NexPoint Residential Trust Inc
Market Cap
730M
Short interest (May 15)
3.4%
Borrow Fee
0.35%
↓ 3.9%
Available Shares
400K
↓ 21.1%
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Company Overview
NexPoint Residential Trust Inc is a real estate investment trust company. The trust's 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 stockholders. It focuses on acquiring multifamily properties in markets with attractive job growth and household formation fundamentals predominantly in the Southeastern and Southwestern United States. The company generates revenue from the rental of multifamily properties.
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