NexPoint Residential Trust, Inc. Provides Update On Hurricane Harvey
Get Alerts NXRT Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 7.4%
Revenue Growth %: +0.7%
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DALLAS, Sept. 5, 2017 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE: NXRT) announced today that the Company's apartment communities located in Houston, Texas are currently operational, continue to have stabilized occupancies and as of the time of this release, have sustained immaterial damage. The Company plans to provide additional updates in the event of a material change.
About NexPoint Residential Trust, Inc.
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 Southeastern and Southwestern United States. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of Highland Capital Management, L.P., a leading global alternative asset manager and an SEC-registered investment adviser. More information about NXRT is available at http://www.nexpointliving.com.
Contact:Marilynn Meek Financial Relations Board 212-827-3773
View original content:http://www.prnewswire.com/news-releases/nexpoint-residential-trust-inc-provides-update-on-hurricane-harvey-300513806.html
SOURCE NexPoint Residential Trust, Inc.
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