03:29:06 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Nexpoint Hospitality Trust
Symbol NHT
Shares Issued 29,352,055
Close 2023-12-27 U$ 0.01
Market Cap U$ 293,521
Recent Sedar Documents

Nexpoint releases 2023 U.S. income tax information

2024-01-22 18:35 ET - News Release

An anonymous trustee reports

NEXPOINT HOSPITALITY TRUST ANNOUNCES 2023 U.S. INCOME TAX INFORMATION

Nexpoint Hospitality Trust has declared 2023 United States tax information in respect of the special distribution paid by the REIT on Dec. 29, 2023 (the special distribution). The special distribution was made to distribute to unitholders all or a portion of the capital gain realized by the REIT from certain transactions completed during the last fiscal year in order for the REIT to continue to be qualified and classified as a real estate investment trust (as defined in the U.S. Internal Revenue Code of 1986, as replaced or amended, from time to time) for U.S. federal income tax purposes.

The final income allocations as they will be reported on Form 1099-DIV, in respect of the special distribution, are set forth in the attached table.

The REIT encourages unitholders to consult their tax advisers regarding the federal, state and local income tax consequences to them of the special distribution.

About Nexpoint Hospitality Trust

Nexpoint is a publicly traded real estate investment trust. Nexpoint is principally focused on acquiring, owning and operating well-located hospitality properties in the United States that offer a high current yield and, in many cases, are underperforming assets with the potential to increase in value through investments in capital improvements, a market-based recovery, brand repositioning, revenue enhancements, operational improvements, expense inefficiencies and exploiting excess land or underutilized space. Nexpoint owns eight branded properties sponsored by Marriott, Hilton, Hyatt and Intercontinental Hotels Group, located across the United States. Nexpoint is externally advised by Nexpoint Real Estate Advisors VI LP.

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