Sponsor Profile Preferred

NexPoint

Dallas, TX · Founded 2012 · nexpoint.com · Reviewed July 2026

NexPoint is a Dallas alternative manager—an affiliate of the former Highland Capital complex—overseeing roughly $15 billion across listed and non-listed REITs, DSTs, 1031 exchanges, interval funds and a BDC. Its breadth…

Assets Under Mgmt
$15.0B
Full-Cycle Deals
3
Avg Annual Return
16.83%
Avg Equity Multiple
1.65x
Avg Hold
4.64 Years
Full-Cycle Success
100.00%
Year Founded
2012
Headquarters
Dallas, TX

Overview

NexPoint is a Dallas alternative manager—an affiliate of the former Highland Capital complex—overseeing roughly $15 billion across listed and non-listed REITs, DSTs, 1031 exchanges, interval funds and a BDC. Its breadth across real estate and credit, paired with significant own-capital co-investment, gives it institutional heft in the exchange channel, and its concentrated Dallas/Uptown asset base reflects conviction in its home market. For exchangers, the platform offers a diversified menu backed by a sizable alternatives manager.

Key strategies & advantages

  • Operates a ~$15 billion alternatives platform spanning listed/non-listed REITs, DSTs, interval funds and a BDC.
  • Offers a broad 1031/DST and closed-end product suite under one roof.
  • Combines real estate and credit capabilities (affiliate of the former Highland Capital complex).
  • Co-invests significant own capital alongside investors.
  • Concentrates conviction positions in its Dallas/Uptown home market.
These describe the sponsor’s approach and potential advantages only, and should be weighed against the risks common to DST investments — illiquidity, loss of principal, and no guaranteed distributions. Full risk factors are in each offering’s Private Placement Memorandum.

Track record

NexPoint has 3 full-cycle programs in the Baker 1031 dataset, averaging 16.83% annual return, a 1.47x average equity multiple, and a 4.6-year average hold.

Deal-by-deal full-cycle track record
InvestmentLocationAsset ClassHoldEquity MultipleAnnual Return
NREA Adair DST Multifamily 4.5 1.7x 17.10%
NREA Estates DST Multifamily 3.75 28.80%
NREA Meritage DST Multifamily 5.67 1.24x 4.60%

Figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. “Preferred” is Baker’s internal designation, not a rating or endorsement.

Current offerings from this sponsor

Baker 1031 tracks this sponsor’s active DST and 1031-eligible offerings. Verified investors can review what’s currently available. Browse current offerings →

Gerald F. “Jerry” Baker, III — Founder & Managing Principal, Baker 1031 Investments · FINRA Series 22 / 63 · SIE. Read full bio →

Sponsor figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. This profile is educational and is not investment advice or an offer to sell or a solicitation to buy any security. Offerings are available only to accredited investors and are made solely through the sponsor’s Private Placement Memorandum. Securities offered through Aurora Securities, member FINRA/SIPC. Real estate investments involve risk, including possible loss of principal.