Vinebrook Homes Trust Updates Monthly NAV Per Share
Vinebrook Homes Trust Inc., a private real estate investment trust managed by an affiliate of NexPoint Real Estate Advisors, has declared its monthly net asset value per share for September 2021.
Vinebrook Homes Trust Inc., a private real estate investment trust managed by an affiliate of NexPoint Real Estate Advisors, has declared its monthly net asset value per share for September 2021.
As of September 30, 2021, Vinebrook had a NAV per share of $47.90, compared to $46.19 per share the previous month. Shares were originally priced at $25.00 each.
In other company news, Vinebrook recently agreed to purchase a portfolio of approximately 3,000 single-family rental homes for $354.2 million, according to a filing with the Securities and Exchange Commission.
Vinebrook Homes Trust launched its Regulation D private placement offering in November 2018 and has raised more than $370 million, including proceeding from the distribution reinvestment plan. The REIT’s portfolio consists of 14,697 single-family rental properties valued at nearly $1.8 billion, as of the second quarter of 2021. Vinebrook recently became a 12(g) filer and files quarterly and annual financial reports with the SEC, along with other reports as required by federal securities laws.
