NexPoint
Have an interview coming up with NexPoint in Dallas. Any insights, advice, or exit ops?
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Have an interview coming up with NexPoint in Dallas. Any insights, advice, or exit ops?
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Old Highland Capital just look it up on this forum nothing but negative comments. Run away and far away.
Thanks googled them. Emailed HR and said I was no longer interested based on my findings.
This should get fun
Well-known in the Dallas area.
Scummy reputation with well known legal issues. I echo the above to stay away.
UBS suing for $1B
https://www.offshorealert.com/ubs-securities-llc-et-al-v-james-dondero-…
Misappropriation of assets
https://www.dallasnews.com/business/local-companies/2021/10/20/highland…
Bankruptcy regarding their former parent company Highland Capital
http://www.kccllc.net/hcmlp/document/list/5015
Impeaching themselves in court & losing assets
https://casetext.com/case/highland-capital-mgmt-v-nexpoint-real-estate-…
Thanks, emailed HR and declined a further interview.
Well-Known” for what? The crappiest reputation in Dallas? For lying to the Dallas investment community about their legal woes and status of their bad investments?Nexpoint is seen as a joke in the Dallas CRE community.
The firm has been surviving on the lore of Highland success from the mid 2000s. NexPoint is a piss ant retail shop with questionable practices.
I would run far away from Nexpoint word is the founder is a nightmare to work with and his little minions who do his dirty work are twice as bad as he is.
Scheming for years to defraud UBS in a lawsuit they lost. UBS will take over NexPoint. You might say UBS taking over shop is the Nex-Point.
NexPoint’s still in business….…..
Nexpoint employee here. Firm has had some turnover/firings of long time employees. If you want job stability Nexpoint is not the place Jim just fired a long time right hand man with no warning or reason. He will fire anyone and everyone because it’s Tuesday.
The absolute best part of Nexpoint is the drama and gossip. This place is high school all over again without having to be in high school. Nobodies personal life is safe at Nexpoint. Divorces, affairs, dating, alcoholism, lawsuits, dramatic coworkers. Nothing is secret at Nexpoint. It’s better than a sitcom.
Culture is weird but we have hired lots of new guys in the past 18 months at below market wages trying to rebrand.
Legal issues are present and whispers are everywhere internally. Everyone is always on edge about the future. $90m+ in demand notes, $1.5B to UBS, & god knows what else. These issues will take years to resolve so I’m not concerned in the short term. I personally do not think Nexpoint will or can survive in the long term it’s a kick the can and if you lose appeal and appeal that appeal. Half of us are waiting for the doors to be locked in the mornings the other half are just sucking the tit.
We are not oblivious to the situation and knows it’s grim. We are overlevered and only have the mutual funds and dsts keeping the lights on. We have a few joint ventures with some operators but let’s be real there is a reason they accept funding from us because they can’t get it from anyone else and most are unsophisticated. I’ll leave it at that but they made a deal with the devil.
All of our cash from the mutual funds not sure how long that ship can sail. RJ cut off our selling agreement at one point.
We all anticipate collecting unemployment in the future but we got a decent runway to suck that tit dry and watch the drama unfold.
You’re either in the back office or asset management group of the RE team lol. Either way your jaded opinion is laughable
should look at quitting if you hate it so much, never understood why people take the time to create counts to post on this site bashing their current employer but show up to work every day with a smile on their face
Touch grass bud
I work at NexPoint and I can confirm it suck’s ass. The place is gossip girls. We can’t raise institutional money only retail and for good reason. People snicker and laugh when they find out you work at NexPoint. Let’s be real the culture sucks and the bad reputation is the cause of multiple bad decisions over three decades and juveniles running day to day operations. The people who proclaim to be leaders break the rules, show up late, leave early, but want to enforce the rules. Give me a break this place is mismanaged and the bad press doesn’t help. The top performers get fed up and quit and they are replaced internally by weak performers who perpetuate the crappy culture.
Why quit when I can just suck the tit, collect a pay check, and do nothing all day it’s great. Myself and many others do nothing all day. I put on a smile take their money but I have zero respect for anybody at Nexpoint in a leadership role.
You wonder why this firm has a bad reputation. Look at the amount of people that have left? Anyone ever left happy? A senior leader left in late 2024 and trashed the place at a happy hour. Told us all the place is a shit show and anybody worth a damn leaves.
I went to our counsel's office one time, in Crescent Court in Dallas, TX, and at least three different people separately mentioned how big of a clown show the NexPoint team is.
Thanks guys for the feedback and messages. Great call! Ended up in brokerage ironically worked in a deal NexPoint tried to acquire. Those guys have no clue what they are doing it’s pretty sad and funny.
I would stay as far away as possible. I know their “industrial partner” in FL really well. They tried to make an offer on a deal we were marketing. Talking non stop crap about Nexpoint. Mainly how dumb the guys who work there are. Bad mouthed the attorney they deal who they say is a complete moron and their acquisition guy has zero CRE experience. They said they know Nexpoint is going to lose all their assets and all be unemployed after UBS bends them over.
Thank god I didn’t take it. Their mutual funds are utter crap. They trade at a deep discount to NAV for a reason. Shocked they are in business.
My boss is skeptical of anything nexpoint does. They are just shady and probably for a reason…
I know their industrial parent Basis they are out of Boca. I’m close with them. They have echoed multiple times that Nexpoint is a joke. They constantly say they are a pain in the ass to deal with and not worth the hassle. They are out trying to find a new capital partner.
Glad you turned it down I have heard nightmares about that place from their own partners and in the industry. I know Basis their industrial partner. I will echo their opinion of Nexpoint is lower than dirt. They complain that NexPoint is a bigger pain in the ass than they are worth. You know it’s bad when your partner calls you FraudPoint.
Didn’t they get a huge refinance from JP Morgan? They are on the clo lists with low dscrs
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