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Alternative Assets  + Real Estate  | 
NexPoint Fully Subscribes $46M Self-Storage DST 

NexPoint Fully Subscribes $46M Self-Storage DST 

Alternative investment manager NexPoint announced it has fully subscribed its NexPoint Storage V DST, a Delaware Statutory Trust (DST) offering, which has reached its $46 million target following its launch in June

NexPoint Storage V includes two GenerationV, Class-A storage facilities in Cape Coral, FL, and Dundalk, MD. Both properties are managed by Extra Space Storage. 

The Class-A assets include the amenities and characteristics of GenV storage facilities including all climate-controlled units in one self-contained multi-story building in desirable neighborhoods. 

“We continue to see positive growth and opportunity in the self-storage sector and are grateful to our partners who helped fully subscribe our fifth self-storage offering and bring that opportunity to investors,” said Matt McGraner, NexPoint CIO and EVP of the DST sponsor. 

Dallas-based NexPoint’s investment portfolio includes wholly owned and managed vehicles and DSTs, valued at nearly $2 billion. 

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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