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NexPoint Residential Trust, Inc. Provides Update on Hurricane Helene

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NexPoint Residential Trust, Inc. (NXRT) has reported that its properties were not materially impacted by Hurricane Helene. The company, which trades on the New York Stock Exchange under the ticker symbol NXRT, made this announcement on September 30, 2024. NXRT has committed to providing further updates if there are any significant changes to this situation.

NexPoint Residential Trust, Inc. (NXRT) ha riportato che le sue proprietà non sono state materialmente impattate dall uragano Helene. L'azienda, che è quotata sulla New York Stock Exchange con il simbolo NXRT, ha fatto questo annuncio il 30 settembre 2024. NXRT si è impegnata a fornire ulteriori aggiornamenti se ci saranno cambiamenti significativi in questa situazione.

NexPoint Residential Trust, Inc. (NXRT) ha reportado que sus propiedades no fueron impactadas materialmente por el Huracán Helene. La compañía, que cotiza en la Bolsa de Nueva York bajo el símbolo NXRT, hizo este anuncio el 30 de septiembre de 2024. NXRT se ha comprometido a proporcionar más actualizaciones si hay cambios significativos en esta situación.

NexPoint Residential Trust, Inc. (NXRT)허리케인 헬렌이 자사의 자산에 중대한 영향을 미치지 않았다고 보고했습니다. NXRT라는 종목 코드로 뉴욕 증권 거래소에 상장된 이 회사는 2024년 9월 30일에 이 발표를 했습니다. NXRT는 이 상황에 중요한 변화가 있을 경우 추가 업데이트를 제공하겠다고 약속했습니다.

NexPoint Residential Trust, Inc. (NXRT) a rapporté que ses propriétés n'ont pas été matériellement impactées par le ouragan Helene. La société, qui est cotée à la Bourse de New York sous le symbole NXRT, a fait cette annonce le 30 septembre 2024. NXRT s'est engagée à fournir d'autres mises à jour si des changements significatifs surviennent dans cette situation.

NexPoint Residential Trust, Inc. (NXRT) hat berichtet, dass ihre Immobilien nicht wesentlich von Hurrikan Helene betroffen waren. Das Unternehmen, das an der New York Stock Exchange unter dem Tickersymbol NXRT gehandelt wird, gab diese Ankündigung am 30. September 2024 bekannt. NXRT hat sich verpflichtet, weitere Updates bereitzustellen, falls es bedeutende Änderungen in dieser Situation gibt.

Positive
  • No material damage to company properties from Hurricane Helene
Negative
  • None.

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

Cision 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.

FAQ

How did Hurricane Helene affect NexPoint Residential Trust (NXRT) properties?

According to the company's update on September 30, 2024, NexPoint Residential Trust (NXRT) properties did not sustain any material damages as a result of Hurricane Helene.

When did NXRT provide an update on Hurricane Helene's impact?

NexPoint Residential Trust (NXRT) provided an update on Hurricane Helene's impact on September 30, 2024.

Will NXRT provide further updates on Hurricane Helene's impact?

Yes, NXRT stated that they plan to provide additional updates in the event of a material change to the situation regarding Hurricane Helene's impact.

NexPoint Residential Trust Inc

NYSE:NXRT

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979.70M
25.78M
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78.07%
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REIT - Residential
Real Estate Investment Trusts
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United States of America
DALLAS