NexPoint Residential Trust has arranged for a $791 million refinancing of a 19-property multifamily portfolio, proceeds of which will be used to restructure a debt load with a hefty amount coming due in the next two years.
NexPoint Lowers Debt Interest, Extends Due Dates With $791 Million Refinancing
REIT Expects Additional Restructuring Help From Sales of Houston-Area Apartment Properties
CoStar News
November 1, 2022 | 2:35 P.M.
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IN THIS ARTICLE
- Properties
- Stone Creek at Old Farm
8585 Woodway Dr, Houston, TX
- Companies
- NexPoint Residential Trust
Real Estate