NexPoint Residential Trust, Inc. Completes the Sale of Radbourne Lake Apartment Homes
"NXRT is pleased to announce another successful 2024 disposition, as highlighted during the first quarter 2024 earnings call. Moving forward, NXRT will continue to diligently monitor the transaction and capital markets, seeking opportunities to unlock liquidity that the Company can utilize to enhance the balance sheet, repurchase shares, and/or pay off higher property-level debt, all of which would be conducive to future growth," said
About NXRT
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 "should," "continue," "will," "seek" and similar expressions, and variations or negatives of these words. These forward-looking statements include, but are not limited to, statements regarding the Company's strategic objectives, the execution of the strategic objectives, that NXRT will continue to diligently monitor the transaction and capital market activity, seeking opportunities to unlock liquidity which the Company can use to enhance the balance sheet, repurchase shares and/or pay off higher property-level debt that will be conducive to future growth and that the Company remains committed to prioritizing share repurchases. They are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statements described in our filings with the
Contact:
Investor Relations
IR@nexpoint.com
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