Company NexPoint Residential Trust, Inc.

Equities

NXRT

US65341D1028

Residential REITs

Market Closed - Nyse 16:00:02 2024-04-29 EDT 5-day change 1st Jan Change
33.31 USD +0.12% Intraday chart for NexPoint Residential Trust, Inc. +1.83% -3.25%

Business Summary

NexPoint Residential Trust, Inc. is a real estate investment trust (REIT). The Company is primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with value-add potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. The Company’s investment 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 its stockholders through targeted management and a value-add program. The Company may allocate up to 30% of the portfolio to investments in real estate-related debt and securities with the potential for high current income or total returns. These allocations may include first and second mortgages and subordinated, bridge, mezzanine, construction and other loans. It is externally managed by NexPoint Real Estate Advisors, L.P.

Number of employees: 3

Sales per Business

USD in Million2022Weight2023Weight Delta
Rental
97.3 %
258 97.7 % 270 97.3 % +4.74%
Other
2.7 %
6 2.3 % 7 2.7 % +22.16%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
264 100.0 % 278 100.0 % +5.14%

Managers

Managers TitleAgeSince
Founder 40 14-09-18
Chief Executive Officer 60 15-04-30
Founder 52 14-09-18
Investor Relations Contact - -
Corporate Officer/Principal 38 19-03-31
General Counsel 49 20-01-31
Corporate Officer/Principal 38 15-02-28

Members of the board

Members of the board TitleAgeSince
Director/Board Member 83 15-05-07
Founder 52 14-09-18
Director/Board Member 68 20-07-26
Chief Executive Officer 60 15-04-30
Director/Board Member 63 15-02-28
Director/Board Member 76 15-02-28
Director/Board Member 70 22-08-01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 25,774,730 22,519,908 ( 87.37 %) 0 87.37 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
17.59 %
4,533,136 17.59 % 146 M $
Vanguard Fiduciary Trust Co.
10.44 %
2,690,813 10.44 % 87 M $
2,370,465 9.197 % 76 M $
Highland Capital Management LP
7.629 %
1,966,327 7.629 % 63 M $
SSgA Funds Management, Inc.
5.858 %
1,509,987 5.858 % 49 M $
1,507,787 5.850 % 49 M $
T. Rowe Price Investment Management, Inc.
4.526 %
1,166,683 4.526 % 38 M $
Copeland Capital Management LLC
3.477 %
896,238 3.477 % 29 M $
Nexpoint Asset Management LP (Subfiler)
2.961 %
763,184 2.961 % 25 M $
Goldman Sachs Asset Management LP
2.121 %
546,781 2.121 % 18 M $

Company contact information

NexPoint Residential Trust, Inc.

300 Crescent Court Suite 700

75201, Dallas

+214 276 6300

http://nxrt.nexpoint.com
address NexPoint Residential Trust, Inc.(NXRT)

Group companies

NameCategory and Sector
Real Estate Development
  1. Stock Market
  2. Equities
  3. NXRT Stock
  4. Company NexPoint Residential Trust, Inc.