PR Newswire | Aug 27, 2020 04:30PM EDT

08/27 15:30 CDT

NexPoint Residential Trust, Inc. Provides Update on Hurricane Laura DALLAS, Aug. 27, 2020

DALLAS, Aug. 27, 2020 /PRNewswire/ -- NexPoint Residential Trust, Inc. (NYSE:NXRT) announced today that the Company's apartment communities located in the Houston, TX area, did not sustain any material damage as a result of Hurricane Laura. The Company plans to provide additional updates in the event of a material change.

About NXRTNexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States. NXRT is externally advised by NexPoint Real Estate Advisors, L.P., an affiliate of NexPoint Advisors, L.P., an SEC-registered investment advisor, which has extensive real estate experience.

Contact:Jackie GrahamInvestor Relations972-628-4024JGraham@nexpointadvisors.com

Media InquiriesMediaRelations@nexpointadvisors.com

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SOURCE NexPoint Residential Trust, Inc.