Prospect Capital's Portfolio Company Exits Crown Point Property with 19.1% IRR and 2.6x Cash-on-Cash Multiple

National Property REIT Corp., a Prospect Capital Corporation portfolio company, has sold Crown Point Apartments in Danbury, Connecticut for $151.75 million, achieving a 19.1% internal rate of return and a 2.6x cash-on-cash multiple. The company has invested in 110 real estate properties since inception and has cumulatively invested in 83 multifamily residential apartment properties, totaling 32,073 multifamily units. NPRC is a wholly owned portfolio company of Prospect Capital Corporation, a publicly traded business development company with $6.8 billion in total assets as of June 30, 2025.