Sweetwater Springs

Top1031 lists Sweetwater Springs as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.

Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

Sweetwater Springs, a 95-unit Class A townhome rental community at 1510 Duluth Highway in Lawrenceville, Georgia, in the Atlanta metro, with homes averaging 1,803 square feet. The private placement memorandum — the offering's governing disclosure document — describes approximately 7.47 acres, 95 townhome apartments in seven residential buildings, 171,271 net rentable square feet, and one leasing office. Investors buy beneficial interests in the Delaware statutory trust that holds the property, not deeded parcels of real estate.

Rent arrives in two layers. Per the private placement memorandum, the Trust leased the property to NE Sweetwater Springs Leaseco, LLC, a wholly owned subsidiary of the sponsor identified as the Master Tenant, which in turn subleases the homes to residents on ordinary apartment terms. NewStar Exchange reported the community 94% leased at closing, and Atlanta Agent Magazine reported the same figure on February 12, 2026. Those are reported figures, not audited or current measurements.

A $17,600,000 loan from NewPoint Real Estate Capital LLC under Freddie Mac's Conventional Fixed Rate Program, obtained at the February 6, 2026 acquisition according to the offering memorandum. Top1031's offering data records it as fixed at 5.10% with maturity in 2036. NewPoint publicly announced the financing on March 12, 2026. Reserves, prepayment terms, covenants and default remedies are set out in the memorandum and the loan documents.

They come from different documents. The Form D on record lists a $25,000 minimum, while the offering materials set $100,000 for Section 1031 exchange investors and $25,000 for cash investors. Top1031 preserves both as source-specific figures rather than reconciling them; the binding minimum is the one stated in the memorandum and subscription agreement.

Top1031 shows it as raising. The SEC record holds a single original Form D — the notice of an exempt offering — filed March 5, 2026, with no amendment after it, and the sponsor's own website as of August 17, 2026 listed the Trust as a current offering. Availability on any given day is a question for the sponsor or your broker-dealer.

Rule 506(c) is the private-placement exemption that permits general solicitation and advertising, which is why you may see this Trust discussed in press releases and trade publications. The trade-off is verification: the sponsor must take reasonable steps to confirm each purchaser is an accredited investor, typically through tax returns, brokerage statements, or a letter from a CPA, attorney, or registered adviser, rather than accepting a self-certification checkbox.