NexPoint Residential Trust, Inc. Provides Update on Nashville Tornadoes
PR Newswire
DALLAS, March 3, 2020 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) announced today that the Company's apartment communities located in the Nashville, TN area, continue to have stabilized occupancies and as of the time of this release, have not sustained any material damage as a result of last night's tornadoes. The Company plans to provide additional updates in the event of a material change.
About NexPoint Residential Trust 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 NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience.
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