Business
NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FIRST QUARTER 2026 RESULTS
NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the first quarter ended March 31, 2026.
About this update from Nexpoint Residential Trust, Inc.
[{"type":"text","content":"NXRT Recaps Value-Add Results, Tames Expense Growth and Pays Down $33.0 Million on Credit Facility","length":98,"tagName":"p","attribs":{}},{"type":"text","content":"DALLAS, April 28, 2026 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) reported financial results for the first quarter ended March 31, 2026.","length":154,"tagName":"p"},{"type":"image","alt":"NXRT Earnings Supplement","displaySize":"","headline":null,"caption":"NXRT Earnings Supplement","className":"","disableSlideshowImg":false,"size":{"original":{"width":155,"height":200,"url":"https://media.zenfs.com/en/prnewswire.com/2f5ac8f3a3fab6c570804bdb9c477b33"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/yMDoNmHk4liP4zY2ndpxmg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTI3MQ--/https://media.zenfs.com/en/prnewswire.com/2f5ac8f3a3fab6c570804bdb9c477b33","width":155,"height":200}},"href":"https://mma.prnewswire.com/media/2967446/NXRT_Q1_2026_Earnings_Supplement_FINAL.pdf?p=original","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"NXRT1 reported net loss, FFO2, Core FFO2 and AFFO2 of $6.8M, $17.4M, $17.3M and $19.6M, respectively, attributable to common stockholders for the quarter ended March 31, 2026, compared to net loss, FFO, Core FFO, and AFFO of $6.9M, $17.4M, $19.1M and $21.6M, respectively, attributable to common stockholders for the quarter ended March 31, 2025.","length":346,"tagName":"p"}]},{"val":[{"type":"text","content":"For the three months ended March 31, 2026, Q1 Same Store properties3 total revenue, NOI2 , average effective rent, and occupancy decreased 2.2%, 2.7%, 0.9% and 80 bps, respectively, over the prior year period.","length":209,"tagName":"p"}]},{"val":[{"type":"text","content":"The weighted average effective monthly rent per unit across all 36 properties held as of March 31, 2026 (the "Portfolio"), consisting of 13,304 units4, was $1,485, while physical occupancy was 93.5%.","length":209,"tagName":"p"}]},{"val":[{"type":"text","content":"NXRT paid a first quarter dividend of $0.53 per share of common stock on March 31, 2026 to stockholders of record on March 13, 2026.","length":132,"tagName":"p"}]},{"val":[{"type":"text","content":"On February 3, 2026, NXRT used proceeds from a new mortgage note secured by Sedona ...