Investment Strategy
About Us
NPRC is a yield-oriented REIT seeking assets that deliver strong current cash flow. Since 2012, NPRC and its predecessors have invested more than $1.3 billion of equity alongside established operating partners in 110 properties, with a particular focus on broadly-tenanted properties including multifamily and student housing properties in the United States.
NPRC is a portfolio company of Prospect Capital Corporation (NASDAQ: PSEC), a publicly-traded investment firm with $7.9 billion(1) in capital under management as of March 31, 2024.
For more information, visit www.prospectstreet.com.
(1) Total assets as of 3/31/2024.
Asset Type
NPRC has a sector-based investment strategy where occupancy risk is mitigated by a diverse tenant base:
►Multifamily: Class B properties in secondary and tertiary markets with value add potential
►Other: Self-storage, student housing, senior housing, skilled nursing, assisted living, and rehabilitation centers
Established property/asset management companies with:
►Capital available to co-invest
►Confirmed track record of producing strong investor returns relative to benchmarks