NexPoint Residential Trust, Inc (“NXRT”) is an externally advised, publicly traded, Real Estate Investment Trust (REIT), focused on the acquisition, asset management, and disposition of multifamily assets, located primarily in the Southeast United States and Texas. The company pursues investments in class A and B multifamily real estate property, typically with a value-add component, where we can invest significant amounts of capital to provide “life style” amenities to “work force” housing. Our value-add strategy seeks to provide a nicer home to our residents, while maximizing returns for our shareholders.
NXRT is externally advised by NexPoint Real Estate Advisors, L.P. an affiliate of Highland Capital Management, L.P. (“Highland”).
Highland is an SEC-registered investment adviser which, together with its affiliates, has approximately $19.5 billion in assets under management as of September 30, 2015. Highland is one of the largest and most experienced global alternative credit and equity managers. The firm specializes in strategies such as credit hedge funds, long only funds and separate account, distressed-for-control private equity, collateralized loan obligations, mutual funds, closed-end funds, ETFs and non-traded products. Highland also offers alternative investments, including emerging markets, long/short equities, real estate and natural resources. The members of Highland’s real estate team, both during their tenure at Highland and in their previous roles before joining Highland, have a long history of investing in real estate and debt related to real estate properties.