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Alternative Assets  + Real Estate  | 
NexPoint Launches $45M Tennessee, Maryland Self-Storage DST 

NexPoint Launches $45M Tennessee, Maryland Self-Storage DST 

NexPoint announced the launch of its $45 million NexPoint Storage VI DST, a Delaware Statutory Trust (DST) offering that includes two Generation-V, Class-A storage facilities in the Nashville and Washington-Arlington-Alexandria metropolitan statistical areas (MSAs). The offering qualifies for 1031 exchanges and requires a minimum investment of $100,000. 

The storage facilities, located in Temple Hills, MD, and Nashville, TN, will be managed by Extra Space Storage. 

“We believe these GenV facilities set the benchmark for high-quality self-storage in their respective submarkets, and we expect them to maintain strong occupancy and rental performance in these thriving MSAs,” said John Good, CEO of NexPoint Storage. 

The NexPoint self-storage platform, launched in 2015, includes a portfolio of wholly owned and managed vehicles, as well as DSTs, valued at more than $1.9 billion. 

In December 2024, the firm announced it fully subscribed its NexPoint Storage V DST, which reached its $46 million target following its launch in June.   

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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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