NexPoint Hospitality Trust (V:NHT.U)
Business Focus: Hospitality REITs
Apr 19, 2024 05:28 pm ET
NexPoint Hospitality Trust Announces Acquisition of Units by Company controlled by Founder
DALLAS and TORONTO, April 19, 2024 /CNW/ -- NexPoint Hospitality Trust ("NHT" or the "REIT"), (TSX-V: NHT.U) and James Dondero announced today that NexPoint Real Estate Opportunities, LLC, an entity that is deemed to be indirectly controlled by Mr. Dondero by virtue of his control over the external advisor of that entity's parent company, has acquired 2,176,257 units of the REIT at a price of US$0.36 per unit and an aggregate purchase price of US$783,452.52. Based on the daily average exchange rate for US dollars to Canadian dollars on April 18, 2024, the Canadian dollar equivalent for the
Jan 22, 2024 05:30 pm ET
NexPoint Hospitality Trust Announces 2023 U.S. Income Tax Information
DALLAS and TORONTO, Jan. 22, 2024 /CNW/ -- NexPoint Hospitality Trust ("NHT" or the "REIT") (TSX-V: NHT.U) is pleased to announce 2023 U.S. tax information in respect of the special distribution paid by the REIT on December 29, 2023 (the "Special Distribution"). The Special Distribution was made to distribute to unitholders all or a portion of the capital gain realized by the REIT from certain transactions completed during the last fiscal year in order for the REIT to continue to be qualified and classified as a "real estate investment trust" (as defined in the U.S. Internal Revenue Code of
Jan 15, 2024 07:30 am ET
NexPoint Hospitality Trust Announces Appointment of Auditor
DALLAS and TORONTO, Jan. 15, 2024 /CNW/ -- NexPoint Hospitality Trust ("NHT" or the "REIT") (TSX-V: NHT.U) announced today that MNP LLP ("MNP") was appointed as auditor of NHT, effective January 12, 2024.
Nov 29, 2023 07:00 am ET
NexPoint Hospitality Trust Announces Third Quarter 2023 Financial Results, Update on Sale of DoubleTree Portfolio and the Sale Process of the HIX Nashville Portfolio
DALLAS and TORONTO, Nov. 29, 2023 /CNW/ -- NexPoint Hospitality Trust ("NHT"1), (TSX-V: NHT.U) announced the release of NHT's financial results for the three and nine months ended September 30, 2023. All amounts are expressed in U.S. dollars.
Nov 28, 2023 07:30 am ET
NexPoint Hospitality Trust Announces Resignation of Auditor
DALLAS and TORONTO, Nov. 28, 2023 /CNW/ -- NexPoint Hospitality Trust ("NHT" or the "REIT") (TSX-V: NHT.U) announced today that Frazier & Deeter, LLC ("F&D") resigned as auditor of NHT, effective November 27, 2023. F&D's resignation resulted from a position taken by CPA Ontario that, under certain circumstances, foreign accounting firms and their partners may be considered to be engaging in public accounting work in Ontario as a result of performing audits of Ontario reporting issuers thereby triggering a requirement to be licenced by CPA Ontario. The REIT has commenced a process
Oct 30, 2023 06:43 pm ET
NexPoint Hospitality Trust Amends COVID Loans
DALLAS and TORONTO, Oct. 30, 2023 /CNW/ -- NexPoint Hospitality Trust ("NHT" or the "REIT") (TSX-V: NHT.U) announced today that it has entered into certain amendments (the "Amendments") with each of the lenders in respect of the convertible promissory notes issued by NHT between June 2021 and September 2022 (the "COVID Loans"). For further details on the Amendments, please see the REIT's management information circular dated September 11, 2023. The Amendments, which were made at the request of the TSX Venture Exchange, constituted related party transactions under Multilateral Instrument 61-
Oct 26, 2023 03:27 pm ET
NexPoint Hospitality Trust Announces Election of Trustees
DALLAS and TORONTO, Oct. 26, 2023 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) today announced the results of its 2023 annual and special meeting of unitholders (the "Meeting"). All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as trustees. Detailed results of the vote for the election of trustees held at the Meeting are set out below:
Oct 19, 2023 08:51 pm ET
NexPoint Hospitality Trust Issues Clarifying and Supplemental Disclosure
DALLAS and TORONTO, Oct. 19, 2023 /CNW/ -- NexPoint Hospitality Trust ("NHT" or the "REIT") (TSX-V: NHT.U) has received requests for (i) clarification regarding its previous disclosure relating to the approximate US$87 million of convertible loans provided by entities controlled or managed by James Dondero primarily during the COVID-19 pandemic (the "Loans"); and (ii) supplemental disclosure to its management information circular dated September 11, 2023 (the "Circular") regarding the process undertaken with the TSX Venture Exchange (the "TSXV") whereby the TSXV requested amendments to the L
Oct 17, 2023 08:57 pm ET
TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, Oct. 17, 2023 /CNW/ -
Oct 16, 2023 08:30 am ET
NexPoint Hospitality Trust Declares Special Distribution
NOT FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Oct 06, 2023 08:49 pm ET
NexPoint Hospitality Trust Announces Intent to Adjourn Upcoming Unitholder Meeting
DALLAS and TORONTO, Oct. 6, 2023 /CNW/ -- NexPoint Hospitality Trust ("NHT" or the "REIT"), (TSX-V: NHT.U) announced today that it intends to adjourn the annual and special meeting of unitholders (the "Meeting") currently scheduled for Thursday, October 12, 2023 at 10:00 a.m. (Toronto time), and to reconvene the Meeting on Thursday, October 26, 2023 at 10:00 a.m. (Toronto time). To implement the adjournment, the Meeting will still be convened on October 12, 2023 but it will be immediately adjourned. Other than a motion to adjourn the Meeting, there will be no voting or other matters conducte
Sep 29, 2023 06:30 pm ET
NexPoint Hospitality Trust Announces Update to Upcoming Unitholder Meeting
DALLAS and TORONTO, Sept. 29, 2023 /CNW/ -- NexPoint Hospitality Trust, ("NHT" or the "REIT"1), (TSX-V: NHT.U) announced today that, in connection with the REIT's annual and special meeting of unitholders (the "Meeting"), an additional 817,905 units held by Liberty CLO Holdco, Ltd. (through NHT Holdco, LLC) will be excluded from the resolution approving certain amendments to the COVID Loans (as described in the management information circular for the Meeting filed on SEDAR+ on September 21, 2023) pursuant to Multilateral Instrument 61-101– Protection of Minority Security Holders in Special T
Sep 11, 2023 06:42 pm ET
NexPoint Hospitality Trust Announces Grant of Deferred Units
DALLAS and TORONTO, Sept. 11, 2023 /CNW/ -- NexPoint Hospitality Trust, ("NHT" or the "REIT"1), (TSX-V: NHT.U) announced today the issuance of 1,295,668 deferred units (the "Deferred Units") to certain independent trustees of the REIT, pursuant to the REIT's existing deferred unit plan (the "Deferred Unit Plan"). The Deferred Units were granted in respect of accrued trustee fees up to the end of Q2 2023, in the aggregate amount of US$323,917 and pursuant to the REIT's matching program.
Aug 29, 2023 06:13 pm ET
NexPoint Hospitality Trust Announces Second Quarter 2023 Financial Results, Update on Sale of DoubleTree Portfolio, the Sale Process of the HIX Nashville Portfolio and the Issuance of Deferred Units
DALLAS and TORONTO, Aug. 29, 2023 /CNW/ -- NexPoint Hospitality Trust ("NHT"1), (TSX-V: NHT.U) announced the release of NHT's financial results for the three and six months ended June 30, 2023. All amounts are expressed in U.S. dollars.
Aug 25, 2023 06:14 pm ET
TSX Venture Exchange Stock Maintenance Bulletins
OTTAWA, ON, Aug. 25, 2023 /CNW/ -
Aug 11, 2023 08:23 pm ET
NexPoint Hospitality Trust Announces Execution of Purchase Agreement for the Sale of Hotel Property in Nashville
DALLAS and TORONTO, Aug. 11, 2023 /CNW/ -- NexPoint Hospitality Trust (TSX-V: NHT.U) announced today that, in connection with the previously disclosed process to market its Holiday Inn Express hotel property in Nashville, Tennessee (the "Tennessee Property"), its subsidiary NHT Nashville, LLC, ( the "Seller") has entered into an agreement for purchase and sale of real property with NF V Acquisitions, LLC ("the Buyer") for the sale of the Tennessee Property.
Jun 26, 2023 08:30 am ET
NexPoint Hospitality Trust Announces Undertaking Regarding Amendments to COVID Loans
DALLAS and TORONTO, June 26, 2023 /CNW/ -- NexPoint Hospitality Trust ("NHT" or the "REIT"), (TSX-V: NHT.U) announced today that, at the request of the TSX Venture Exchange, it has provided an undertaking to amend the convertible promissory notes issued to NexPoint Real Estate Opportunities, LLC and Highland Income Fund (the "Lenders") during the COVID-19 pandemic (the "COVID Loans") to (i) reduce the conversion term to five years from the date of issuance; (ii) establish a minimum acceptable conversion price based on market prices at the time of each particular advance; and (iii) remove the
May 30, 2023 06:00 pm ET
NexPoint Hospitality Trust Announces First Quarter 2023 Financial Results, Update on Sale of DoubleTree Portfolio, and Beginning the Sale Process of the HIX Nashville Portfolio
DALLAS and TORONTO, May 30, 2023 /CNW/ -- NexPoint Hospitality Trust ("NHT"1), (TSX-V: NHT.U) announced the release of NHT's financial results for the three months ended March 31, 2023. All amounts are expressed in U.S. dollars.
May 11, 2023 04:43 pm ET
EARLY WARNING REPORT ISSUED PURSUANT TO NATIONAL INSTRUMENT 62-103
DALLAS and TORONTO, May 11, 2023 /CNW/ -- NexPoint Hospitality Trust ("NHT" or the "REIT") (TSX-V: NHT.U) announced today that on May 10, 2023, NHT Holdco, LLC ("Holdco"), an entity controlled by James Dondero, Chief Executive Officer of the REIT, transferred 689,962 units in the capital of the REIT ("Units") to Highland Capital Management L.P. ("Highland"). This transfer was effected pursuant to a Limited Liability Company Agreement of Holdco, whereby Highland (who held 689,962 membership units in Holdco) was granted the right to withdraw from Holdco and Holdco was obligated to distribute t
Apr 04, 2023 07:43 pm ET
NexPoint Hospitality Trust Announces Fiscal Year 2022 Improving Financial Results and Update on Sale of DoubleTree Portfolio
DALLAS and TORONTO, April 4, 2023 /CNW/ -- NexPoint Hospitality Trust ("NHT"1), (TSX-V: NHT.U) announced the release of NHT's financial results for the three and twelve months ended December 31, 2022. All amounts are expressed in U.S. dollars.
Mar 21, 2023 09:00 am ET
NexPoint Advisors Files Amended Petition Against United Development Funding IV (UDF IV) Advisor and Affiliates
Amendment Adds Board Members Lawrence S. Jones, James Kenney, Philip K. Marshall, J. Heath Malone, and Steven J. Finkle as Defendants
Nov 14, 2022 07:15 am ET
NexPoint Hospitality Trust Announces Third Quarter 2022 Improving Financial Results, Update on Sale of DoubleTree Portfolio, and Convertible Notes
DALLAS and TORONTO, Nov. 14, 2022 /CNW/ -- NexPoint Hospitality Trust ("NHT"1), (TSX-V: NHT.U) announced the release of NHT's financial results for the three and nine months ended September 30, 2022. All amounts are expressed in U.S. dollars. Additional information on 2022 financial and operational results can be found at www.sedar.com in our 2022 interim unaudited consolidated financial statements and management discussion and analysis ("MD&A").
Aug 31, 2022 04:30 pm ET
NexPoint Hospitality Trust Announces Appointment of Jerry Patava to the Board
DALLAS and TORONTO, Aug. 31, 2022 /CNW/ -- NexPoint Hospitality Trust ("NHT" or the "REIT") (TSX-V: NHT.U) is pleased to announce that, effective today, Jerry Patava has been appointed to the board of trustees of the REIT (the "Board") to serve as a trustee until the next annual general meeting of unitholders of the REIT or until a successor is appointed.
Aug 19, 2022 08:30 am ET
NexPoint Hospitality Trust Announces Second Quarter 2022 Improving Financial Results, Update on Sale of DoubleTree Portfolio, and Convertible Notes
DALLAS and TORONTO, Aug. 19, 2022 /CNW/ -- NexPoint Hospitality Trust ("NHT"1), (TSX-V: NHT.U) announced the release of NHT's financial results for the three and six months ended June 30, 2022. All amounts are expressed in U.S. dollars.
Jul 24, 2022 05:51 pm ET
NexPoint Extends Offer to Purchase Up to All Shares of United Development Funding IV (UDFI)
DALLAS, July 24, 2022 /PRNewswire/ -- NexPoint Advisors, L.P., investment adviser to the NexPoint Diversified Real Estate Trust ("NXDT" and together with affiliated entities "NexPoint"), today announced the extension of the offering period for its previously announced offer to purchase Shares of Beneficial Interest (the "Shares") of United Development Funding IV ("UDFI" or the "Company") at a price of $1.10 per Share upon the terms and subject to the conditions set forth in the Offer to Purchase and in the related Assignment Form for the offer (which together constitute the "Offer" and the "
Jun 30, 2022 01:48 pm ET
NexPoint Hospitality Trust Announces Election of Trustees
DALLAS and TORONTO, June 30, 2022 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) today announced the results of its 2022 annual and special meeting of unitholders (the "Meeting"). All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as trustees. Detailed results of the vote for the election of trustees held at the Meeting are set out below:
May 27, 2022 08:15 am ET
NexPoint Hospitality Trust Announces First Quarter 2022 Financial Results, Intent to Sell DoubleTree Portfolio, and Convertible Notes
DALLAS and TORONTO, May 27, 2022 /CNW/ -- NexPoint Hospitality Trust ("NHT"1), (TSX-V: NHT.U) announced the release of NHT's financial results for the three months ended March 31, 2022. All amounts are expressed in U.S. dollars.
May 25, 2022 06:30 pm ET
NexPoint Extends Offer to Purchase Up to All Shares of United Development Funding IV (UDFI)
DALLAS, May 25, 2022 /PRNewswire/ -- NexPoint Advisors, L.P., investment adviser to the NexPoint Diversified Real Estate Trust ("NXDT" and together with affiliated entities "NexPoint"), today announced the extension of the offering period for its previously announced offer to purchase Shares of Beneficial Interest (the "Shares") of United Development Funding IV ("UDFI" or the "Company") at a price of $1.10 per Share upon the terms and subject to the conditions set forth in the Offer to Purchase and in the related Assignment Form for the offer (which together constitute the "Offer" and the "T
Apr 08, 2022 08:00 am ET
NexPoint Hospitality Trust Announces Fiscal Year 2021 Financial Results, Acquisition Activity, Convertible Notes, Equity Awards Under the Omnibus Plan
DALLAS and TORONTO, April 8, 2022 /CNW/ -- NexPoint Hospitality Trust ("NHT"1), (TSX-V: NHT.U) announced the release of NHT's financial results for the twelve months ended December 31, 2021. All amounts are expressed in U.S. dollars.
Mar 07, 2022 03:00 pm ET
NexPoint Hospitality Trust Announces Hotel Acquisitions
DALLAS and TORONTO, March 7, 2022 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) announced today the acquisitions of two assets, expanding NHT's footprint into two new markets.
Dec 22, 2021 01:47 pm ET
NexPoint Hospitality Trust Announces Election of Trustees
DALLAS and TORONTO, Dec. 22, 2021 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) today announced the results of its 2021 annual general meeting of unitholders (the "Meeting"). All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as trustees. Detailed results of the vote for the election of trustees held at the Meeting are set out below:
Nov 19, 2021 07:00 am ET
NexPoint Hospitality Trust Announces Recovering Third Quarter 2021 Financial Results
DALLAS and TORONTO, Nov. 19, 2021 /CNW/ -- NexPoint Hospitality Trust ("NHT"1), (TSX-V: NHT.U) announced today the release of NHT's financial results for the three and nine months ended September 30, 2021. All amounts are expressed in U.S. dollars.
Aug 27, 2021 08:00 am ET
NexPoint Hospitality Trust Announces Recovering Second Quarter 2021 Financial Results
DALLAS and TORONTO, Aug. 27, 2021 /CNW/ -- NexPoint Hospitality Trust ("NHT"1), (TSX-V: NHT.U) announced today the release of NHT's financial results for the three and six months ended June 30, 2021. All amounts are expressed in U.S. dollars.
Jun 28, 2021 08:15 am ET
NexPoint Hospitality Trust Announces Grant of Deferred Units and Update on Liquidity Solutions
DALLAS and TORONTO, June 28, 2021 /CNW/ -- NexPoint Hospitality Trust, ("NHT"1), (TSX-V: NHT.U) announced today that, in lieu of cash trustees' fees earned since January 1, 2019 and pursuant to the REIT's matching grants, it has issued an aggregate of 339,687 deferred units (the "Deferred Units") to the independent trustees of NHT, pursuant to NHT's omnibus equity incentive plan. The Deferred Units vested immediately upon grant.
May 28, 2021 08:45 am ET
NexPoint Hospitality Trust Announces Recovering First Quarter 2021 Financial Results
DALLAS and TORONTO, May 28, 2021 /CNW/ -- NexPoint Hospitality Trust, ("NHT"1), (TSX-V: NHT.U) announced today the release of NHT's financial results for the three months ended March 31, 2021. All amounts are expressed in U.S. dollars.
Apr 30, 2021 04:30 pm ET
NexPoint Hospitality Trust Announces Fiscal Year 2020 Financial Results
DALLAS and TORONTO, April 30, 2021 /CNW/ -- NexPoint Hospitality Trust, ("NHT"1), (TSX-V: NHT.U) announced today the release of NHT's financial results for the twelve months ended December 31, 2020. All amounts are expressed in U.S. dollars.
Mar 30, 2021 04:15 pm ET
NexPoint Hospitality Trust Provides Update On Liquidity Solutions
DALLAS and TORONTO, March 30, 2021 /CNW/ -- NexPoint Hospitality Trust (TSX-V: NHT.U) ("NHT") today announced that a subsidiary of NHT has, between November 2020 and January 2021, issued convertible notes (the "Notes") in the aggregate principal amount of US$5.3 million (the "Liquidity Transactions") to an affiliate of NHT's external advisor.
Feb 26, 2021 03:30 pm ET
NexPoint Hospitality Trust Announces Appointment Of Auditors
DALLAS and TORONTO, Feb. 26, 2021 /CNW/ -- NexPoint Hospitality Trust (TSX-V: NHT.U) ("NHT" or the "REIT") announced today that Frazier & Deeter, LLC ("FD") was appointed as auditor of NHT, effective February 25, 2021. FD succeeds KPMG LLP, who resigned as auditor of the REIT effective January 11, 2021. As announced on January 12, 2021, KPMG LLP no longer met the independence requirements under applicable professional standards, and as a result, could no longer serve as NHT's auditor. There were no disagreements between management and KPMG LLP related to NHT's accounting or financial s
Jan 12, 2021 07:00 am ET
NexPoint Hospitality Trust Announces Resignation Of Auditors
DALLAS and TORONTO, Jan. 12, 2021 /CNW/ -- NexPoint Hospitality Trust (TSX-V: NHT.U) ("NHT" or the "REIT") announced today that KPMG LLP ("KPMG") resigned as auditor of NHT, effective January 11, 2021. KPMG advised that it no longer met the independence requirements under applicable professional standards and, as a result, could no longer serve as NHT's auditor. NHT notes it believes there are no disagreements between management and KPMG related to NHT's accounting or financial statements.
Dec 22, 2020 03:30 pm ET
NexPoint Hospitality Trust Announces Election of Trustees
DALLAS and TORONTO, Dec. 22, 2020 /CNW/ -- NexPoint Hospitality Trust ("NHT" ) (TSX-V: NHT.U) today announced the results of its 2020 annual general meeting of unitholders (the "Meeting"). All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as trustees. Detailed results of the vote for the election of trustees held at the Meeting are set out below:
Nov 20, 2020 06:45 am ET
NexPoint Hospitality Trust Announces Third Quarter 2020 Financial Results
DALLAS and TORONTO, Nov. 20, 2020 /CNW/ -- NexPoint Hospitality Trust, ("NHT"1), (TSX-V: NHT.U) announced today the release of NHT's financial results for the three and nine months ended September 30, 2020. All amounts are expressed in U.S. dollars.
Oct 15, 2020 08:01 am ET
NexPoint Hospitality Trust Announces Settlement Agreement with Condor Hospitality Trust, Inc. and Receipt of Notice of Default from Lender
DALLAS and TORONTO, Oct. 15, 2020 /CNW/ -- NexPoint Hospitality Trust ("NHT"1) (TSX-V: NHT.U) announced today that it has entered into a settlement agreement (the "Settlement Agreement") with Condor Hospitality Trust, Inc. ("Condor") following Condor's termination of the previously announced merger agreement (the "Merger Agreement").
Sep 21, 2020 07:45 am ET
NexPoint Hospitality Trust Announces Termination Of Merger Agreement By Condor Hospitality Trust
DALLAS and TORONTO, Sept. 21, 2020 /CNW/ -- NexPoint Hospitality Trust ("NHT")(TSXV: NHT.U) announced today that Condor Hospitality Trust, Inc. ("Condor") has delivered notice of termination of the merger agreement with NHT Operating Partnership, LLC, the operating partnership of NHT, and certain affiliates of NHT, effective September 18, 2020. As a result of the termination by Condor, NHT's merger with Condor will not proceed. NHT and its affiliates refute assertions made in connection with the termination. Management of NHT is reviewing the implications of the termination and reserves all
Aug 28, 2020 04:30 pm ET
NexPoint Hospitality Trust Announces Second Quarter 2020 Financial Results
DALLAS and TORONTO, Aug. 28, 2020 /CNW/ -- NexPoint Hospitality Trust, ("NHT"1), (TSX-V: NHT.U) announced today the release of NHT's financial results for the three and six months ended June 30, 2020. All amounts are expressed in U.S. dollars.
Jul 06, 2020 04:30 pm ET
NexPoint Hospitality Trust Announces First Quarter 2020 Financial Results
DALLAS and TORONTO, July 6, 2020 /CNW/ -- NexPoint Hospitality Trust, ("NHT"1), (TSX-V: NHT.U) announced today the release of NHT's financial results for the three months ended March 31, 2020. All amounts are expressed in U.S. dollars.
May 28, 2020 07:30 pm ET
NexPoint Hospitality Trust To Postpone Reporting First Quarter 2020 Financial Results And MD&A Due To COVID-19 Related Delays
DALLAS and TORONTO, May 28, 2020 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) announced today that it will be relying on Ontario Instrument 51-502 – Temporary Exemption from Certain Corporate Finance Requirements in respect of its obligation to file its interim financial statements for the first quarter of 2020 required by subsection 4.4 of National Instrument 51-102 – Continuous Disclosure Obligations ("NI 51-102") and its interim management's discussion and analysis required by subsection 5.1(2) of NI 51-102. NHT's management expects that the first quarter 2020 financial resu
May 26, 2020 09:09 pm ET
NexPoint Hospitality Trust Announces Fiscal Year 2019 Financial Results
DALLAS and TORONTO, May 26, 2020 /CNW/ -- NexPoint Hospitality Trust ("NHT"1), (TSX-V: NHT.U) announced today the release of NHT's financial results for the twelve months ended December 31, 2019. All amounts are expressed in U.S. dollars.
Apr 29, 2020 04:15 pm ET
NexPoint Hospitality Trust To Postpone Reporting Financial Results And MD&A Due To COVID-19 Related Delays
DALLAS and TORONTO, April 29, 2020 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) announced today that it will be relying on Ontario Instrument 51-502 – Temporary Exemption from Certain Corporate Finance Requirements in respect of its obligation to file its annual financial statements required by subsection 4.2(b) of National Instrument 51-102 – Continuous Disclosure Obligations ("NI 51-102") and its annual management's discussion and analysis required by subsection 5.1(2) of NI 51-102. NHT's management expects that the annual financial statements and annual management's discussi
Mar 25, 2020 03:03 pm ET
IIROC Trading Resumption - NHT.U
VANCOUVER, March 25, 2020 /CNW/ - Trading resumes in:
Mar 25, 2020 02:56 pm ET
IIROC Trading Halt - NHT.U
VANCOUVER, March 25, 2020 /CNW/ - The following issues have been halted by IIROC:
Mar 25, 2020 02:45 pm ET
NexPoint Hospitality Trust Announces Temporary Suspension Of Quarterly Distribution
DALLAS and TORONTO, March 25, 2020 /CNW/ -- NexPoint Hospitality Trust (TSXV: NHT.U, "NHT") announced today that it is temporarily suspending its quarterly distribution payment as a result of the unprecedented operating conditions in the hospitality industry. Management believes the suspension will preserve unitholder value amid uncertainty surrounding the effects of COVID-19.
Mar 25, 2020 02:45 pm ET
NexPoint Hospitality Trust Announces Update On Acquisition Of Condor Hospitality Trust
DALLAS and TORONTO, March 25, 2020 /CNW/ -- NexPoint Hospitality Trust (TSXV: NHT.U, "NHT") provided an update today on the previously announced acquisition of Condor Hospitality Trust, Inc. ("Condor") by NHT Operating Partnership, LLC, the Operating Partnership of NHT (the "Merger"). The Merger did not close on March 23, 2020, as extended to such date at the request of NHT pursuant to the merger agreement amendment announced on March 15, 2020. The Merger was first announced on July 22, 2019. The parties remain in discussions regarding closing terms.
Mar 15, 2020 11:28 pm ET
NexPoint Hospitality Trust Announces Update On Acquisition Of Condor Hospitality Trust
DALLAS and TORONTO, March 15, 2020 /CNW/ -- NexPoint Hospitality Trust (TSXV: NHT.U, "NHT") provided an update today on the previously announced acquisition of Condor Hospitality Trust, Inc. ("Condor") by NHT Operating Partnership, LLC, the Operating Partnership of NHT (the "Merger"). NHT has requested and Condor has accommodated an extension of the closing of the Merger to March 23, 2020 from the former closing date of March 16, 2020.
Mar 03, 2020 05:25 pm ET
NexPoint Hospitality Trust Provides Update on Nashville Tornadoes
DALLAS and TORONTO, March 3, 2020 /CNW/ -- NexPoint Hospitality Trust (TSXV: NHT.U, "NHT") announced today that the Holiday Inn Express located in Nashville, TN, as of the time of this release, has not sustained any damage as a result of last night's tornadoes. NHT will provide additional updates in the event of a material change to this information.
Feb 21, 2020 04:38 pm ET
NexPoint Hospitality Trust Announces Further Update On Acquisition Of Condor Hospitality Trust
DALLAS and TORONTO, Feb. 21, 2020 /CNW/ -- NexPoint Hospitality Trust (TSXV: NHT.U, "NHT") provided an update today on the previously announced acquisition of Condor Hospitality Trust, Inc. ("Condor") by NHT Operating Partnership, LLC, the Operating Partnership of NHT (the "Merger"). In accordance with the agreement of the parties announced on January 31, 2020, NHT and Condor have agreed to further extend the closing of the Merger to March 16, 2020, subject to the satisfaction or waiver of certain remaining closing conditions.
Feb 10, 2020 11:25 am ET
NexPoint Hospitality Trust Announces Closing Of Non-Brokered Private Placement Of Trust Units
DALLAS and TORONTO, Feb. 10, 2020 /CNW/ -- NexPoint Hospitality Trust (TSX-V: NHT.U) ("NHT") is pleased to announce that it completed the non-brokered private placement offering (the "Private Placement") announced on January 30, 2020, pursuant to which certain existing unitholders of NHT (the "Subscribers") purchased an aggregate of 850,705 trust units ("Units") of NHT at a price of US$5.00 per Unit for aggregate gross proceeds of US$4,253,525. NHT intends to use net proceeds of the Private Placement for general working capital purposes.
Feb 06, 2020 02:44 pm ET
NexPoint Hospitality Trust Announces Closing Of Non-Brokered Private Placement Of Trust Units
DALLAS and TORONTO, Feb. 6, 2020 /CNW/ -- NexPoint Hospitality Trust (TSX-V: NHT.U) ("NHT") is pleased to announce that it completed the non-brokered private placement offering (the "Private Placement") announced on January 30, 2020, pursuant to which certain existing unitholders of NHT (the "Subscribers") purchased an aggregate of 850,705 trust units ("Units") of NHT at a price of US$5.00 per Unit for aggregate gross proceeds of US$4,253,525. NHT intends to use net proceeds of the Private Placement for general working capital purposes.
Jan 31, 2020 09:40 am ET
NexPoint Hospitality Trust Announces Further Update On Acquisition Of Condor Hospitality Trust
DALLAS and TORONTO, Jan. 31, 2020 /CNW/ -- NexPoint Hospitality Trust (TSXV: NHT.U, "NHT") provided an update today on the previously announced acquisition of Condor Hospitality Trust, Inc. ("Condor") by NHT Operating Partnership, LLC, the Operating Partnership of NHT (the "Merger"). NHT and Condor have agreed to extend the closing of the Merger to February 28, 2020, subject to further possible extension to March 16, 2020 and the satisfaction or waiver of certain remaining closing conditions.
Jan 30, 2020 10:37 am ET
NexPoint Hospitality Trust Announces Non-Brokered Private Placement Of Trust Units
DALLAS and TORONTO, Jan. 30, 2020 /CNW/ -- NexPoint Hospitality Trust (TSX-V: NHT.U) ("NHT") is pleased to announce that it intends to complete a non-brokered private placement offering (the "Private Placement"), pursuant to which certain existing unitholders of NHT (collectively, the "Subscribers") will purchase an aggregate of 863,512 trust units ("Units") of NHT at a price of US$5.00 per Unit for aggregate gross proceeds of US$4,317,560.
Dec 31, 2019 10:57 am ET
Early Warning News Release For James Dondero
DALLAS and TORONTO, Dec. 31, 2019 /CNW/ -- As required by National Instrument 62-103 of the Canadian Securities Administrators, James Dondero announces that on December 27, 2019, NexPoint Real Estate Opportunities LLC ("NREO"), an entity indirectly controlled by James Dondero, redeemed 13,370,573 class B units of NHT Operating Partnership, LLC, the operating partnership of NexPoint Hospitality Trust (the "REIT"), and received 13,370,573 trust units of the REIT ("Units") as consideration (the "Redemption"). Following the Redemption, NREO distributed 13,370,573 Units as a dividend to NexPoint
Dec 18, 2019 03:31 pm ET
NexPoint Hospitality Trust Announces Update On Acquisition Of Condor Hospitality Trust
DALLAS and TORONTO, Dec. 18, 2019 /CNW/ -- NexPoint Hospitality Trust (TSXV: NHT.U, "NHT") provided an update today on the previously announced acquisition of Condor Hospitality Trust, Inc. ("Condor") by NHT Operating Partnership, LLC, the Operating Partnership of NHT (the "Merger"). NHT and Condor have agreed to close the Merger on January 31, 2020, subject to the satisfaction or waiver of certain remaining closing conditions. Separately, NHT does not expect to close its previously announced public offering of subscription receipts.
Nov 25, 2019 08:26 pm ET
NexPoint Hospitality Trust Announces Third Quarter 2019 Financial Results and Declares Quarterly Distribution
DALLAS and TORONTO, Nov. 25, 2019 /CNW/ -- NexPoint Hospitality Trust, ("NHT"1), (TSX-V: NHT.U) announced today the release of NHT's financial results for the three and nine months ended September 30, 2019. Additionally, the board of trustees announced NHT's third quarterly distribution of $0.075 per outstanding trust unit ("Unit") payable on or about January 15, 2020 to unitholders of NHT ("Unitholders") as of the record date December 31, 2019. All amounts are expressed in U.S. dollars.
Nov 18, 2019 03:21 pm ET
IIROC Trading Resumption - NHT.U
VANCOUVER, Nov. 18, 2019 /CNW/ - Trading resumes in:
Nov 18, 2019 02:48 pm ET
NexPoint Hospitality Trust Announces Marketed Offering Of Subscription Receipts
DALLAS and TORONTO, Nov. 18, 2019 /CNW/ -- NexPoint Hospitality Trust (TSXV: NHT.U, "NHT") announced today that it is undertaking a marketed underwritten public equity offering (the "Offering"), in which it intends to sell a minimum of US$50 million of subscription receipts ("Subscription Receipts") under its short form base shelf prospectus dated November 15, 2019 (the "Base Shelf Prospectus"). The net proceeds of the offering will be used to partially fund the acquisition of Condor Hospitality Trust, Inc. (the "Acquisition"), which was previously announced on July 22, 2019. National Bank F
Nov 18, 2019 02:44 pm ET
NexPoint Hospitality Trust Releases Information Relating To Damage Of Property
DALLAS and TORONTO, Nov. 18, 2019 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) announced today that all 280 rooms at the Holiday Inn Express in Nashville, Tennessee ("HIX Nashville") are back in service following an unfortunate incident that caused material damage to 27 rooms and minor damage to an additional 31 rooms.
Nov 18, 2019 02:10 pm ET
IIROC Trading Halt - NHT.U
VANCOUVER, Nov. 18, 2019 /CNW/ - The following issues have been halted by IIROC:
Nov 15, 2019 04:43 pm ET
NexPoint Hospitality Trust Files Final Base Shelf Prospectus
DALLAS and TORONTO, Nov. 15, 2019 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) announced today that it has filed and obtained a receipt for its final short form base shelf prospectus (the "Shelf Prospectus"). The Shelf Prospectus was filed with the securities commissions in each of the provinces of Canada (other than Quebec).
Oct 29, 2019 07:20 am ET
NexPoint Hospitality Trust Provides Update On Acquisition Of Condor Hospitality Trust, Inc.
DALLAS and TORONTO, Oct. 29, 2019 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) provided an update today on the previously announced acquisition by merger of Condor Hospitality, Inc. ("Condor") (NYSE American: CDOR) (the "Merger"). NHT and Condor continue to actively seek to satisfy customary closing conditions. NHT expects that the Merger will be completed sometime in the fourth quarter of 2019, subject to the satisfaction of such closing conditions. As previously disclosed, shareholders of Condor approved the Merger on September 23, 2019. All references to dollar amounts herei
Oct 16, 2019 10:38 am ET
NexPoint Real Estate Advisors Provides Information on Voluntary Chapter 11 Bankruptcy Filing from Entity on Highland Capital Management Platform
DALLAS, Oct. 16, 2019 /PRNewswire/ -- NexPoint Real Estate Advisors, L.P. ("NREA") released information today on the voluntary Chapter 11 bankruptcy filing from Highland Capital Management, L.P. ("HCMLP"), an investment adviser on the Highland Capital Management platform affiliated with NREA through common ownership. HCMLP is seeking voluntary Chapter 11 protection, and filed a petition today in the United States Bankruptcy Court for the District of Delaware. The filing stems from a pending judgment that, if confirmed against HCMLP, could exceed HCMLP's liquid assets.
Sep 23, 2019 04:16 pm ET
Shareholders Of Condor Hospitality Trust, Inc. Approve Acquisition By NHT Operating Partnership, LLC
DALLAS and TORONTO, Sept. 23, 2019 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) announced today that the shareholders of Condor Hospitality Trust, Inc. ("Condor") (NYSE American: CDOR) approved the proposed acquisition by merger of Condor by NHT Operating Partnership, LLC, the operating partnership of NHT (the "Merger"). The Merger is currently expected to close during the fourth quarter of 2019, subject to the satisfaction of customary closing conditions.
Sep 13, 2019 03:44 pm ET
NexPoint Hospitality Trust Files Preliminary Base Shelf Prospectus
DALLAS and TORONTO, Sept. 13, 2019 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) announced today that it has filed and obtained a receipt for a preliminary short form base shelf prospectus with the securities commissions in each of the provinces of Canada (other than Quebec).
Aug 30, 2019 07:24 pm ET
NexPoint Hospitality Trust Announces Results of Special Meeting of Unitholders
DALLAS and TORONTO, Aug. 30, 2019 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) is pleased to announce that, at a special meeting of unitholders held this morning, disinterested holders of trust units (the "Disinterested Unitholders") approved an ordinary resolution (the "Resolution") approving a private placement to be made pursuant to an equity commitment letter entered into by NHT's operating partnership, NHT Operating Partnership, LLC, and NexPoint Advisors, L.P. ("NexPoint"), as more particularly described in NHT's management information circular dated July 31, 2019.
Aug 28, 2019 08:20 pm ET
NexPoint Hospitality Trust Announces Second Quarter 2019 Financial Results and Declares Quarterly Distribution
Solid Quarter Highlighted by Announcement of Merger Agreement with Condor Hospitality Trust, Inc.
Aug 06, 2019 06:30 am ET
NexPoint Expands Distribution Leadership with Two Senior Hires
DALLAS, Aug. 6, 2019 /PRNewswire/ -- NexPoint, a leading alternative investment platform, announced today the hire of two sales and distribution executives. With the additions of Angela Barbera, managing director and head of national accounts, and Kirby Noel, managing director and national sales manager, NexPoint expands its distribution leadership to reflect recent growth in its real estate offerings and across key retail alternative products.
Jul 31, 2019 07:08 pm ET
CONDOR HOSPITALITY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Condor Hospitality Trust, Inc. - CD
NEW ORLEANS, July 31, 2019 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Condor Hospitality Trust, Inc. (NYSE: CDOR) to NexPoint Hospitality Trust (TSXV: NHT.U). Under the terms of the proposed transaction, shareholders of Condor will receive only $11.10 in cash for each share of Condor that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Jul 26, 2019 05:30 pm ET
Nexpoint Hospitality Trust Announces Meeting And Record Date For Special Meeting
TORONTO, July 26, 2019 /CNW/ -- NexPoint Hospitality Trust ("NHT") (TSXV: NHT.U) announced today that it has scheduled a special meeting of its unitholders (the "Meeting") to consider and vote on a private placement (the "Private Placement") in connection with the previously announced acquisition of Condor Hospitality Trust, Inc. ("Condor") (NYSE American: CDOR) and Condor's operating partnership, Condor Hospitality Limited Partnership (the "Transaction"). If approved, the Private Placement will be made pursuant to an equity commitment letter (the "Equity Commitment Letter") entered into
Jul 22, 2019 07:00 am ET
NexPoint Hospitality Trust Announces Agreement to Acquire Condor Hospitality Trust, Inc.
NexPoint Hospitality Trust (TSXV: NHT.U) (“NHT”) and Condor Hospitality Trust, Inc. (NYSE American: CDOR) (“Condor”) today announced the execution of a definitive agreement (the “Merger Agreement”), under which NHT’s operating partnership, NHT Operating Partnership, LLC (“NHT OP”), will acquire all of the outstanding equity interests of Condor and its operating partnership by merger. The total consideration payable pursuant to the transaction is approximately US$318 million, which will be satisfied by a combination of cash and debt, including the assumption of certain debt.
Jul 22, 2019 07:00 am ET
NexPoint Hospitality Trust Announces Agreement To Acquire Condor Hospitality Trust, Inc.
TORONTO and BETHESDA, Md., July 22, 2019 /CNW/ -- NexPoint Hospitality Trust (TSXV: NHT.U) ("NHT") and Condor Hospitality Trust, Inc. (NYSE American: CDOR) ("Condor") today announced the execution of a definitive agreement (the "Merger Agreement"), under which NHT's operating partnership, NHT Operating Partnership, LLC ("NHT OP"), will acquire all of the outstanding equity interests of Condor and its operating partnership by merger. The total consideration payable pursuant to the transaction is approximately US$318 million, which will be satisfied by a combination of cash and debt, includ
May 30, 2019 10:30 pm ET
NexPoint Hospitality Trust Announces First Quarter 2019 Financial Results and Declares Distribution
DALLAS and TORONTO, May 30, 2019 /CNW/ -- NexPoint Hospitality Trust, ("NHT" or the "REIT"1), (TSX-V: NHT.U) announced today the release of the REIT's financial results for the three months ended March 31, 2019. Additionally, the board of trustees announced the REIT's first quarterly distribution of $0.075 per outstanding trust unit ("Unit") payable to unitholders of the REIT ("Unitholders") as of the record date June 28, 2019 on or about July 15, 2019. All amounts are expressed in U.S. dollars.
May 08, 2019 09:00 am ET
TMX Group Equity Financing Statistics - April 2019
Toronto Stock Exchange, TSX Venture Exchange
Mar 29, 2019 09:33 am ET
NexPoint Hospitality Trust Completes Initial Public Offering
TORONTO, March 29, 2019 /CNW/ -- NexPoint Hospitality Trust (the "REIT") announced today that it has completed its initial public offering of 917,700 trust units (the "Offering Units") at a price of US$5.00 per unit (the "Offering"). The Offering raised gross proceeds of US$4,588,500. The units of the REIT (the "Units") have been conditionally approved for listing on the TSX Venture Exchange (the "TSXV") and will trade under the symbol "NHT" upon the satisfaction of final listing requirements of the TSXV. Acting as agent for the Offering was Raymond James Ltd.
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