{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-022767","form_type":"8-K","ticker":"NXRT","cik":"0001620393","company_name":"NexPoint Residential Trust, Inc.","filed_at":"2025-07-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.496050+00:00","generated_at":"2026-05-18T06:15:34.540670+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"NexPoint Residential Trust enters $200M credit facility maturing 2028","bullets":["OP entered $200M revolving credit facility with JPMorgan Chase; can increase by up to $200M with lender consent.","Matures June 30, 2028; one-year extension option available upon meeting criteria and paying 0.15% fee on outstanding.","Interest on SOFR loans: SOFR + 1.50%-2.25% or base rate + 0.50%-1.25%, based on total leverage ratio.","Commitment fee of 0.20%-0.30% on unused capacity, determined by average utilization.","Facility secured by equity pledges and capital-event proceeds; guaranteed by parent company NexPoint Residential Trust, Inc."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-022767","json":"https://secwatch.observer/filing/0001437749-25-022767.json","markdown":"https://secwatch.observer/filing/0001437749-25-022767.md","text":"https://secwatch.observer/filing/0001437749-25-022767.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1620393/000143774925022767/0001437749-25-022767-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1620393/000143774925022767/nxrt20250711_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T06:15:34.540670+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a9aed7520530a0b7ee52082a57b405d860fa8176","claim":"NexPoint Residential Trust, Inc. incurred revolving credit of $200.0 million corporate revolving credit facility with J.P. Morgan Chase Bank, N.A. at daily Secured Overnight Financing Rate (\"SOFR\") plus a margin of 1.50% to 2.25% maturing June 30, 2028.","evidence_excerpt":"On July 11, 2025, NexPoint Residential Trust, Inc. (the “Company”), through its operating partnership, NexPoint Residential Trust Operating Partnership, L.P. ( the “OP”), entered into a $200.0 million corporate revolving credit facility with J.P. Morgan Chase Bank, N.A. and the lenders party thereto from time to time (the “Credit Facility”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1620393/000143774925022767/0001437749-25-022767-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$200.0 million corporate revolving credit facility"},{"label":"Counterparty","value":"J.P. Morgan Chase Bank, N.A."},{"label":"Rate","value":"daily Secured Overnight Financing Rate (\"SOFR\") plus a margin of 1.50% to 2.25%"},{"label":"Maturity","value":"June 30, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}