{"id":8559,"date":"2016-08-05T10:14:55","date_gmt":"2016-08-05T14:14:55","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&#038;p=8559"},"modified":"2016-08-05T10:14:55","modified_gmt":"2016-08-05T14:14:55","slug":"nexpoint-multifamily-capital-trust-announces-first-distribution","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/nexpoint-multifamily-capital-trust-announces-first-distribution\/","title":{"rendered":"NexPoint Multifamily Capital Trust Announces First Distribution"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<h1><strong>NexPoint Multifamily Capital Trust Announces First Distribution<\/strong><\/h1>\n<p>August 5, 2016 | by Beth Glavosek | Blue Vault<\/p>\n<p><a href=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/06\/Featured-News-Image_0011_Multifamily_01.jpeg\" rel=\"attachment wp-att-8020\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8020\" src=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/06\/Featured-News-Image_0011_Multifamily_01.jpeg\" alt=\"Architectural details of modern apartment building.\" width=\"600\" height=\"392\" srcset=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/06\/Featured-News-Image_0011_Multifamily_01.jpeg 600w, https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/06\/Featured-News-Image_0011_Multifamily_01-300x196.jpeg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>Dallas-based <a href=\"http:\/\/www.nmcreit.com\">NexPoint Multifamily Capital Trust, Inc<\/a>. (NMCT) has declared its first distribution to stockholders. The daily distributions will accrue to Class-A stockholders of record as of the close of business on each day of the period from August 1, 2016 through August 31, 2016 at a rate of $0.00164 per share of Class-A common stock per day. These distributions equal an aggregate of $0.05 per share of Class-A common stock for the period from August 1, 2016 to August 31, 2016, and are payable on August 31, 2016.<\/p>\n<p>Declared effective with the SEC on August 12, 2015, NMCT is a nontraded hybrid REIT that employs both equity and preferred equity strategies. The REIT is focused on acquiring, owning, operating, and selectively developing and lending to well-located \u201ccore\u201d and \u201ccore-plus\u201d multifamily properties in large cities and suburban markets, 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.<\/p>\n<p>&nbsp;<\/p>\n<div style=\"clear:both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; NexPoint Multifamily Capital Trust Announces First Distribution August 5, 2016 | by Beth Glavosek | Blue Vault Dallas-based NexPoint Multifamily Capital Trust, Inc. (NMCT) has declared its first &hellip; <\/p>\n<p><a href=\"https:\/\/qa.bluevaultpartners.com\/nexpoint-multifamily-capital-trust-announces-first-distribution\/\" class=\"read-more\">Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":8020,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3010,2929],"tags":[],"class_list":["post-8559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-manager-news","category-nontraded-bdc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NexPoint Multifamily Capital Trust Announces First Distribution - Blue Vault<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qa.bluevaultpartners.com\/nexpoint-multifamily-capital-trust-announces-first-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NexPoint Multifamily Capital Trust Announces First Distribution - Blue Vault\" \/>\n<meta property=\"og:description\" content=\"&nbsp; &nbsp; NexPoint Multifamily Capital Trust Announces First Distribution August 5, 2016 | by Beth Glavosek | Blue Vault Dallas-based NexPoint Multifamily Capital Trust, Inc. 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