NexPoint Residential Trust Inc
Company Overview
NexPoint Residential Trust Inc is a publicly traded Real Estate Investment Trust (REIT) 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.
The company's strategy involves identifying locations with strong job growth, population growth, and attractive supply and demand characteristics. They aim to improve their properties through value-add programs and efficient management practices.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2024 | $53.19m | $14.39m | $-14391000.0 | $14.39m | 27.06% | 100.00% |
Company Impact
Help us evaluate NexPoint Residential Trust Inc's impact from a halal perspective. Vote on the most significant aspect and submit any considerations that we may have missed.