DALLAS, Sept. 30,
2024 /PRNewswire/ -- NexPoint Residential Trust, Inc.
("NXRT" or the "Company") (NYSE: NXRT) announced today that the
Company's properties did not sustain any material damages as a
result of Hurricane Helene. The Company plans to provide additional
updates in the event of a material change.
About NXRT
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. More information about
the Company is available at https://nxrt.nexpoint.com.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
that are based on management's current expectations, assumptions
and beliefs. Forward-looking statements can often be identified by
words such as "plan" and similar expressions, and variations or
negatives of these words. These forward-looking statements include,
but are not limited to, providing updates in connection with any
material damage to the Company's communities due to Hurricane
Helene. Readers should not place undue reliance on any
forward-looking statements and are encouraged to review the
Company's most recent Annual Report on Form 10-K and other filings
with the Securities and Exchange Commission for a more complete
discussion of the risks and other factors that could affect any
forward-looking statements. 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.
CONTACTS
Investor Relations
Kristen
Thomas
IR@nexpoint.com
Media Relations
Prosek Partners for NexPoint
pro-nexpoint@prosek.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/nexpoint-residential-trust-inc-provides-update-on-hurricane-helene-302263174.html
SOURCE NexPoint Residential Trust, Inc.