NexPoint Small Bay III DST
Investment Description
NexPoint Small Bay III DST holds two industrial campuses in Richardson, Texas, and Deerfield Beach, Florida. The Arapaho and Deerfield properties contain multiple buildings and approximately 509,914 rentable square feet in the offering materials. The structure uses a parent Delaware statutory trust and two subsidiary trusts.
Key Facts
- Fundraising Status
- Open
- Sponsor Name
- NexPoint
- Location(s)
- Florida, Texas
- Equity
- $50,382,493
- Debt
- $41,000,000
- LTV (investor offering)
- 44.87%
- Property Type
- Small-bay industrial
Source-document projections, not actual distributions. Income is operating cash divided by original offering equity and excludes sale proceeds. Y1 uses the detailed investor cash schedule after annual trust expenses. Average covers ten annual source periods. Offering LTV = allocated debt / (offering equity + allocated debt). 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.