NewStar Exchange
DST sponsorfirst SEC filing 2022newstarexchange.com
Counted by Top1031 from SEC Form D filings · updated Oct 15, 2026 · Record Card evaluated Oct 12, 2026
0 completed sales; 0 losses or impairments; 0 counted Programs. Fewer than three counted Programs.
NewStar Exchange has sponsored five Delaware Statutory Trust (DST) programs found in SEC Form D filings since 2022, most often multifamily properties. Today its SEC filings show one active offering; the newest was first filed on Mar 5, 2026.
NewStar Exchange DST offerings (1 active)
Active means an SEC filing in the last 15 months and not reported fully subscribed. It does not confirm you can still invest.
Ask a specialist about these offeringsNewStar Exchange Record Card
NewStar Exchange
0 completed sales; 0 losses or impairments; 0 counted Programs. Fewer than three counted Programs. NR is not a failing grade. A letter needs 3 counted outcomes or 3 documented sales.
Completed sales 0Losses or impairments 0Counted Programs 0
Of 5 Programs, 0 count toward the Grade: 0 completed sales and 0 losses or impairments. The lines below describe all Programs, including those outside the Grade count.
- Programs found in SEC fundraising filings (Form D)
- 5
- Share of programs over 3 years old whose status we confirmed
- 50%
How does NewStar Exchange build its deals?
From one of NewStar Exchange’s offering documents (Feb 2026). These are the sponsor's own tables, not the Record Card's counts above.
- How complete is the track record in its offering documents?
- Record with gaps
Disposition results cover only the last five years.
- How often did past exits return less than investors put in?
- Not shown in its offering documents
- How many current programs pay less than the sponsor projected?
- Not shown in its offering documents
- Can its affiliate buy investors out?
- No, in the 1 offering reviewed
- Does its own master tenant pay the rent?
- Yes, in the 1 offering reviewed
- Can investors remove the manager?
- Only for cause, in the 1 offering reviewed
About NewStar Exchange
NewStar Exchange is the investment-management arm of NEWSTAR, a vertically integrated housing company that acquires, develops, owns, and operates residential communities across the Southeastern United States. NewStar Asset Management launched the platform on April 25, 2022, announcing at the same time the acquisition of the University Commons build-to-rent community on behalf of NE1 UC, DST. The sponsor structures Delaware Statutory Trusts holding Class A Southeastern residential communities for accredited investors completing Section 1031 exchanges. It reported NewStar 6 Tranquil Gardens BTR, DST fully subscribed at $19.1 million in August 2024, and NewStar 14 Hadley Crossing, DST fully subscribed at $13.6 million in September 2025.
Sponsor-stated figures are as reported by the sponsor.Sources: newstarexchange.com · Web page · Undated · prnewswire.com · Press release · 2022 · newstarexchange.com · Web page · Undated · Top1031 sponsor record · prnewswire.com · Press release · 2024 · newstar-am.com · Web page · 2024 · +3 more
Program record
Top1031 tracks five NewStar Exchange DST programs: NE1 UC, DST; NE1 BTR Villages, DST; NewStar 6 Tranquil Gardens BTR, DST; NewStar 14 Hadley Crossing, DST; and NewStar 17 Sweetwater Springs, DST 4. On August 19, 2024, NewStar Exchange reported that NewStar 6 Tranquil Gardens BTR, DST — the platform's third 1031 exchange Delaware Statutory Trust offering, holding a newly constructed build-to-rent community in Atlanta, Georgia — was fully subscribed, having raised $19.1 million in aggregate equity from Section 1031 exchange investors 5.
Sponsor material dated December 2024 reports the acquisition of Hadley Crossing by Stella Homes in Charlotte on behalf of Newstar 14 Hadley Crossing, DST, alongside a Delaware Statutory Trust offering for accredited investors seeking Section 1031 exchanges 6. A September 11, 2025 publication of the sponsor's announcement by Preferred Capital Securities reported that offering fully subscribed with $13.6 million in aggregate equity after launching in December 2024 7. NEWSTAR's past-offerings page marks the program OFFERING CLOSED SEPTEMBER 2025 and describes the asset as a single-family build-to-rent community in the Charlotte, North Carolina MSA 8.
Atlanta acquisition, February 2026
In a February 9, 2026 release, NEWSTAR Exchange said it had acquired Sweetwater Springs, a newly constructed Class A townhome apartment community in Atlanta, Georgia, and launched Newstar 17 Sweetwater Springs, DST for accredited investors seeking like-kind exchanges under IRC Section 1031. The release describes 95 two-, three-, and four-bedroom homes averaging 1,803 square feet, with construction completed in 2025 and the community 94% leased at closing. Boone DuPree said in the same release that the platform had evaluated more than 200 acquisition opportunities since launching in 2022 and closed on four properties through the end of 2025 9.
Show sources (9)Hide sources (9)
- newstarexchange.com · Web page · Undated ↗ Sponsor disclosure
- prnewswire.com · Press release · 2022 ↗ Sponsor disclosure
- newstarexchange.com · Web page · Undated ↗ Sponsor disclosure
- Top1031 sponsor record ↗
- prnewswire.com · Press release · 2024 ↗ Sponsor disclosure
- newstar-am.com · Web page · 2024 ↗ Sponsor disclosure
- pcsalts.com · Web page · 2025 ↗ Sponsor disclosure
- newstar-am.com · Web page · 2025 ↗ Sponsor disclosure
- prnewswire.com · Press release · 2026 ↗ Sponsor disclosure
NewStar Exchange track record (5 programs)
Every program found in SEC Form D filings. Programs with a reported result are listed first, then the rest by first filing year. Each row links to its SEC filings.
NewStar Exchange news
More NewStar Exchange coverage (12)
Questions about NewStar Exchange DSTs
- Does NewStar Exchange have DST offerings available now?
- NewStar Exchange’s SEC filings show one active DST offering, with a stated offering size of $21.8M. Active means an SEC filing in the last 15 months and not reported fully subscribed. It does not confirm you can still invest. The newest was first filed on Mar 5, 2026.
- How many DST programs has NewStar Exchange sponsored?
- Top1031 found five NewStar Exchange programs in SEC Form D filings. The first was filed in 2022. Each is listed in the track record on this page with a link to its SEC filings.
- What kind of property does NewStar Exchange put in its DSTs?
- Of the five NewStar Exchange offering records on Top1031, five are multifamily.
- What results has NewStar Exchange published for its DSTs?
- On its Record Card, none of its five programs sold with a result reported by the sponsor yet. Sponsor-stated figures are as reported by the sponsor; Top1031 does not compute or estimate returns.
- How do I ask about NewStar Exchange offerings?
- Use the “Ask a specialist about these offerings” button at the top of NewStar Exchange’s offerings list on this page. Top1031 is not a broker-dealer or investment adviser and does not provide tax, legal, or investment advice.
Answers are generated from the counts on this page and change when the record changes.
Other multifamily DST sponsors
What can I do next?
Use the record as a starting point. Compare the current offerings or save them to your Watchlist.

