NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that Matthew McGraner, NXRT's Executive VP and Chief Investment Officer, Bonner McDermett, NXRT VP, Asset Management, and Sean Jacobson, NXRT VP, Asset Management will be meeting with investors and others at Nareit's REITweek: 2024 Investor Conference, to be held June 3-6 at the New York Hilton Midtown in New York City.
NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of the sale of Radbourne Lake Apartment Homes in Charlotte, NC, a 225-unit property built in 1991. The property was acquired for $24.3 million on September 30, 2014, and has provided consistent operational and cash flow performance for the portfolio for the last 9+ years. As of April 30, 2024, the property was 92.4% leased with a weighted average effective monthly rent of approximately $1,420, whi
From net losses to robust gains, NXRT showcases a significant financial turnaround and strategic maneuvers in the first quarter of 2024.