NexPoint Residential buys $27.2M loan for DST bridge-lending debut

NexPoint Residential Trust, Inc.

OP acquired Waterford Loan from NexBank Capital for $27.2M, funded via revolving credit facility.
Loan bears 10.00% fixed interest, matures Jan 14, 2028 with 364-day extension option.
Proceeds financed acquisition of Waterford Place, a 240-unit multifamily property in Greensboro-High Point, NC.
First deployment in DST bridge-lending program; Sponsor has originated over $4B in DST equity since 2017.
Transaction involves related parties: a director/officer holds interests in adviser and NexBank Capital.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NexPoint Residential Trust, Inc. entered into Loan Purchase and Sale Agreement with NexBank Capital, Inc. valued at $27.2 million (effective 2026-06-05).

Action: entry
Agreement: asset purchase
Counterparty: NexBank Capital, Inc.
Value: $27.2 million
Effective: 2026-06-05

Exact text from the filing

On June 5, 2026 (the “ closing date ”), NexPoint Residential Trust Operating Partnership, L.P. (the “ OP ”), the operating partnership of NexPoint Residential Trust, Inc. (the “ Company ”), entered into a Loan Purchase and Sale Agreement (the “ Purchase Agreement ”) with NexBank Capital, Inc. (“ NexBank Capital ”), pursuant to which the OP purchased for $27.2 million all of NexBank Capital’s right, title and interest in, to and under a term loan

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NexPoint Residential Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-26-020003

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