NexPoint Real Estate Advisors Chief Financial Officer Brian Mitts to Retire at Year End
Paul Richards Named Successor DALLAS, Nov. 14, 2024 /PRNewswire/ — NexPoint Real Estate Advisors, L.P. (“NREA” and together with its affiliates “NexPoint”), announced today that Brian Mitts is stepping away from his day-to-day role at NexPoint and resigning from all positions with NexPoint, including Chief Financial Officer, effective December 31, 2024. NREA has named Paul Richards as his successor. “Brian has been […]
Texas Research Quarter Receives City of Plano Approval for Development Agreement Supporting Life Sciences Real Estate Project
City Council Approval Marks Key Step Toward a Public-Private Partnership to Establish Plano as a Major Hub for Life Science PLANO, Texas, Aug. 27, 2024 /PRNewswire/ — The Texas Research Quarter (TRQ), a life science focused innovation district planned in Plano, Texas, announced today that the Plano City Council has approved a development agreement to support the TRQ […]
Investment Opportunity in Orlando Small Bay Industrial Properties Opens Up
“Dallas-based NexPoint launched a Delaware statutory trust — an instrument that allows investors to claim a stake in the passive income of properties —encapsulating both the Lakefront Business Park on Chancellor Drive in Orlando and BaySpace Belle at 1200-1270 Belle Ave., Winter Springs” Quote by Jared Bonshire, an executive managing director at broker Cushman & […]
NexPoint Launches Second Small Bay DST Offering with Two Orlando-Area Flexible Industrial Properties
DALLAS, July 18, 2024 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment firm, today announced the launch of NexPoint Small Bay II DST, a Delaware statutory trust (“DST”) offering comprised of two strategically located and configured Small Bay industrial properties in the Orlando–Kissimmee–Sanford metropolitan statistical area (“MSA”). The offering, sized at just under $39 million, adds an additional 378,929 square feet of multi-tenant warehousing […]
NexPoint Launches Self-Storage DST Offering with Class-A Properties in Maryland and Florida
NexPoint Storage V Offering Includes Two Class-A, Generation-V Storage Facilities in Baltimore MSA and Fort Myers/Cape Coral MSA DALLAS, June 17, 2024 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment firm, recently announced the launch of NexPoint Storage V DST, a Delaware Statutory Trust (“DST”) offering. The offering includes two Generation-V (“GenV”), Class-A storage facilities located in Cape Coral, Florida, and Dundalk, […]
NexPoint Launches Life Sciences III DST Offering for CDMO Manufacturing Property in Minnesota
DALLAS, Jan. 16, 2024 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment firm1, announced the launch of NexPoint Life Sciences III DST, a Delaware Statutory Trust (the “DST”), which acquired a life sciences industrial manufacturing property in Woodbury, Minnesota (the “Property”)2. The DST seeks to raise approximately $31 million through the offering. The investment reinforces NexPoint’s commitment to life sciences real estate, which continues […]
200-acre life sciences hub set for Legacy Business Park
Community Impact recently highlighted plans for the Texas Research Quarter, NexPoint’s proposed life sciences development in Plano, Texas, and its potential to be a catalyst for research and innovation in North Texas. “Life sciences hubs, such as the Texas Research Quarter, will include the capacity to research and manufacture therapies within the same campus. This […]
NexPoint Launches NexPoint Semiconductor Manufacturing DST Offering
DALLAS, October 19, 2023 /PRNewswire/ — NexPoint, an alternative investment firm with $16.6 billion in assets under management, today announced the launch (the “Offering”) of NexPoint Semiconductor Manufacturing DST (the “Trust”), a Delaware Statutory Trust (“DST”) that owns a semiconductor manufacturing property in Temecula, California (the “Property”). The current tenant of the Property, Skorpios Technologies Inc. (the “Tenant”), is engaged in both […]
NexPoint Announces Co-investment in NexPoint Life Sciences II DST, Continuing Commitment to Life Sciences with a Focus on CDMOs and cGMP Facilities
DALLAS, Sept. 12, 2023 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment platform, announces it has made an initial investment in NexPoint Life Sciences II DST, a Delaware statutory trust (DST), through a fund advised by its affiliate. The investment represents 6% of the total equity available. NexPoint plans to increase the investment size, ultimately targeting 10%-12% of the total equity […]
NexPoint’s Life Sciences Project in Plano, Texas Renamed Texas Research Quarter
DALLAS, May 18, 2023 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment firm, today announced that its cutting-edge life sciences real estate project known as the “TxS District,” a proposed 200-acre development in Plano, Texas, has been renamed the “Texas Research Quarter.” Originally signifying “Technology x Science,” the new Texas Research Quarter (“TRQ”) name was chosen to better reflect […]