{"id":7943,"date":"2024-12-17T10:25:58","date_gmt":"2024-12-17T10:25:58","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=7943"},"modified":"2025-01-08T10:48:02","modified_gmt":"2025-01-08T10:48:02","slug":"nexpoint-fully-subscribes-46-million-self-storage-dst-a-delaware-statutory-trust-which-includes-self-storage-properties-in-the-united-states","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/nexpoint-fully-subscribes-46-million-self-storage-dst-a-delaware-statutory-trust-which-includes-self-storage-properties-in-the-united-states\/","title":{"rendered":"NexPoint Fully Subscribes $46 Million Self-Storage DST (a Delaware Statutory Trust) which Includes Self-Storage Properties in the United States"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"aligncenter\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcTAAMq5JzWNyJrhITCY6v7Sn6pflwcHrjSB5A&amp;s\" alt=\"Funds Offered by NexPoint's Investment Platform\" width=\"755\" height=\"108\" \/><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">NexPoint, a multibillion-dollar alternative investment firm, today announced that it has fully subscribed its NexPoint Storage V <\/span><\/span><a href=\"https:\/\/www.nexpoint.com\/dsts-1031-exchange\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><u><b>DST<\/b><\/u><\/span><\/span><\/a><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">, a Delaware Statutory Trust (&#8220;DST&#8221;) offering. The offering has reached its total goal of $46 million in equity raised since its launch in June.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">NexPoint Storage V includes two GenerationV (&#8220;GenV&#8221;), Class-A storage facilities located in Cape Coral, Florida, and Dundalk, Maryland. Both properties are managed by Extra Space Storage, a leading third-party manager of self-storage properties in the United States.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">The properties benefit from being accessible to high-growth metropolitan statistical areas, some of which have exhibited above-average population and job growth over the last five years. The Class-A assets include the amenities and characteristics of GenV storage facilities including all climate-controlled units in one self-contained multi-story building and are located in desirable neighborhoods.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">&#8220;We continue to see positive growth and opportunity in the self-storage sector and are grateful to our partners who helped fully subscribe our fifth self-storage offering and bring that opportunity to investors,&#8221; said Matt McGraner, NexPoint Chief Investment Officer and Executive Vice President of the DST Sponsor. &#8220;With the strong demand for these specialized, modern assets, we are excited to continue to provide access to this segment of the self-storage sector.&#8221;<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">NexPoint&#8217;s self-storage platform was developed from the ground up by entrepreneurial developers with substantial experience selecting, acquiring, and entitling sites for self-storage development. Today the platform is comprised of an investment portfolio, including wholly-owned and managed vehicles and DSTs, valued in excess of nearly $2.0 billion.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><b>About NexPoint<\/b><\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">NexPoint is a multibillion-dollar alternative investment firm based in Dallas, Texas. The firm is structured around three major business areas: real estate, corporate credit and equities, and insurance solutions. NexPoint&#8217;s businesses span asset classes, industries, and strategies, providing the flexibility to invest across capital structures and market environments. Serving a diverse client base, NexPoint&#8217;s investment strategies are offered in a range of vehicles and fund structures, including mutual funds, public and private REITs, tax-advantaged vehicles, private funds, and separate accounts. For more information, visit <\/span><\/span><a href=\"https:\/\/www.nexpoint.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><u><b>nexpoint.com<\/b><\/u><\/span><\/span><\/a><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><b>Important Disclosures<\/b><\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Only Accredited Investors who meet certain minimum requirements may invest. Investing in Delaware Statutory Trust interests involves a high degree of risk and is not suitable for all investors. An investment in an Interest is highly speculative, illiquid and involves substantial risk including the potential loss of your entire investment. Past performance does not guarantee future results. Before investing, please review the applicable offering materials, including NexPoint Storage V DST&#8217;s Private Placement Memorandum dated June 7, 2024, as amended or supplemented from time to time, including the &#8220;Risk Factors.&#8221;<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Securities offered through NexPoint Securities, Inc. Member FINRA\/ SIPC<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><u><b>Contacts<\/b><\/u><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">:<\/p>\n<p><\/span><\/span><\/span><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><i><u>Investor Relations<\/u><\/i><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><i>:<br \/>\n<\/i><\/span><\/span><\/span><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><b>Kristen Griffith<br \/>\n<\/b><\/span><\/span><\/span><span style=\"font-size: medium;\"><a href=\"mailto:IR@nexpoint.com\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><u><b>IR@nexpoint.com<\/b><\/u><\/span><\/span><\/a><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><i><u>Media Relations<\/u><\/i><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><i>:<br \/>\n<\/i><\/span><\/span><\/span><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Prosek Partners for NexPoint<br \/>\n<\/span><\/span><\/span><span style=\"font-size: medium;\"><a href=\"mailto:Pro-nexpoint@prosek.com\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><u><b>Pro-nexpoint@prosek.com<\/b><\/u><\/span><\/span><\/a><\/span><\/p>\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/nexpoint-fully-subscribes-46-million-self-storage-dst-302327201.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><strong><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Source<\/span><\/span><\/span><\/strong><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NexPoint, a multibillion-dollar alternative investment firm, today announced that it has fully subscribed its NexPoint Storage V DST, a Delaware Statutory Trust (&#8220;DST&#8221;) offering. The offering has reached its total goal of $46 million in equity raised since its launch in June. NexPoint Storage V includes two GenerationV (&#8220;GenV&#8221;), Class-A storage facilities located in Cape Coral, Florida, and Dundalk, Maryland. Both properties are managed by Extra Space Storage, a leading third-party manager of self-storage properties in the United States. The properties benefit from being accessible to high-growth metropolitan statistical areas,&hellip;<\/p>\n","protected":false},"author":13,"featured_media":7944,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[56],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/7943"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=7943"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/7943\/revisions"}],"predecessor-version":[{"id":7945,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/7943\/revisions\/7945"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/7944"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=7943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=7943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=7943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}