NEXPOINT RESIDENTIAL TRUST, INC. (NYSE:NXRT) Files An 8-K Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

Item2.03. Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement of a
Registrant.

On June14, 2017, NexPoint Residential Trust, Inc. (the Company),
through its operating partnership, NexPoint Residential Trust
Operating Partnership, L.P., entered into an interest rate swap
transaction with KeyBank National Association (the Swap). The
Company entered into the Swap to fix a portion of, and mitigate
the risk associated with, the Companys floating rate indebtedness
(without incurring substantial prepayment penalties or defeasance
costs typically associated with fixed rate indebtedness). The
Swap has an effective date of July1, 2017 and a termination date
of July1, 2022. Beginning on August1, 2017, the Company will be
required to make monthly fixed rate payments of 1.78200%
calculated on a notional amount of $100 million, while the
counterparty will be obligated to make monthly floating rate
payments based on LIBOR to the Company referencing the same
notional amount. A copy of the Swap confirmation is attached
hereto as Exhibit 10.1 and is incorporated by reference herein.

The Company has now hedged $650 million, or 99.2% of its floating
rate debt, effectively fixing 30-day LIBOR at a weighted averaged
fixed rate of 1.3388% through July 2021.

Item5.07. Submission of Matters to a Vote of Security
Holders.

On June15, 2017, the Company held its Annual Meeting of
Stockholders. All matters submitted for approval by the Companys
stockholders, as described in the Companys proxy statement on
Schedule 14A filed with the Securities and Exchange Commission on
April24, 2017, were approved. The number of shares of common
stock entitled to vote at the Companys 2017 Annual Meeting of
Stockholders was 21,043,669, representing the number of shares
outstanding as of April21, 2017, the record date for the annual
meeting.

The results of each matter voted on were as follows:

1. Election of directors. The following directors were
elected for terms expiring at the 2018 annual meeting of
stockholders:

2. Ratification of appointment of KPMG LLP as the Companys
independent registered public accounting firm for 2017. The
appointment was ratified.

Item9.01. Financial Statements and Exhibits.

(d) Exhibits.

About NEXPOINT RESIDENTIAL TRUST, INC. (NYSE:NXRT)

NexPoint Residential Trust, Inc. is an externally managed real estate investment trust (REIT). The Company’s investment 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 its stockholders through targeted management and a capex value-add program. It focuses on multifamily investments primarily located in the Southeastern and Southwestern United States. All of its business operations are conducted through NexPoint Residential Trust Operating Partnership, L.P. Its properties include The Miramar Apartments, Arbors on Forest Ridge, Cutter’s Point, Eagle Crest, Meridian, Toscana, The Grove at Alban, McMillan Place Old Farm Apartment Homes, Stone Creek at Old Farm Apartments and Dana Point. It owns approximately 40 properties consisting of over 12,960 units in approximately 10 markets. Its advisor is NexPoint Real Estate Advisors, L.P.