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NexPoint Residential Trust, Inc. Reports First Quarter 2017 Results

May 02, 2017 - PR Newswire

NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the quarter ended March 31, 2017.

First Quarter 2017 Highlights

NXRT paid a first quarter dividend of $0.220 per share of NXRT common stock on March 31, 2017.NXRT reported Net Income (Loss), FFO1, Core FFO1 and AFFO1 of ($3.6M), $8.0M, $8.1M and $9.1M, respectively, attributable to common stockholders.Same Store average rent, total revenue and NOI1 increased 5.3%, 7.3%, and 8.4%, respectively.During the first...