NewStar Exchange
5 Programs on record · filing history back to 2022 · 1 classified as raising now
newstarexchange.comPrograms on record5
First filed2022
Raising now1
Finished with published result0%
Capital-loss alertNone published
Sponsor-reported, from SEC filings and cited sources.
What the record shows
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. It sponsors Delaware Statutory Trusts backed by Class A residential communities in growing suburban Southeastern locations for accredited investors seeking 1031 exchange treatment. NEWSTAR states it was founded in 2021 by former executives of Preferred Apartment Communities, Inc., and its Georgia parent entity, NewStar Asset Management, LLC, was formed in January 2021 with an Atlanta principal office. Top1031 tracks five NewStar Exchange DST programs first filed between 2022 and 2026, including two built-to-rent trusts the sponsor reported as fully subscribed in 2024 and 2025.
Sponsor-stated figures are as reported by the sponsor.Evidence 123456
Published Grade summary
Public records track 5 Programs from this Sponsor over a 4-year span, but 0 have reached a lifecycle stage where a full-cycle outcome could be documented, and 0 are seasoned. With no Program completed, the outcome-disclosure ledger is empty: 0 figures published, 0 acknowledged without a figure, and 0 silent. The audit rests on 9 citations and shows no documented adverse events, no distress, and no recorded floor, which is not itself evidence of outcomes.
0Programs with an ending or 7+ years of history
0 of 0Programs with a documented problem
0%Finished Programs with a published result
Not foundPublishes its own track record
Raising money now
Classified active by Top1031 from the SEC filings. That does not confirm an offering is still available to buy.
SponsorPropertyOffering sizeAmount soldStatus☆
Sweetwater SpringsSEC filing, Mar 5, 2026
Amount sold: too new to show. The first SEC filing for this offering was made in the past 30 days.
Just launchedHow this Grade was computed
The four channels describe the documented public record. The published letter also applies evidence gates, ceilings, and adverse floors.
Four evidence channelsEach channel is scored from 0 to 100, then weighted under the published method.
Read the full methodHarm recordDocumented problems, weighed against everything at stake35% weight
Lifecycle outcomesHow programs old enough to finish actually ended25% weight
Market acceptanceHow each raise went against comparable offerings25% weight
Disclosure candorWhether completed programs come with published results15% weight
Weighted blend35% H + 25% L + 25% R + 15% TThe published result applies the anti-washout ceilings, evidence gates, and adverse floors below after this blend. Top1031 does not publish an intermediate score.
AProven71 and above
BEstablished61–70
CUnproven50–60
DWarning36–49
FAdverseBelow 36
NRNot ratedRecord too small or identity under review
- Ceilings
- The result cannot exceed H + 10 or L + 15, so stronger sales evidence cannot wash out a weaker harm or lifecycle record.
- Evidence gates
- A and B require minimum proof depth, lifecycle history, and channel evidence. A also requires qualifying disclosure coverage.
- Adverse floors
- An Integrity alert sets an F floor. A dominant documented capital loss or multiple independent severe events sets D or lower.
Proof depth13.8Published-outcome coverage0%
- C2026-Q3 · Moved from C. Binding constraints: proof depth below 4; fewer than 10 lifecycle-eligible Programs; H below 85.
Programs on the record
A Program is the filing-level offering record associated with this sponsor. Published-result figures are shown only with sponsor attribution and adjacent sources.
ProgramFirst filedStatusPublished outcome
Who they are
Written from SEC filings and cited sources
Platform and strategy
NEWSTAR Exchange describes itself as the investment-management arm of NEWSTAR, a vertically integrated housing company that acquires, develops, owns, and operates residential communities across the Southeastern United States 1. Its Delaware Statutory Trusts are backed by Class A residential communities in growing suburban locations across the Southeast and are made available to accredited investors seeking 1031 exchange treatment 2. NEWSTAR states that it was founded in 2021 by former executives of Preferred Apartment Communities, Inc. 1. The Georgia corporate record for NewStar Asset Management, LLC shows a domestic limited liability company formed January 11, 2021, with a principal office at 3280 Peachtree Road NE in Atlanta 3.
Program record
Top1031 tracks five NewStar Exchange DST programs, shown with first filing year: NE1 UC, DST and NE1 BTR Villages, DST (2022), NewStar 6 Tranquil Gardens BTR, DST (2023), NewStar 14 Hadley Crossing, DST (2024), and NewStar 17 Sweetwater Springs, DST (2026) 4. On August 19, 2024, NEWSTAR reported that NewStar 6 Tranquil Gardens BTR, DST had been fully subscribed, raising $19.1 million in aggregate equity investment from Section 1031 exchange investors; the Tranquil Gardens property comprised 73 newly constructed rental homes in northwest Atlanta, Georgia 5. On September 10, 2025, NEWSTAR reported that NewStar 14 Hadley Crossing, DST, a built-to-rent offering launched in December 2024, had been fully subscribed with $13.6 million in aggregate equity investment from Section 1031 exchange investors 6.
Show sources (6)Hide sources (6)
- NEWSTAR Exchange ↗Sponsor disclosure
- NEWSTAR ↗Sponsor disclosure
- ecorp.sos.ga.gov ↗Public record
- Top1031 sponsor record ↗Top1031-derived
- NEWSTAR ↗Sponsor disclosure
- NEWSTAR ↗Sponsor disclosure