NEXPOINT RESIDENTIAL TRUST, INC. (NYSE:NXRT) Files An 8-K Entry into a Material Definitive AgreementItem 1.01.
On February12, 2018, the board of directors, including all of the disinterested directors, of NexPoint Residential Trust, Inc. (the “Company”) unanimously approved an extension of the Company’s Advisory Agreement (the “Advisory Agreement”) dated March16, 2015, by and among the Company, NexPoint Residential Trust Operating Partnership, L.P. and NexPoint Real Estate Advisors, L.P., as amended on June15, 2016, for an additional one-year term to the terms of the Advisory Agreement. The new term will expire on March16, 2019.
|Item 1.01.||Results of Operations and Financial Condition.|
The following information is intended to be furnished under Item 1.01 of Form 8-K, “Results of Operations and Financial Condition.” This information shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date of this report, regardless of any general incorporation language in the filing. In a press release dated February13, 2018, the Company announced financial results for the Company’s fiscal year and fourth quarter ended December31, 2017. The full text of the press release is furnished herewith as Exhibit 99.1 to this report.
|Item 1.01.||Financial Statements and Exhibits.|
NexPoint Residential Trust, Inc. ExhibitEX-99.1 2 d536549dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Marilynn Meek Financial Relations Board 212-827-3773 NEXPOINT RESIDENTIAL TRUST,…To view the full exhibit click
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.