Core Insights - NexPoint Residential Trust, Inc. (NXRT) reported a net loss of $7.8 million for Q3 2025, a slight improvement from a net loss of $8.9 million in Q3 2024 [3][9] - The company maintained its full-year guidance and announced a quarterly dividend increase of 3.9% to $0.53 per share, marking a 157.3% increase since inception [3][33] - Total revenues for Q3 2025 were $62.8 million, down from $64.1 million in Q3 2024, while year-to-date revenues decreased to $189.2 million from $195.9 million [9][3] Financial Performance - For Q3 2025, Funds from Operations (FFO) were $15.9 million, Core FFO was $17.7 million, and Adjusted FFO (AFFO) was $20.2 million, showing slight variations compared to the previous year [3][9] - Year-to-date FFO totaled $50.2 million, Core FFO was $54.8 million, and AFFO reached $62.1 million, all reflecting a decrease from the same period in 2024 [3][9] - Net loss for the nine months ended September 30, 2025, was $21.7 million, compared to a net income of $28.0 million for the same period in 2024 [3][9] Operational Metrics - Occupancy rates for Same Store properties decreased by 130 basis points, with total revenue and Net Operating Income (NOI) both declining by 0.6% and 0.5%, respectively, for the nine months ended September 30, 2025 [3][9] - The average effective rent per unit across all properties was $1,497, with a physical occupancy rate of 93.6% as of September 30, 2025 [3][9] - The company completed 365 upgrades in Q3 2025, achieving an average monthly rent premium of $89 and a 21.3% return on investment [3][9] Debt and Financing - NXRT entered into a $200 million revolving credit facility with J.P. Morgan Chase Bank on July 11, 2025 [3][9] - Total mortgage debt stood at $1.5 billion as of Q3 2025, with a leverage ratio of 65% [26][9] Future Guidance - The company provided guidance for the full year 2025, projecting a net loss of $33.6 million and FFO attributable to common stockholders of $64.4 million [28][9] - The mid-point estimate for Core FFO per diluted share is projected at $2.75 for the year ended December 31, 2025 [29][9]

Core Viewpoint - NexPoint Residential Trust, Inc. announced a dividend increase of 3.9% per share, reflecting strong financial performance and commitment to returning value to shareholders [1]. Group 1: Dividend Announcement - The board of directors approved a dividend of $0.53 per share, payable on December 31, 2025, to stockholders of record on December 15, 2025 [1]. - This dividend represents a 3.9% increase over the previous quarter's dividend per share [1]. - Since its inception in 2015, the dividend has increased by 157.3% [1]. Group 2: Company Overview - NexPoint Residential Trust is a publicly traded real estate investment trust (REIT) listed on the New York Stock Exchange under the symbol "NXRT" [2]. - The company focuses on acquiring, owning, and operating middle-income multifamily properties with "value-add" potential in large cities and suburban areas, primarily in the Southeastern and Southwestern United States [2]. - NexPoint Residential Trust is externally advised by NexPoint Real Estate Advisors, L.P. [2].

香港9月私人住宅售价指数按月升约1.3% 中新社香港10月28日电 (记者 魏华都)香港特区政府差饷物业估价署28日公布，2025年9月私人住宅售价 指数为292.5点，按月升约1.3%，连升4个月。 10月28日，香港特区政府差饷物业估价署公布，2025年9月私人住宅售价指数为292.5点，按月升约 1.3%，连升4个月。图为香港九龙一带的住宅房屋资料图。 中新社记者 李志华 摄 利嘉阁地产研究部主管陈海潮表示，9月楼价持续上升，主要反映8月中旬至9月上旬整体楼市气氛良 好，再配合港股造好，加上预期美联储可能降息，均利好楼市量价齐升，且升幅较预期更快。 展望第四季，陈海潮相信，该季度内有两次降息机会，整季楼价或可平稳上升。 数据显示，今年9月私人住宅租金指数为200点，按月升0.2%，连升10个月。陈海潮认为，目前租金指 数与2019年8月200.1点的历史高位相差不大，10月租金指数有望破顶。(完) 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 ...

在如今房价居高不下的市场环境下，购房置业无疑是人生中的一件大事。面对市场上琳琅满目的房源， 购房者常常会在毛坯房和精装房之间犹豫不决。究竟哪种选择更划算？一位业内人士的分析或许能给您 带来一些启发，甚至让不少人感叹买早了！ 对于大多数购房者而言，房子的选择不外乎两种：一种是需要自行设计的毛坯房，另一种则是省时省力 的精装房。那么，这两种房型各有哪些优缺点呢？ 先来说说精装房。对于忙碌的上班族来说，时间无疑是最宝贵的。选择精装房最大的优势在于省去了繁 琐的装修过程，可以实现真正的"拎包入住"。这无疑大大节省了时间和精力，免去了与装修队周旋的烦 恼。然而，精装房也存在一些不容忽视的弊端。首先，千篇一律的装修风格缺乏个性化，难以满足购房 者对家居环境的独特需求。更令人担忧的是，开发商的装修质量难以保证，存在偷工减料的风险，这无 疑给购房者带来了潜在的经济损失和安全隐患。 再来看看毛坯房。毛坯房的最大优势在于高度的自由性和个性化。购房者可以根据自己的喜好和需求， 打造独一无二的家居空间。从设计风格到材料选择，一切都由自己掌控，充分展现个人品味。然而，毛 坯房的装修过程也充满了挑战。漫长的装修周期不仅需要投入大量的时间 ...

Core Viewpoint - The article emphasizes the importance of selecting the right floor in high-rise residential buildings, focusing on the principle of "Three Musts and Two Avoids" to enhance living comfort and avoid common pitfalls in property selection [3][11]. Group 1: External Factors in Property Selection - The choice of a residence should consider both internal and external factors, with essential amenities significantly enhancing living convenience [4]. - It is advisable to avoid locations near factories, gas stations, elevated highways, and high-voltage power lines, as these can negatively impact health [4]. Group 2: Floor Selection Principles - The article debunks common myths about floor selection, such as avoiding floors with unlucky numbers and the so-called "dust layer" myth, which lacks scientific basis [6][7]. - The "Three Musts" principle includes: 1. **Golden Floors**: For those preferring high floors, it is recommended to choose between 1/3 to 2/3 of the total floors for optimal light, ventilation, and views. For a 33-story building, floors 12-22 are considered golden [8]. 2. **Special Units**: If budget allows, consider ground floors with gardens or top floors with attics, as these unique features can enhance living space despite potential drawbacks [8]. 3. **Lower Floors**: For families with elderly or young children, selecting lower floors (4-10) is advisable for easier access, especially in case of elevator outages [9]. Group 3: Floors to Avoid - The "Two Avoids" principle includes: 1. **Equipment Floors**: These floors house operational equipment and can generate noise and vibrations, negatively affecting comfort, especially at night [10]. 2. **Waistline Floors**: These are decorative floors that can obstruct light and ventilation, and may also suffer from water accumulation, leading to aesthetic and comfort issues [10]. Conclusion - Selecting the right floor is crucial for a comfortable living experience, and adhering to the "Three Musts and Two Avoids" principle can help buyers find their ideal home [11].

但如果从性价比的角度来考虑，一楼的房子其实优势明显。很多开发商为了吸引顾客，会赠送一楼住户一个小花园，有些甚至还附带地下室，这样算下来， 价格就非常划算了。当然，购房者在选择时会综合考虑各种因素。比如，家里有老人或小孩的家庭，出行便利性就显得尤为重要。选择一楼，无疑可以省去 爬楼梯或等电梯的麻烦，尤其是对于那些居住人口密度较高的小区来说，上下班高峰期电梯拥挤的情况时有发生，选择一楼就能完美避开这些困扰，大大节 省时间。而且，一楼的环境往往也更加贴近自然，闲暇时可以在自家花园里散步，呼吸新鲜空气，享受惬意的生活。 多年从事房产销售的朋友悄悄告诉我，原来那些经济实力雄厚的人，在购房时往往更青睐于一楼的住宅。听他这么一说，我不禁有些后悔当初的选择了。毕 竟，对于大多数人而言，买房是人生中的一件大事，倾注了多年的积蓄和辛勤的汗水。拥有一套属于自己的房子，才能更好地规划未来，才能更有底气地为 爱的人筑造一个温馨的家。因此，在选房的时候，一定要多方了解，谨慎选择，避免日后留下遗憾。 很多人在选房时，总是倾向于选择中间或较高的楼层，而往往将一楼和顶楼排除在外。的确，在同一栋楼里，顶楼和一楼的房价通常是最便宜的，原因也很 简 ...

Core Insights - The current market presents a unique opportunity for international deep value investing, with significant discounts in international stocks compared to U.S. equities, particularly in Europe and Asia [2][4][5] Valuation Discrepancies - As of late 2025, international stocks are trading at their steepest discount to U.S. equities in over two decades, with the MSCI EAFE Index at approximately half the forward price-to-earnings multiple of the S&P 500 [2][4] - The deep-value segment of international markets is in the bottom decile of historical valuations, indicating extraordinary cheapness [4][5] Market Dynamics - A decade of U.S. market dominance has led to skepticism towards international markets, despite their current undervaluation [5][6] - The Federal Reserve's interest rate policies have strengthened the dollar, making international assets less attractive, but this creates opportunities as the dollar normalizes [6][7] Investment Strategy - The value factor, which involves buying companies at a discount to their intrinsic worth, has historically delivered superior returns, especially when combined with international diversification [8] - An asset-based approach is crucial for identifying deep value opportunities, focusing on companies trading below the value of their actual assets [9][10] Regional Opportunities - Europe is experiencing a structural change with increased infrastructure and defense spending, creating opportunities in construction materials and industrial sectors [13] - Japan's corporate governance reforms are leading to improved capital allocation and shareholder returns, unlocking previously ignored value [14] - Emerging markets, particularly Brazil and India, present extraordinary value despite current challenges [15] Specific Company Examples - LEG Immobilien SE operates in the German residential housing market, benefiting from a structural housing shortage and maintaining strong financial performance [22][23][24] - Aida Engineering Ltd is positioned to capitalize on the transition to electric vehicles and fuel cell technology, trading at a valuation that reflects stagnation rather than growth [29][34] - KNOT Offshore Partners LP operates specialized shuttle tankers with contracted cash flows, trading at a valuation that suggests significant undervaluation [39][45] Historical Context - Historical patterns indicate that periods of deep value underperformance often precede substantial returns for value investors [20][50] - Current market conditions resemble past cycles where undervalued, fundamentally sound businesses eventually gained recognition [55][58]

Core Insights - Century Communities, Inc. has launched new homes under its Century Complete brand in Valparaiso, Indiana, with prices starting from the mid $300s [1][4] - The company is recognized as a leader in online home sales and has been featured in Newsweek's lists of America's and the World's Most Trustworthy Companies [1][8] - The new community, Timberland Farms, offers modern two-story floor plans with various premium features and is located near several amenities, including Valparaiso University and Indiana Dunes National Park [3][6] Company Overview - Century Communities, Inc. is one of the largest homebuilders in the U.S., operating in 16 states and over 45 markets [8] - The company provides a comprehensive range of services, including home construction, marketing, and sales, as well as mortgage and insurance services through its subsidiaries [8] - The mission of the company is to build attractive, high-quality homes at affordable prices, aiming to provide "A HOME FOR EVERY DREAM" [8] Product Offering - Timberland Farms features two-story floor plans with up to 5 bedrooms and sizes reaching 2,180 square feet [6] - Homes include modern amenities such as quartz countertops, stainless-steel appliances, and luxury wood-look flooring [6] - The community is designed to appeal to a wide range of homebuyers, with options for private studies, flex spaces, and game rooms [2][6] Location and Accessibility - Timberland Farms is situated in a small-town environment with convenient access to urban and outdoor amenities [3] - The community is zoned for the highly rated Duneland School Corporation, enhancing its appeal to families [3] - The location is approximately 20 miles from Gary and 50 miles from Chicago, providing a balance of suburban living with city accessibility [6] Online Homebuying Experience - Century Complete offers an industry-first online homebuying process, allowing buyers to purchase homes 24/7 while still working with local real estate agents [5][11] - The online process includes steps such as filling out a Buy Online form and electronically signing contracts, streamlining the homebuying experience [11]

Core Insights - The choice of floor in a residential building significantly impacts living experience, with specific floors being favored for their unique advantages [1][3]. Group 1: Preferred Floor Selection - A simple formula for selecting a floor is "total number of floors divided by two, plus one," which typically points to the middle-upper section of the building [3]. - Higher floors help avoid noise disturbances from nearby commercial areas, while lower floors may suffer from noise issues [3]. - Low floors can have poor lighting and drying conditions, while very high floors may experience excessive dust due to high air flow [5]. Group 2: Comfort and Convenience Balance - Another guideline suggests choosing floors that are above one-third and below two-thirds of the total number of floors, which generally provides good lighting and air circulation while avoiding humidity issues common in lower floors [7]. - These mid-range floors also offer convenience for daily commuting, making it manageable to walk up in case of elevator failure [7]. Group 3: Floors to Avoid - Top floors are prone to water leakage issues, especially if property management is inadequate, leading to potential long-term problems for residents [11]. - Waistline floors often have smaller window areas, resulting in reduced indoor lighting, and are at risk of water accumulation if waterproofing is not properly managed [11]. - Elevated ground floors, while perceived as a solution to dampness, can be colder due to lack of insulation from below, making them less comfortable than standard second floors [12].

11层的独特魅力：实惠与便捷的结合 首先，11层最吸引人的地方莫过于其价格优势。通常情况下，开发商会将楼盘的中间楼层，例如16层左 右，作为基础定价层。随着楼层的升高，价格也随之攀升，18层至23层往往是整栋楼中最昂贵的"黄金 楼层"。以某31层高层住宅为例，20层的单价高达31003元/平方米，而1楼的最低价为27603元/平方米， 两者相差3400元/平方米，这意味着不同楼层之间的价差可能达到10%。因此，11层相对较低的楼层， 在价格上无疑更具竞争力。 其次，11层的居住便利性不容忽视。回想起童年，住在三四层楼的朋友，只需几步便能奔下楼与小伙伴 玩耍。如今，高楼林立，相比于20层以上的楼层，11层对于家中有老人和小孩的家庭来说，上下楼更加 方便快捷。此外，电梯的可靠性也是一个考量因素。电梯在投入使用5到10年后，是故障的高发期。虽 然不常见，但一旦发生，11层的住户受到的影响远小于高楼层的住户。试想一下，爬22层和爬46层，哪 个更耗费体力？显而易见，较低的楼层在面对电梯意外时，更加从容。 在高耸入云的32层建筑中，选择11层还是23层，这无疑是许多购房者心中的一个"世纪难题"。正如俗语 所说，"一千个 ...