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Alternative Assets  + Real Estate  | 
NexPoint Fully Subscribes $45M Self-Storage DST Offering 

NexPoint Fully Subscribes $45M Self-Storage DST Offering 

NexPoint announced that its $45 million NexPoint Storage VI DST, launched in January, has been fully subscribed. The Delaware Statutory Trust offering includes two GenerationV, Class-A storage facilities located in Temple Hills, Maryland, and Nashville, Tennessee. Both assets are managed by Extra Space Storage and benefit from access to stable-growth metropolitan statistical areas. 

“We are grateful to our partners who helped fully subscribe our sixth self-storage offering,” said Matt McGraner, NexPoint CIO and EVP of the DST Sponsor. “We are excited to continue to provide access to this segment of the self-storage sector.” 

NexPoint’s self-storage platform, established in 2015, has grown to encompass a portfolio valued at more than $2 billion, spanning wholly owned properties, managed vehicles, and DST structures. 

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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.