NexPoint Residential Trust Inc

FRA:5O4 (USA)  
€ 30.40 (+0.66%) Apr 25
33.59
P/B:
1.71
Market Cap:
€ 791.38M ($ 846.76M)
Enterprise V:
€ 2.16B ($ 2.31B)
Volume:
-
Avg Vol (2M):
-
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Business Description

NexPoint Residential Trust Inc
NAICS : 531390 SIC : 6798
ISIN : US65341D1028
Description
NexPoint Residential Trust Inc is a real estate investment trust company. Its 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. The company seeks to achieve these objectives through targeted management and a capex value-add program. 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.