Name | Value |
---|---|
Revenues | 68.9M |
Cost of Revenue | 34.1M |
Gross Profit | 34.8M |
Operating Expense | 6.2M |
Operating I/L | 28.5M |
Other Income/Expense | 3.6M |
Interest Income | 0.0M |
Pretax | 40.2M |
Income Tax Expense | 21.8M |
Net Income/Loss | 18.4M |
NexPoint Residential Trust (NYSE: NXRT) is a real estate investment trust (REIT) focused on acquiring, owning, and operating middle-income multifamily properties with value-add potential in the Southeastern and Southwestern United States. The company generates revenue through the rental income from its well-located properties in large cities and suburban submarkets. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., leveraging the extensive real estate experience of its affiliate, NexPoint Advisors, L.P., an SEC-registered investment advisor.