NexPoint Residential Trust, Inc. announced that Arthur Laffer and James Dondero have been appointed as members of its board of directors. Mr. Laffer was also appointed Chairman of the Compensation Committee, and Mr. Dondero was appointed Chairman of the Board. Dr. Laffer was previously a consultant to Secretary of the Treasury William Simon, Secretary of Defense Donald Rumsfeld, and Secretary of the Treasury George Shultz.

James Dondero serves as the Company's President. He is also the co-founder and president of Highland Capital Management, L.P., founder and president of NexPoint Advisors, L.P. and chairman of NexBank, an affiliated bank that is majority owned by Mr. Dondero.