Every material Form 8-K NexPoint Residential Trust has filed with the SEC since October 04, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
NexPoint Residential Trust reported a wider third-quarter 2026 net loss and lower per-share Core FFO than a year earlier, while total revenues rose. The company also cut its 2026 guidance midpoints for Core FFO per diluted share and Same Store NOI, which lowers the outlook for shareholders.
Total revenues were $64.5 million for Q3 2026, up from $62.8 million; net loss attributable to common stockholders was $11.5 million, or $0.45 per diluted share, versus $7.8 million, or $0.31, in Q3 2025.
Core FFO was $0.52 per diluted share for Q3 2026, down from $0.70 a year earlier; Q3 Same Store NOI decreased 8.2% to $35.6 million.
2026 Core FFO per diluted share guidance midpoint was revised to $2.22 from $2.45; Same Store NOI growth midpoint was revised to -4.3% from -1.0%.
On October 26, 2026, the board authorized share repurchases of up to $150.0 million through October 26, 2028, and approved a $0.53 quarterly dividend payable December 31, 2026.
NexPoint Residential Trust reported a second-quarter 2026 net loss of $8.6 million, or $0.34 per diluted share, compared with $7.0 million, or $0.28, a year earlier, while total revenues rose to $64.6 million from $63.1 million. The company also lowered the midpoints of its 2026 guidance, with Core FFO per diluted share now $2.45 versus $2.57 previously and the loss per share midpoint now $(1.54) versus $(1.40), which points to lower expected per-share results for shareholders this year.
Q2 2026 FFO was $15.2 million ($0.60 per diluted share) versus $16.9 million ($0.67) in Q2 2025; Core FFO was $16.9 million ($0.66) versus $18.0 million ($0.71)
Full-year 2026 Core FFO per diluted share guidance midpoint lowered to $2.45 from $2.57; loss per diluted share midpoint widened to $(1.54) from $(1.40)
Full-year 2026 Same Store NOI guidance midpoint is -1.0%, down from -0.5% previously
Q2 Same Store NOI decreased 2.9% to $36.9 million; a $0.53 per share dividend was declared for the third quarter, payable September 30, 2026
On June 5, 2026, the company's operating partnership bought the Waterford Loan from NexBank Capital for $27.2 million, funded with borrowings under its revolving credit facility. The loan is a 10.00% fixed-rate term loan tied to the acquisition of a 240-unit multifamily property in North Carolina, and it marks the company's first deployment in its DST bridge-lending program. Because a director and officer of the company has ties to NexBank Capital and to the external adviser, the deal is a related-party transaction.
Purchase price of $27.2 million equal to outstanding principal plus accrued interest, funded through the revolving credit facility with JPMorgan Chase Bank, N.A.
Fixed interest rate of 10.00% per year, compounded monthly, with a stated maturity of January 14, 2028 and a 364-day extension option.
Loan bought without recourse except for breaches of representations; NexBank Capital must repurchase it if a material breach is not cured within 30 days, and claims survive 360 days.
A director and officer is a director of NexBank Capital and is linked to the parent of the external adviser, NexPoint Real Estate Advisors, L.P.
NexPoint Residential Trust reported first-quarter 2026 results with total revenue of $63.5 million, up from $63.2 million a year earlier, and a net loss of $6.8 million, or $0.27 per diluted share, roughly flat with the prior year. Core FFO and AFFO both declined year over year, and Same Store NOI fell 2.7%, while the company reaffirmed its 2026 guidance ranges.
Total revenues were $63.5 million for Q1 2026, compared with $63.2 million for Q1 2025.
Net loss attributable to common stockholders was $6.8 million, or $0.27 per diluted share, versus $6.9 million, or $0.27, in Q1 2025.
Core FFO was $17.3 million, or $0.68 per diluted share, versus $19.1 million, or $0.75; AFFO was $19.6 million versus $21.6 million.
The company reaffirmed 2026 guidance, including Core FFO per diluted share of $2.42 to $2.71, and declared a Q2 2026 dividend of $0.53 per share payable June 30, 2026.
NexPoint Residential Trust reported a 2025 net loss attributable to common stockholders of $32.0 million, or $1.26 per diluted share, compared with net income of $1.1 million in 2024, as full-year revenue fell to $251.3 million from $259.7 million. It also issued initial 2026 guidance for a net loss of $1.26 to $1.54 per diluted share and Core FFO of $2.42 to $2.71 per diluted share, against $2.79 in 2025, which points to lower Core FFO for shareholders if the guidance holds.
Full-year 2025 net loss attributable to common stockholders was $32.0 million, or $1.26 per diluted share, versus net income of $1.1 million, or $0.04 per share, in 2024.
Total revenues were $251.3 million for 2025 versus $259.7 million in 2024; fourth-quarter revenues were $62.1 million versus $63.8 million.
Fourth-quarter 2025 net loss was $10.3 million, or $0.41 per share, versus $26.9 million, or $1.06 per share, a year earlier; Core FFO was $0.65 per diluted share versus $0.68.
2026 initial guidance: loss of $1.26 to $1.54 per diluted share and Core FFO of $2.42 to $2.71 per diluted share; Same Store NOI growth of -2.5% to 1.5%.
NexPoint Residential Trust reported third-quarter 2025 results on October 28, 2025. Total revenues fell to $62.8 million from $64.1 million, while the net loss narrowed to $7.8 million from $8.9 million and Core FFO per diluted share rose to $0.70 from $0.69. The company affirmed its 2025 guidance for Core FFO and earnings per diluted share and approved a higher quarterly dividend of $0.53 per share.
Total revenues were $62.8 million for Q3 2025, compared with $64.1 million for Q3 2024.
Net loss attributable to common stockholders was $7.8 million, or $(0.31) per diluted share, compared with $8.9 million, or $(0.35), a year earlier.
Core FFO was $0.70 per diluted share versus $0.69, and AFFO was $0.80 versus $0.79.
On October 27, 2025, the board approved a quarterly dividend of $0.53 per share, a 3.9% increase, payable December 31, 2025 to holders of record on December 15, 2025.
NexPoint Residential Trust reported a second-quarter 2025 net loss of $7.0 million, or $(0.28) per diluted share, compared with net income of $10.6 million a year earlier. The company cited a decrease in gains on sales of real estate of $18.7 million, and total revenues fell to $63.1 million from $64.2 million. The midpoint of its full-year 2025 loss per share guidance moved to $(1.31) from $(1.22), while the Core FFO per share guidance midpoint of $2.75 was affirmed, so shareholders face weaker GAAP results and a larger expected loss, although Core FFO and AFFO per share rose slightly.
Q2 2025 net loss of $7.0 million, or $(0.28) per diluted share, versus net income of $10.6 million, or $0.40, in Q2 2024
Total revenues of $63.1 million versus $64.2 million a year earlier; Q2 Same Store NOI decreased 1.1% to $38.0 million
Full-year 2025 loss per diluted share guidance midpoint revised to $(1.31) from $(1.22); Core FFO guidance midpoint of $2.75 affirmed
Q2 Core FFO of $0.71 per diluted share versus $0.69; the company repurchased 223,109 shares for $7.6 million
NexPoint Residential Trust, through its operating partnership, entered into a $200.0 million corporate revolving credit facility with J.P. Morgan Chase Bank, N.A. and other lenders on July 11, 2025. The facility can be increased by up to an additional $200.0 million if lenders agree, and it adds borrowing capacity with covenants shareholders should note, including a maximum total leverage ratio and payout ratio.
Facility size is $200.0 million, with an optional increase of up to an additional $200.0 million subject to lender agreement.
Matures June 30, 2028, with a one-year extension option for a fee of 0.15% of amounts outstanding.
Interest is priced at SOFR plus 1.50% to 2.25% or a base rate plus 0.50% to 1.25%, based on total leverage; unused capacity carries a 0.20% or 0.30% commitment fee.
Obligations are guaranteed by the Company and, subject to exceptions, secured by equity offering proceeds and pledges of subsidiary equity; Raymond James, a lender, is also a sales agent under the Company's at-the-market offering program.
At its May 20, 2025 annual meeting, NexPoint Residential Trust stockholders approved the 2025 Long Term Incentive Plan and the other matters on the ballot, including the advisory say-on-pay vote and the KPMG LLP auditor ratification. Director James Dondero received more votes withheld than for, so under the company's majority voting policy he tendered a conditional resignation, and the board must decide within 90 days whether to accept it.
2025 LTIP approved: 18,716,258 votes for, 1,081,993 against and 21,950 abstentions.
James Dondero received 9,787,340 votes for and 10,032,861 withheld; his conditional resignation is pending board action within 90 days of certification.
KPMG LLP ratified as independent registered public accounting firm for 2025: 21,900,535 for and 531,027 against.
25,534,466 shares were entitled to vote, as of the March 24, 2025 record date.
NexPoint Residential Trust reported a first quarter 2025 net loss attributable to common stockholders of $6.9 million, or $0.27 per diluted share, compared with net income of $26.3 million, or $1.00 per diluted share, a year earlier. The prior-year result included a $31.7 million gain on sales of real estate, and total revenues fell to $63.2 million from $67.6 million. The company raised the midpoint of its 2025 Core FFO per diluted share guidance to $2.75 from $2.70, while the midpoint of its full-year loss per diluted share guidance moved to $(1.22) from $(1.19).
Q1 2025 net loss attributable to common stockholders was $(6.9) million, or $(0.27) per diluted share, versus net income of $26.3 million, or $1.00 per diluted share, in Q1 2024
Total revenues were $63.2 million versus $67.6 million; FFO was $17.4 million ($0.68 per diluted share) versus $18.9 million; Core FFO was $19.1 million ($0.75 per diluted share) versus $19.4 million ($0.74)
2025 Core FFO per diluted share guidance midpoint raised to $2.75 from $2.70; loss per diluted share guidance midpoint set at $(1.22) versus a prior $(1.19)
Board approved a quarterly dividend of $0.51 per share on April 28, 2025, payable June 30, 2025
NexPoint Residential Trust reported fourth-quarter 2024 net loss attributable to common stockholders of $26.9 million, or $1.06 per diluted share, compared with net income of $18.4 million, or $0.70 per share, a year earlier. The company also issued initial 2025 guidance calling for a full-year loss of $1.05 to $1.33 per diluted share and Core FFO of $2.56 to $2.83 per diluted share, which shareholders should weigh against 2024 results of $0.04 per share in earnings and $2.79 per share in Core FFO.
Q4 2024 total revenues were $63.8 million, down from $68.9 million in Q4 2023; Q4 FFO was a loss of $6.5 million, or $0.25 per diluted share.
Full-year 2024 net income attributable to common stockholders was $1.1 million, or $0.04 per diluted share, versus $44.3 million, or $1.69 per diluted share, in 2023.
2025 guidance: earnings per diluted share of $(1.33) to $(1.05); Core FFO per diluted share of $2.56 to $2.83, with a midpoint of $2.70 versus $2.79 in 2024.
Same Store NOI guidance for 2025 ranges from -3.5% to 0.5%, with a midpoint of -1.5%.
NexPoint Residential Trust said CFO Brian Mitts is resigning from his finance roles effective 11:59 p.m. Central Time on December 31, 2024. The Board appointed Paul Richards as CFO and David Willmore as Chief Accounting Officer, both effective 12:00 a.m. Central Time on January 1, 2025, so shareholders will see a change in the company's senior finance leadership. The filing does not state a reason for the resignation.
Brian Mitts resigns as CFO, Executive VP-Finance, Secretary and Treasurer, effective 11:59 p.m. Central Time, December 31, 2024.
Paul Richards, 36, becomes CFO, Executive VP-Finance, Treasurer and Assistant Secretary, and principal financial and accounting officer, effective 12:00 a.m. Central Time, January 1, 2025.
David Willmore becomes Chief Accounting Officer, Assistant Treasurer and Assistant Secretary, effective 12:00 a.m. Central Time, January 1, 2025.
Richards has been CFO of VineBrook Homes Trust, Inc. since August 2024; the filing states he has no material interest in related-person transactions requiring disclosure.
On November 26, 2024, NexPoint Residential Trust refinanced the debt on 17 apartment properties through 17 new loan agreements with J.P. Morgan Chase Bank, totaling $655.88 million in principal. The loans are floating-rate, carry a 7-year term maturing December 1, 2031, and are secured by mortgages on each property, with the debt non-recourse to the company. The filing does not state the effect of the refinancing on earnings or cash flow.
Total principal across 17 loans is $655.88 million, closed November 26, 2024.
Loans are floating-rate at SOFR plus a 1.09% margin, with a 5.68% interest rate shown in the filing and an 84-month term maturing December 1, 2031.
30-day average SOFR was 4.69% as of November 25, 2024.
Debt is non-recourse to the company and secured by mortgages on each property.
NexPoint Residential Trust said CFO Brian Mitts resigned effective December 31, 2024, and will remain on the board. Paul Richards, 36, will become CFO and David Willmore, 39, Chief Accounting Officer, both effective January 1, 2025, a planned leadership transition under a separation agreement that sets payments and equity award changes for Mitts.
Brian Mitts resigned as CFO, Executive VP-Finance, Secretary and Treasurer effective 11:59 p.m. Central Time on December 31, 2024, and continues as a director
Paul Richards appointed CFO, Executive VP-Finance, Treasurer and Assistant Secretary effective January 1, 2025
David Willmore appointed Chief Accounting Officer, Assistant Treasurer and Assistant Secretary effective January 1, 2025
Adviser NREA will pay Mitts two $200,000 separation payments, on February 28, 2025 and August 29, 2025
NexPoint Residential Trust reported a third-quarter 2024 net loss of $8.9 million, or $(0.35) per diluted share, compared with net income of $33.7 million, or $1.28 per share, a year earlier, as total revenues fell to $64.1 million from $69.8 million. The company raised its full-year 2024 Core FFO per diluted share guidance midpoint to $2.78 from $2.72 and its earnings per share guidance midpoint to $0.03 from $(1.15), and its board approved a 10.3% dividend increase and a $100 million buyback.
Q3 2024 net loss of $8.9 million, or $(0.35) per diluted share, versus net income of $33.7 million, or $1.28 per share, in Q3 2023; the change primarily reflects a $43.1 million decrease in gain on sales of real estate
Total revenues of $64.1 million in Q3 2024, down from $69.8 million; Q3 Same Store NOI decreased 2.4% to $37.5 million
Full-year 2024 Core FFO per diluted share guidance midpoint raised to $2.78 from $2.72; earnings per diluted share guidance midpoint raised to $0.03 from $(1.15)
On October 28, 2024, the board approved a quarterly dividend of $0.51 per share, a 10.3% increase, and authorized repurchase of up to $100 million of common stock through October 28, 2026
On October 1, 2024, NexPoint Residential Trust refinanced existing debt on 17 multifamily properties through 17 new loans from J.P. Morgan Chase Bank and Freddie Mac, totaling $813.5 million in principal. The loans are non-recourse to the company, carry floating rates of 30-day average SOFR plus 109 basis points (6.25% as of the filing), are interest-only, and mature on September 30, 2031.
Total outstanding principal across the 17 loans is $813.5 million; Avant at Pembroke Pines is the largest at $248.2 million.
Each loan has a 84-month term, interest-only payments for the full term, and an interest rate of 6.25%, based on 30-day average SOFR of 5.16% as of October 1, 2024, plus 109 basis points.
Each loan carries an interest rate cap with a maximum strike between 8.16% and 8.91%, which the filing describes as a requirement of the financing.
The loans are secured by mortgages on each property and maturity is September 30, 2031.
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