The estimated Net Worth of James D Dondero is at least $85.2 Million dollars as of 11 May 2024. Mr. Dondero owns over 6,779 units of NexPoint Residential Trust Inc stock worth over $20,746,611 and over the last 16 years he sold NXRT stock worth over $62,831,626. In addition, he makes $1,669,500 as Chairman of the Board, President, and Director at NexPoint Residential Trust Inc.
James has made over 146 trades of the NexPoint Residential Trust Inc stock since 2009, according to the Form 4 filled with the SEC. Most recently he exercised 6,779 units of NXRT stock worth $306,275 on 11 May 2024.
The largest trade he's ever made was exercising 2,100,000 units of NexPoint Residential Trust Inc stock on 23 December 2022 worth over $94,878,000. On average, James trades about 80,579 units every 30 days since 2009. As of 11 May 2024 he still owns at least 459,199 units of NexPoint Residential Trust Inc stock.
You can see the complete history of Mr. Dondero stock trades at the bottom of the page.
James D. Dondero serves as Chairman of the Board, President, Director of the Company. Mr. Dondero currently serves as the Company’s President. Mr. Dondero is also the co-founder of Highland Capital Management, L.P. (“Highland”), an SEC-registered investment adviser; founder and president of NexPoint Advisors, L.P. (“NexPoint”), an SEC-registered investment adviser; and chairman of NexBank, SSB. Mr. Dondero co-founded Highland in 1993 with Mark Okada. Mr. Dondero has over 30 years of experience investing in credit and equity markets and has helped pioneer credit asset classes. Mr. Dondero has also served as the Chief Executive Officer of NexPoint Hospitality Trust (“NHT”), a publicly traded hospitality real estate investment trust listed on the TSX Venture Exchange (“TSXV”), since December 2018, and President and chairman of the board of directors of NexPoint Real Estate Finance, Inc. (“NREF”), a commercial real estate finance company listed on the NYSE, since February 2020. Mr. Dondero has also been a director of Jernigan Capital, Inc., a self-storage lending real estate investment trust, since August 2016. Mr. Dondero currently serves on the board of directors of Metro-Goldwyn-Mayer, Cornerstone Healthcare Group, SeaOne Holdings, LLC and Texmark Timber Treasury, L.P. He also serves as president of NexPoint Capital, Inc. (“NexPoint Capital”), NexPoint Real Estate Strategies Fund and NexPoint Healthcare Opportunities Fund, all of which are affiliates of our Adviser. On October 16, 2019, Highland filed for Chapter 11 bankruptcy protection with the United States Bankruptcy Court for the District of Delaware.
As the Chairman of the Board, President, and Director of NexPoint Residential Trust Inc, the total compensation of James Dondero at NexPoint Residential Trust Inc is $1,669,500. There are 1 executives at NexPoint Residential Trust Inc getting paid more, with Matthew McGraner having the highest compensation of $2,449,990.
James Dondero is 58, he's been the Chairman of the Board, President, and Director of NexPoint Residential Trust Inc since 2015. There are 3 older and 8 younger executives at NexPoint Residential Trust Inc. The oldest executive at NexPoint Residential Trust Inc is Arthur Laffer, 79, who is the Independent Director.
James's mailing address filed with the SEC is 300 CRESCENT COURT, SUITE 700, DALLAS, TX, 75201.
Over the last 10 years, insiders at NexPoint Residential Trust Inc have traded over $52,948,380 worth of NexPoint Residential Trust Inc stock and bought 2,092,405 units worth $52,096,675 . The most active insiders traders include James D Dondero, Arthur B Laffer, and James Dhighland Capital Man.... On average, NexPoint Residential Trust Inc executives and independent directors trade stock every 18 days with the average trade being worth of $1,166,502. The most recent stock trade was executed by Brian Mitts on 28 June 2024, trading 2,000 units of NXRT stock currently worth $78,800.
nexpoint residential trust is a publicly traded reit, with its shares listed on the new york stock exchange under the symbol "nxrt," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the southeastern and southwestern united states. nxrt is externally advised by nexpoint real estate advisors, l.p., an affiliate of nexpoint advisors, l.p., an sec-registered investment advisor, which has extensive real estate experience.
NexPoint Residential Trust Inc executives and other stock owners filed with the SEC include: