYSE:NXRT) will be discussing their earnings results in their 2019 Fourth Quarter and Full Year Earnings call to be held ...
NexPoint Residential Trust Inc. (NXRT) is well positioned to outperform the market, as it exhibits above-average growth in financials.
NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) provided an update today on its response to the novel coronavirus (COVID-19) crisis and provided the results of April rent collections through April 15, 2020.
Q1 2020 NexPoint Residential Trust Inc Earnings Call
NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company is scheduled to host a conference call on Thursday, May 7, 2020 at 11:00 a.m. ET (10:00 am CT), to discuss first quarter financial results and provide updates on the impact of the COVID-19 crisis on operations and rent collections.
NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) previously announced that during the last two quarters, it issued 918,614 shares under the Company's ATM program at an average price of $49.12 per share for gross proceeds of $45.12 million. Also, the Company announced today it has repurchased approximately 1.5 million shares of NXRT at an average price of $27.48 per share since the Company announced its updated share repurchase program on March 13, 2020. NXRT's repurchases included shares subject to the Highland Capital Management, L.P. ("HCM") bankruptcy proceedings and shares that may be deemed to be beneficially owned by James Dondero, NXRT's Chairman of the Board and President. The repurchases also included shares that were sold at the direction of financial counterparties in accounts subject to margin calls amid the recent unprecedented market dislocation. The Company believes sales of NXRT shares by insiders are now complete and no further dispositions of NXRT shares by insiders are contemplated for the remainder of the year.
NexPoint Residential Trust Inc. (NXRT) is well positioned to outperform the market, as it exhibits above-average growth in financials.
NexPoint Residential Trust, Inc., ("NXRT" or the "Company"), (NYSE: NXRT) announced today that the Company has published a presentation addressing recent market volatility and other timely Company updates. The presentation can be found on the Company's website (www.nexpointliving.com). The Company will put out additional information in the coming weeks as events warrant.
NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that Brian Mitts, NXRT's Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, and Matthew Goetz, Senior Vice President, will be presenting at the Raymond James Institutional Investors Conference on Monday, March 2, 2020 at the JW Marriott Orlando, Grande Lakes in Orlando, Florida. A copy of the meeting materials will be posted to NXRT's website (www.nexpointliving.com) the morning of the presentation.
NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors has declared a quarterly dividend of $0.3125 per share of NXRT common stock, payable on June 30, 2020 to stockholders of record on June 15, 2020.
Q4 2019 NexPoint Residential Trust Inc Earnings Call
NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) provided an update today on its response to the novel coronavirus (COVID-19) crisis and provided the results of May rent collections through May 16, 2020.