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NexPoint Residential Appoints New CFO Amid Leadership Shift
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NexPoint Residential Appoints New CFO Amid Leadership Shift

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NexPoint Residential ( (NXRT) ) just unveiled an announcement.

NexPoint Residential Trust has announced a leadership transition, with Paul Richards appointed as the new Chief Financial Officer and principal financial officer effective January 1, 2025, following the resignation of Brian Mitts. This change is expected to influence the company’s financial management and operations as Richards brings experience from various affiliated real estate and finance positions, potentially impacting stakeholders by aligning the company’s strategic financial direction with its broader real estate and asset management objectives.

More about NexPoint Residential

NexPoint Residential Trust, Inc. operates in the real estate investment trust (REIT) industry, focusing on multifamily properties. It is affiliated with entities like NexPoint Advisors, VineBrook Homes Trust, and NexPoint Real Estate Finance, indicating a diversified interest in real estate and asset management.

YTD Price Performance: 29.28%

Average Trading Volume: 122,984

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.08B

For detailed information about NXRT stock, go to TipRanks’ Stock Analysis page.

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