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NexPoint Launches $31.4M Multifamily DST Offering for Greensboro Property

By Mari Nicholson

NexPoint-Launches-$31.4M-Multifamily-DST-Offering-for-Greensboro-Property

Alternative investment firm NexPoint has launched NexPoint Waterford DST, a Delaware statutory trust offering seeking to raise nearly $31.4 million from accredited investors.

The offering provides access to a high-quality, low-density apartment community located in the Greensboro-High Point metropolitan statistical area, one of North Carolina’s fastest-growing mid-sized markets.

Situated along the shore of Lake Jeanette, Waterford Place is a 240-unit garden-style community with an average unit size of 1,155 square feet. The property is near Piedmont Triad International Airport, major employment centers, and a diversified economic base anchored by aerospace, advanced manufacturing, healthcare, and logistics.

“Waterford DST reflects our conviction in high-growth Southeast markets supported by strong fundamentals, durable renter demand, and meaningful opportunities for operational enhancement,” said Matt McGraner, NexPoint’s chief investment officer and executive vice president.

The Greensboro-High Point metropolitan statistical area has shown consistent population growth and corporate investment, including JetZero’s 14,500-job aerospace expansion and Toyota’s multibillion-dollar commitment to a new battery manufacturing facility in nearby Liberty, N.C. According to the company, the region’s affordability, connectivity, and industry diversification underpin strong multifamily demand.

Earlier this month, NexPoint launched NexPoint Marina DST, an offering backed by two full-service marina properties: Eufaula Cove Marina in Eufaula, Okla., and Grafton Harbor in Grafton, Ill. The DST’s total acquisition cost was approximately $38.7 million, and it seeks to raise $42.7 million from investors.

In December 2025, NexPoint fully subscribed its NexPoint Life Science II DST, which raised nearly $42 million in equity since its spring 2023 launch. Also that month, the company launched NexPoint Outlook DST, a $32.9 million offering tied to a multifamily property in Birmingham, Ala.

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