NMCT is a non-traded hybrid REIT that employs a tactical allocation approach that utilizes both equity and preferred equity (with debt-like characteristics) strategies. Allocation between strategies is determined by where in the real estate market cycle NMCT believes markets are. NMCT is focused on acquiring, owning, operating, and selectively developing and lending to well-located "core" and "core-plus" multifamily properties in large cities and suburban markets of large cities, primarily in the Southeastern and Southwestern United States. NMCT is externally advised by NexPoint Real Estate Advisors II, L.P., an affiliate of Highland Capital Management, L.P., a leading global alternative asset manager and an SEC-registered investment adviser. More information about NMCT is available at www.nmcreit.com.
NexPoint Media Relations
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SOURCE NexPoint Multifamily Capital Trust, Inc.