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NexPoint Credit Strategies Fund ( (NHF) ) just unveiled an announcement.
On April 17, 2025, NexPoint Hospitality Trust and NexPoint Diversified Real Estate Trust announced the completion of a merger transaction, leading to the dissolution of the REIT and the merging of its subsidiaries with entities owned by NXDT. As a result, REIT unitholders had the option to receive cash or common shares, and the units will be delisted from the TSX Venture Exchange on April 22, 2025.
More about NexPoint Credit Strategies Fund
NexPoint Diversified Real Estate Trust (NYSE: NXDT) is a publicly traded, diversified real estate investment trust (REIT) that focuses on acquiring, developing, and managing opportunistic and value-add investments across various sectors in the United States. The company is externally advised by NexPoint Real Estate Advisors X, L.P.
YTD Price Performance: 136.35%
Average Trading Volume: 97,285
For a thorough assessment of NHF stock, go to TipRanks’ Stock Analysis page.