NexPoint Marina DST
Investment Description
NexPoint Marina DST holds interests associated with Eufaula Cove Marina in Oklahoma and Grafton Harbor in Illinois. The real-estate portfolio includes specified marina improvements and leasehold interests. Investors participate through a parent Delaware statutory trust and two property-level trusts, with marina operations governed by separate agreements.
Key Facts
- Fundraising Status
- Open
- Sponsor Name
- NexPoint
- Location(s)
- Illinois, Oklahoma
- Equity
- $42,710,095
- Debt
- $0
- LTV (investor offering)
- 0.00%
- Property Type
- Marina and recreation
Source-document projections, not actual distributions. Income is operating cash divided by original offering equity and excludes sale proceeds. Y1 and average use the ten relative annual source periods; no calendar restart or post-exit cash is assumed. Offering LTV = allocated debt / (offering equity + allocated debt). Property/DST debt is zero; separate sponsor or depositor financing is excluded. Figures reflect reviewed document dates, not current operating results. Projections are not guaranteed; availability is maintained separately.
Sponsor Overview
NexPoint
NexPoint is the investment platform identified in the offering materials. Its real-estate activities include multifamily housing and other commercial property sectors. Affiliated entities serve in sponsor, asset-management and trust-management roles as described in the offering documents.