NexPoint Launches Birmingham Multifamily DST
NexPoint announced the launch of NexPoint Outlook DST, a Delaware statutory trust offering centered on Outlook at Greystone, a 300-unit Class-A multifamily community in Southeast Birmingham, Alabama. The total acquisition cost for the property is $61.1 million, with an offering size of $32.9 million and a minimum investment of $100,000, available through cash or a 1031 exchange.
The DST provides 49.85% leverage with a fixed 4.67% interest rate and interest-only payments for the full 120-month term, offering investors a long-duration, stabilized financing structure. Participation is limited to accredited investors.
The community will be managed by BH Management, a long-time partner of NexPoint and its affiliates.
“We see significant opportunity in the multifamily space going into 2026, evident in our second multifamily DST launch this quarter,” said Matt McGraner, NexPoint’s CIO and EVP. “With the robust demand for quality multifamily housing, we are pleased to bring this offering to investors seeking institutional-grade real estate exposure and the benefits of tax deferral through Section 1031 exchanges.”
The offering follows NexPoint’s recent launch of NexPoint Oasis DST, a multifamily property in the Orlando metro area introduced at the end of October.
Pictured: The Outlook at Greystone