NexPoint Residential Trust reported a net income of $28.0 million for Q1 2020, along with $85.4 million in capital recycling activity and $31.0 million in share repurchase activity. The entire portfolio is located in markets that are already open or expected to reopen in May.
NXRT reported Net Income of $28.0M attributable to common stockholders for the quarter ended March 31, 2020.
NXRT reported FFO of $12.4M attributable to common stockholders for the quarter ended March 31, 2020.
NXRT reported Core FFO of $13.6M attributable to common stockholders for the quarter ended March 31, 2020.
NXRT reported AFFO of $15.3M attributable to common stockholders for the quarter ended March 31, 2020.
Due to uncertainties related to the COVID-19 pandemic, the Company has temporarily withdrawn its previously provided full-year 2020 guidance outlook.
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