A live audio webcast of the call will be available online at the Company's website, https://nxrt.nexpoint.com (under "Resources"). NexPoint Residential Trust, Inc. ("NXRT") is an externally advised, publicly traded real estate investment trust (REIT) focused on the acquisition, asset management, and disposition of multifamily assets, located primarily in the Sun Belt region of the United States. Apr. Target underlying property types primarily include but are not limited to industrial, hospitality, net lease, retail, office, storage and healthcare and, to the extent currently owned, multifamily and single-family rentals. To sum up, NexPoint Residential Trust's first-quarter 2023 results were pretty good and confirm their ability to navigate challenges and capitalize on opportunities. There are 31 properties encompassing 12,210 units of apartment space in our Same Store pool for the year ended December 31, 2022 (our 2021-2022 Same Store properties). Now a look across the numbers to why NXRT is poised to continue to grow going forward. The statements made herein speak only as of the date of this release and except as required by law, NXRT does not undertake any obligation to publicly update or revise any forward-looking statements. Looking at the net operating income also yields positive results as it increased from $36.7 million in Q1 2022 to $41.1 million in Q1 2023, while the portfolio grew by just one property. I wrote this article myself, and it expresses my own opinions. A replay of the conference call will also be available through Tuesday, August 8, 2023. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. In particular you may want to consider the following: 1. On July 1, 2022, the Company ceased to be an investment company under the Investment Company Act of 1940 pursuant to an order issued by the Securities and Exchange Commission. Investor RelationsKristen ThomasIR@nexpoint.com, Media RelationsProsek Partners for NexPointpro-nexpoint@prosek.com, View original content to download multimedia:https://www.prnewswire.com/news-releases/nexpoint-residential-trust-inc-announces-second-quarter-2023-earnings-conference-call-301866370.html, Plus500. The Company uses actual diluted weighted average common shares outstanding when in a dilutive position for FFO, Core FFO and AFFO. The Company plans to issue a press release with second quarter 2023 financial results before market open on Tuesday, July 25, 2023. The company pursues investments in class B multifamily real estate properties, typically with a value-add component, where we can invest significant amounts of capital to provide life-style amenities to workforce housing. A copy of a funds prospectus, which contains this and other information, is available on the funds website or by calling the shareholder services at (844) 485-9167. The conference call can be accessed live over the . Contact: Investor Relations Jackie Graham JGraham@nexpoint.com 972-419-6213 Media inquiries: JGraham@nexpoint.com NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2020 RESULTS NXRT Recaps Acquisition/Disposition Activity, Value-Add Results and Issues 2021 Full Year Guidance They are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement, including those described in greater detail in our filings with the Securities and Exchange Commission, particularly those described in our Annual Report on Form 10-K. These allocations may include first and second mortgages and subordinated, bridge, mezzanine, construction, and other loans, as well as debt securities related to or secured by multifamily real estate and common and preferred equity securities, which may include securities of other REITs or real estate companies. ET (10:00 am CT), to discuss second quarter 2023 financial results. What's particularly noteworthy is that the REIT secured improved interest rate pricing on 19 of these mortgages, a highly favorable outcome that would be challenging to replicate in today's market. Past performance does not guarantee future results. A replay of the conference call will also be available through Tuesday, August 8, 2023, by dialing 800- 770- 2030 or, for international callers, +1 647- 362- 9199 and entering passcode 5001576. DALLAS,Feb. 21, 2023/PRNewswire/ NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the fourth quarter and year endedDecember 31, 2022. Analysts Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. Cautionary Statement Regarding Forward-Looking Statements. They are on a treasure hunt for well-located middle-income multifamily properties which they classify as having "value-added" potential in the Southeastern and Southwestern United States. NEXPOINT RESIDENTIAL TRUST, INC. Management's Discussion and Analysis of Financial Condition and Results NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," 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 Southeaste. The company has maintained a 94% occupancy rate, diversified its presence, and successfully refinanced its property-level mortgages, providing strategic flexibility and a resilient balance sheet. Tuesday, July 25, 2023 After submitting your request, you will receive an activation email to the requested email address. You can contact us via our Information Request page. Net debt should not be considered an alternative to total debt, as we may not always be able to use our available cash to repay debt. Despite market volatility and financing risks, NexPoint Residential Trust's Q1 2023 results demonstrate its ability to navigate challenges and capitalize on opportunities, making it a recommended buy. FFO, Core FFO, AFFO and NOI are non-GAAP measures. Net debt is calculated by subtracting cash and cash equivalents and restricted cash held for value-add upgrades and green improvements from total debt outstanding. is a growth-oriented REIT that has a solid track record of recent success. NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that the record date for determining stockholders entitled to vote at the 2023 Annual Meeting of Stockholders (the "Annual . Our filings with the Securities and Exchange Commission (the SEC) are available on our website,nxrt.nexpoint.com, under the Financials tab. DALLAS, June 28, 2023 /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, July 25, 2023, at 11:00 a.m. We believe that the use of NOI, FFO, Core FFO, AFFO and net debt, combined with the required GAAP presentations, improves the understanding of operating results and debt levels of real estate investment trusts (REITs) among investors and makes comparisons of operating results and debt levels among such companies more meaningful. In terms of disposals, the company is doing quite well, despite the broader investment market being nearly frozen. 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. Indicates coverage ratio of Net Income(Loss)/FFO/Core FFO/AFFO per common share (diluted) over dividends declared per common share during the period. Now I would also like to mention the risks as they are important when making a decision about an investment. For Public Relations; For IR & Compliance; For Agency; For Small Business; All Products; The company specializes in the multifamily housing sector by focusing its investment efforts . Sign up to get PRNs top stories and curated news delivered to your inbox weekly! Is Investigating Chinook, DLocal, Comerica, and Advanced Auto Parts and Encourages Investors to Contact the Firm, Bragar Eagel & Squire, P.C. They provide opportunities for acquiring assets at a lower price, attracting a wide range of tenants, and yielding potential returns on investment. NXDT seeks to achieve this objective by investing among various commercial real estate property types and across the capital structure, including but not limited to mortgage debt, mezzanine debt and common and preferred equity. Tranche Update on NexPoint Residential Trust, Inc.'s Equity Buyback Plan announced on June 15, 2016. Tuesday, July 25, 2023
. How Can I Receive Email Alerts From NexPoint Diversified Real Estate Trust. Investor RelationsKristen ThomasIR@nexpoint.com, Media RelationsProsek Partners for NexPointpro-nexpoint@prosek.com, View original content to download multimedia:https://www.prnewswire.com/news-releases/nexpoint-residential-trust-inc-announces-second-quarter-2023-earnings-conference-call-301866370.html, Delayed Quote The NexPoint platform is comprised investment advisers NexPoint Advisors, L.P. and NexPoint Real Estate Advisors, L.P., a member FINRA/SIPC broker-dealer, NexPoint Securities, Inc., and a suite of related investment vehicles. The Russell indexes are reconstituted yearly in June to accurately reflect the current state of the U.S. equity market. DALLAS, Feb. 21, 2023 /PRNewswire/ NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that its board of directors approved a dividend of $0.42 per share of NXRT common stock, payable on March 31, 2023, to stockholders of record on March 15, 2023.. About NexPoint Residential Trust, Inc. NexPoint Residential Trust is a publicly traded REIT, with its shares listed on . I have no business relationship with any company whose stock is mentioned in this article. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. They have outperformed their competition historically, and I believe theyre poised to do the same going forward, especially from these lower valuation levels. NexPoint Residential Trust is a publicly traded REIT, . Please read the prospectus carefully before investing. Looking for our open positions? The terms of our 5.50% Series A Cumulative Preferred Shares provide for a quarterly dividend of $0.34375 per share. Readers should not place undue reliance on any forward-looking statements and are encouraged to review the Companys most recent Annual Report on Form 10-K and other filings with the SEC for a more complete discussion of the risks and other factors that could affect any forward-looking statements. More information about the Company is available at https://nxrt.nexpoint.com. More information about the Company is available at of Operations (form 10-Q), Transcript : NexPoint Residential Trust, Inc., Q1 2023 Earnings Call, Apr 25, 2023, NexPoint Residential Trust's Q1 AFFO Decreases Amid Revenue Increase, NexPoint Residential Trust Inc.: Q1 Earnings Snapshot, EARNINGS SUPPLEMENT: FIRST QUARTER 2023 - Form 8-K, NexPoint Residential Trust, Inc. live in class B properties. NexPoint Diversified Real Estate Trust (NXDT) is an externally advised diversified real estate investment trust (REIT), with its shares of common stock and 5.50% Series A Cumulative Preferred Shares listed on the New York Stock Exchange under the symbols NXDT and NXDT-PA, respectively. Enterprise Value is calculated as Market Capitalization as of December 31, 2022 plus Net Debt. Where Are NexPoint Diversified Real Estate Trusts Common and Preferred Shares Listed? The non-GAAP financial measures used within this presentation are net operating income (NOI), funds from operations attributable to common stockholders (FFO), FFO per diluted share, Core FFO, Core FFO per diluted share, adjusted FFO (AFFO), AFFO per diluted share and net debt. NexPoint Residential Trust, a growth-oriented REIT, has shown excellent investment potential in the multifamily housing sector, with a focus on class B properties in the Southwest and Southeast markets. This presentation contains non-GAAP financial measures. I am a business student with a passion for REIT. 2. Financing Risks: The REIT relies on debt financing for property acquisitions and ongoing operations. 86% of retail CFD accounts lose money, https://www.prnewswire.com/news-releases/nexpoint-residential-trust-inc-announces-second-quarter-2023-earnings-conference-call-301866370.html, NexPoint Residential Trust, Inc.