NexPoint Residential Trust, Inc. Increases Quarterly Dividend by 10.5%
DALLAS, Oct. 25, 2022 /PRNewswire/ — NexPoint Residential Trust, Inc. (NYSE: NXRT) (“NXRT”) announced today that its board of directors unanimously approved a dividend of $0.42 per share of NXRT common stock, payable on December 30, 2022, to stockholders of record on December 15, 2022. This represents an 10.5% increase over the previous quarter’s distribution and an increase of 103.9% since inception in 2015. About NexPoint […]
NexPoint Merger Arbitrage Fund Named Best Event Driven Fund Over $1 Billion at HFM U.S. Performance Awards
DALLAS, Oct. 19, 2022 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment firm, announced today that the NexPoint Merger Arbitrage Fund (the “Fund”) won a 2022 HFM U.S. Performance Award. The Fund won in the Event Driven Over $1 Billion category. Winners were announced on October 18, 2022, at the award ceremony in New York City. A list of 2022 award winners can be found […]
NexPoint Named Among Dallas Business Journal’s Best Places to Work for 2022
DALLAS, Oct. 13, 2022 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment firm, announced today that it was included in the Dallas Business Journal’s list of Best Places to Work for 2022. NexPoint was named as a best workplace in the Medium category, which designates companies with 50-240 employees. Selections are based on an indexed score of employee responses to […]
NexPoint Withdraws Offer to Purchase Shares of United Development Funding IV (UDF IV)
DALLAS, Sept. 23, 2022 /PRNewswire/ — NexPoint Advisors, L.P., investment adviser to the NexPoint Diversified Real Estate Trust (“NXDT” and together with affiliated entities “NexPoint”), has withdrawn its offer to purchase Shares of Beneficial Interest (the “Shares”) of United Development Funding IV (“UDFI” or the “Company”). The offer, which NexPoint announced on December 14, 2020, was intended to […]
NexPoint Diversified Real Estate Trust Announces Preferred Stock Dividend
DALLAS, Sept. 23, 2022 /PRNewswire/ — NexPoint Diversified Real Estate Trust ( NYSE: NXDT) (“NXDT” or the “Company”) today announced a dividend for its 5.50% Series A Cumulative Preferred Shares ( NYSE: NXDT PR A) (“Preferred Shares”) of $0.34375 per share. The dividend will be payable on September 30, 2022, to Preferred shareholders of record at the close of business September 23, 2022. The Company previously announced the […]
United Development Funding IV (UDF IV) Advisor and Affiliates Continue to Harm Shareholders, According to NexPoint
United Development Funding IV (UDF IV) Advisor and Affiliates Continue to Harm Shareholders, According to NexPoint Hollis M. Greenlaw, Todd F. Etter, Ben L. Wissink, and Cara D. Obert improperly used shareholder assets to pay more than $65 million in legal fees and indemnification expenses NexPoint files motion to enjoin defendants from requesting […]
NexPoint Merger Arbitrage Fund Earns Spot on HFM U.S. Performance Awards Shortlist in Three Categories
DALLAS, Sept. 8, 2022 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment firm, announced today that the NexPoint Merger Arbitrage Fund (the “Fund”) was recognized on the shortlist for the HFM U.S. Performance Awards 2022. The Fund was shortlisted in three categories: Event-Driven Over $1bn, where the Fund was one of seven funds shortlisted; Merger Arbitrage, where the Fund was one of […]
NexPoint Diversified Real Estate Trust Declares Distribution
DALLAS, Sept. 7, 2022 /PRNewswire/ — NexPoint Diversified Real Estate Trust ( NYSE: NXDT) (“NXDT” or the “Company”) today announced a monthly distribution on its common stock of $0.05 per share. The distribution will be payable on September 30, 2022 to shareholders of record at the close of business September 19, 2022. Additionally, starting October 1, 2022, NXDT will begin declaring dividends on a quarterly […]
NexPoint Files Complaint to Hold UDF IV Advisors and Affiliates Accountable
Dallas, TX – August 17, 2022 – NexPoint Advisors, L.P., (together with its affiliates “NexPoint”), a Dallas-based alternative investment firm, today announced that it has filed a new complaint in Dallas District Court related to United Development Funding IV (“UDF IV”), a real estate investment trust in which NexPoint is a significant shareholder. The complaint names […]
NexPoint Distribution Team Makes Four New Hires in July
DALLAS, Aug. 15, 2022 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment firm, announced today the addition of four new sales and marketing professionals. The new hires, who joined the firm throughout the month of July, are part of an ongoing expansion of the firm’s distribution capabilities in real estate and other alternative investment offerings. NexPoint has added […]
