10 Best Residential REITs to Buy in 2025

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9. NexPoint Residential Trust, Inc. (NYSE:NXRT)

Number of Hedge Fund Holders: 14

NexPoint Residential Trust, Inc. (NYSE:NXRT) is one of the best residential REITs to buy. On July 16, NexPoint Residential announced that it has completed the restructuring of its corporate revolving credit facility in partnership with JPMorgan Chase, Raymond James, RBC, and Synovus.

The new credit facility will mature in June 2028, but the company has the option to extend it until June 2029. The interest rate will be based on the term Secured Overnight Financing Rate (SOFR), with an added 150 to 225 basis points depending on the company’s total leverage ratio each quarter.

The credit facility is backed by ownership shares in partner companies that hold mortgaged properties, along with money raised from equity sales and other financial events. The company said it plans to use the facility for things like tax-friendly acquisitions, working capital, and general business needs. There was no debt remaining on the old facility.

Matt McGraner, Chief Investment Officer, commented:

“Our new credit agreement provides us with the flexibility to take advantage of new opportunities to drive growth and performance in improving fundamental and investment markets,”

NexPoint Residential Trust, Inc. (NYSE:NXRT) is a public REIT that focuses on buying and managing middle-income apartment properties with potential for upgrades. These properties are mainly in big cities and surrounding areas in the Southeastern and Southwestern United States.

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