NexPoint Fully Subscribes $46 Million Multifamily DST Offering
NexPoint, an alternative investment firm based in Dallas, Texas, has fully subscribed its NexPoint Oasis DST offering. The Delaware statutory trust (DST) raised approximately $46.3 million through the company's 1031 exchange platform for a Class A multifamily property called Oasis at Shingle Creek located in Kissimmee, Florida. Developed in 2018 and featuring resort-style amenities, this garden-style community benefits from strong population growth and sustained demand due to its location in one of the fastest-growing U.S. metropolitan areas. The successful subscription highlights continued investor interest in high-quality multifamily assets with solid long-term fundamentals. Matt McGraner, CIO at NexPoint, noted that investors were drawn to the property's quality, location, and favorable demographic trends. This achievement supports the growth of NexPoint’s DST and 1031 exchange platform across multiple sectors such as self-storage, life sciences, industrial, hospitality, marinas, and energy. NexPoint offers institutional-quality real estate investments through tax-advantaged structures to accredited investors. The firm operates in three major areas: real estate, corporate credit and equities, and retirement solutions.
Topics: 1031 exchange platform DST offering multifamily real estate