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DALLAS , March 5, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of the sale of Old Farm in Houston, TX, a 734-unit property built in 1996. The property was acquired for $84.7 million on December 29, 2016 and has provided consistent operational and cash flow performance for the portfolio for the last 7+ years.
NXRT Recaps Disposition Activity, Value-Add Results and Issues 2024 Full Year Guidance DALLAS , Feb. 20, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the fourth quarter and year ended December 31, 2023. Highlights NXRT1 reported net income, FFO2, Core FFO2 and AFFO2 of $44.3M, $71.4M, $73.5M and $84.4M, respectively, attributable to common sto...
DALLAS , Feb. 20, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors unanimously approved a dividend of $0.46242 per share of NXRT common stock, payable on March 28, 2024, to stockholders of record on March 15, 2024. About NexPoint Residential Trust, Inc. NexPoint Residential Trust is a publicly traded REIT, with its shares li...
DALLAS , Feb. 5, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company is scheduled to host a conference call on Tuesday, February 20, 2024, at 11:00 a.m. ET (10:00 am CT), to discuss fourth quarter and full year 2023 financial results.
DALLAS , Jan. 30, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the final income allocations of the Company's 2023 dividend distributions on its common stock. The final income allocations as they will be reported on Form 1099-DIV are set forth in the following table: Common Shares (CUSIP #65341D102) Ex DividendDate Record Date Payab...
Apartment REITs were among the weakest-performing property sectors for a second-straight year in 2023 - lagging even the battered office sector - despite delivering another year of mid-single-digit earnings growth. Following two years of record-setting rent growth, residential rents decelerated in 2023 alongside a broader cooling of inflationary pressures, with multifamily rents seeing a partic...
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