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NexPoint Residential Trust, Inc. to Participate at Nareit's REITWeek: 2024 Investor Conference

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Rhea-AI Summary

NexPoint Residential Trust (NXRT) announced today that key executives, including Executive VP and Chief Investment Officer Matthew McGraner, and VPs Bonner McDermett and Sean Jacobson, will participate in Nareit's REITWeek: 2024 Investor Conference. The event will run from June 3-6 at the New York Hilton Midtown. Meeting materials will be available on NXRT's website from June 3, 2024.

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Positive

  • NXRT executives' participation in a major industry conference shows proactive investor engagement.
  • Availability of meeting materials online ensures transparency and accessibility for all investors.

Negative

  • No concrete business developments or financial results were disclosed in the announcement.
  • The press release lacks specifics on how the participation will directly benefit the company or shareholders.

News Market Reaction – NXRT

-2.12%
-2.12% Session move

In the trading session that priced this news, NXRT declined 2.12%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DALLAS, May 29, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that Matthew McGraner, NXRT's Executive VP and Chief Investment Officer, Bonner McDermett, NXRT VP, Asset Management, and Sean Jacobson, NXRT VP, Asset Management will be meeting with investors and others at Nareit's REITweek: 2024 Investor Conference, to be held June 3-6 at the New York Hilton Midtown in New York City.

A copy of the meeting materials will be posted in the Resources section of NXRT's website at nxrt.nexpoint.com on the morning of June 3, 2024.

About NXRT

NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience. More information about the Company is available at http://www.nxrt.nexpoint.com.

CONTACTS

Investor Relations
Kristen Thomas
IR@nexpoint.com

Media Relations
Prosek Partners for NexPoint
pro-nexpoint@prosek.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nexpoint-residential-trust-inc-to-participate-at-nareits-reitweek-2024-investor-conference-302157599.html

SOURCE NexPoint Residential Trust, Inc.

FAQ

What event will NXRT executives attend in June 2024?

NXRT executives will attend Nareit's REITWeek: 2024 Investor Conference from June 3-6.

Where can I find the meeting materials for NXRT's participation in REITWeek 2024?

Meeting materials will be posted on NXRT's website on June 3, 2024.

Who are the NXRT executives attending REITWeek 2024?

Matthew McGraner, Executive VP and CIO; Bonner McDermett, VP Asset Management; and Sean Jacobson, VP Asset Management.