NXRT - Does Nexpoint Residential Trust's Growth Story Still Have Legs?
Nexpoint Residential Trust (NXRT) has generated strong growth and shareholder returns over the past three years due to successful execution of its pure-play value add strategy in Class B/workforce multifamily housing as well as the significant sector tailwinds. Current trends within the sector imply further growth is in store. However, thanks to inflation and material costs impacts from the Chinese trade war, rehabbing costs are on the rise while compressing multifamily cap rates are also dampening returns on investment.
NXRT believes they can continue to generate growth by executing their business model within