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Sponsors/NewStar Exchange
NewStar Exchange logo

NewStar Exchange

DST sponsor · first SEC filing 2022 · newstarexchange.com ↗

Active offerings1 →Offering size $21.8MPrograms on record5 →SEC Form D filings
First filed2022Earliest Form D on record
Property focusMultifamily 100%5 of 5 with a stated type

Counted by Top1031 from SEC Form D filings · updated Oct 15, 2026 · Record Card evaluated Oct 12, 2026

Sponsor Record Card
NR
NR · Not rated

0 completed sales; 0 losses or impairments; 0 counted Programs. Fewer than three counted Programs.

Completed sales: 0
Lost or impaired 0 · Counted Programs 0
See the full cardRead the method

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.

1Offerings 12Record Card3Deal practices4About5Track record 56News7Questions8Similar sponsors
Offerings 1Record CardPracticesAboutTrack record 5NewsQuestionsSimilar sponsors
On this sponsor page
  1. 1Offerings 1
  2. 2Record Card
  3. 3Deal practices
  4. 4About
  5. 5Track record 5
  6. 6News
  7. 7Questions
  8. 8Similar sponsors
  9. 9Next step

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 offerings
OfferingOffering sizeMinimumAmount soldFirst filedWatchlist
Sweetwater SpringsMultifamily · Lawrenceville, GASEC filing, Mar 5, 2026 ↗
$21.8M$25,000
Filed Mar 5, 2026
None reported
Mar 5, 2026

Open NewStar Exchange in the directory →

NewStar Exchange Record Card

Top1031 Sponsor Record Card

NewStar Exchange

How this letter was decided
NR
NR · Not rated

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.

No documented loss found in searched sources as of Oct 12, 2026.

Programs found in SEC fundraising filings (Form D)
5
Sold, result reported by the sponsor
0
Sold, result not reported by the sponsor
0
Sold according to the sponsor, not yet verified by us
0
Moved into a REIT instead of sold
0
Lost investors' money, or capital at documented risk
0
Older than 7 years, confirmed still operating
0
Older than 7 years, no public outcome found
0
No outcome recorded · under 7 years
5
Share of programs over 3 years old whose status we confirmed
50%

If we missed a sale, a reported result or a public record, send it. Evidence changes a Grade.

Submit a correction ↗

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.

Deal terms · free account

How complete is the track record in its offering documents?
Full record, losses includedFull record, no completed exits yetRecord with gapsSelected results onlyNo results tableRecord with gaps

Disposition results cover only the last five years.

Full record, losses includedFull record, no completed exits yetRecord with gapsSelected results onlyNo results table
How often did past exits return less than investors put in?
Under 5% of the 10–49 exits in its tablesUnder 5% of the 50+ exits in its tables5–15% of the 10–49 exits in its tables5–15% of the 50+ exits in its tables15% or more of the 10–49 exits in its tables15% or more of the 50+ exits in its tablesNot shown in its offering documentsNot shown in its offering documents
Under 5% of the 10–49 exits in its tablesUnder 5% of the 50+ exits in its tables5–15% of the 10–49 exits in its tables5–15% of the 50+ exits in its tables15% or more of the 10–49 exits in its tables15% or more of the 50+ exits in its tablesNot shown in its offering documents
How many current programs pay less than the sponsor projected?
Under 20% of the 10–49 programs in its tablesUnder 20% of the 50+ programs in its tables20–40% of the 10–49 programs in its tables20–40% of the 50+ programs in its tables40% or more of the 10–49 programs in its tables40% or more of the 50+ programs in its tablesNot shown in its offering documentsNot shown in its offering documents
Under 20% of the 10–49 programs in its tablesUnder 20% of the 50+ programs in its tables20–40% of the 10–49 programs in its tables20–40% of the 50+ programs in its tables40% or more of the 10–49 programs in its tables40% or more of the 50+ programs in its tablesNot shown in its offering documents
Can its affiliate buy investors out?
Yes, in the 1 offering reviewedNo, in the 1 offering reviewedNo, in the 1 offering reviewed
Yes, in the 1 offering reviewedNo, in the 1 offering reviewed
Does its own master tenant pay the rent?
Yes, in the 1 offering reviewedNo, in the 1 offering reviewedYes, in the 1 offering reviewed
Yes, in the 1 offering reviewedNo, in the 1 offering reviewed
Can investors remove the manager?
Only for cause, in the 1 offering reviewedNo, in the 1 offering reviewedOnly for cause, in the 1 offering reviewed
Only for cause, in the 1 offering reviewedNo, 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 disclosureApr 25, 2022
  • newstarexchange.com · Web page · Undated ↗ Sponsor disclosure
  • Top1031 sponsor record ↗
  • prnewswire.com · Press release · 2024 ↗ Sponsor disclosureAug 19, 2024
  • newstar-am.com · Web page · 2024 ↗ Sponsor disclosureDec 1, 2024
  • pcsalts.com · Web page · 2025 ↗ Sponsor disclosureSep 11, 2025
  • newstar-am.com · Web page · 2025 ↗ Sponsor disclosureSep 1, 2025
  • prnewswire.com · Press release · 2026 ↗ Sponsor disclosureFeb 9, 2026
Written from SEC filings and cited sources · Updated Sep 2, 2026

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.

Filter by Record Card line
ProgramResult on recordCounted asFiling
NewStar 17 Sweetwater Springs, DSTFirst filed 2026No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
NewStar 14 Hadley Crossing, DSTFirst filed 2024No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
NewStar 6 Tranquil Gardens BTR, DSTFirst filed 2023No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
NE1 BTR Villages, DSTFirst filed 2022No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗
NE1 UC, DSTFirst filed 2022No sponsor-reported figure
No outcome recorded · under 7 years
SEC filings ↗

NewStar Exchange news

  1. Mar 12, 2026

    NewPoint Real Estate Capital Provides $17.6 Million Freddie Mac Loan for Acquisition of Sweetwater Springs in Lawrenceville, Georgia

    NewPoint Real Estate Capital ↗

  2. Feb 20, 2026

    NewStar Exchange Acquires Class A Multifamily Community in Atlanta - Metro Atlanta CEO

    Metro Atlanta CEO ↗

  3. Feb 9, 2026

    NewStar Exchange Acquires Class A Multifamily Community in Atlanta, Georgia and Launches New 1031 Delaware Statutory Trust Offering

    PR Newswire ↗

    Also covered by 4 outlets
    • Yahoo Finance ↗
    • AltsWire ↗
    • Atlanta Agent Magazine / PR Newswire (NEWSTAR Exchange) ↗
    • Multifamily Leadership ↗
More NewStar Exchange coverage (12)
  1. Sep 10, 2025

    NewStar Exchange Fully Subscribes $13.6 Million Built-to-Rent DST Offering

    AltsWire ↗

    Also covered by 1 outlet
    • NewStar Asset Management (sponsor site) ↗
  2. Aug 6, 2025

    NEWSTAR Expands Charlotte BTR Footprint

    Multi-Housing News ↗

  3. Dec 19, 2024

    NewStar Exchange Acquires Newly Constructed Built-to-Rent ("BTR") Community in Charlotte, North Carolina and Launches New 1031 Delaware Statutory Trust Offering

    NewStar Asset Management (via PR Newswire) ↗

    Also covered by 1 outlet
    • NewStar Asset Management (sponsor newsroom) ↗
  4. Dec 19, 2024

    NewStar Exchange Launches $14 Million DST Offering on Behalf of Charlotte, N.C., Asset

    AltsWire ↗

  5. Aug 19, 2024

    NewStar Exchange Fully Subscribes DST Offering for Newly Constructed Built-to-Rent ("BTR") Community in Atlanta, Georgia

    PR Newswire (NewStar Asset Management) ↗

  6. Sep 19, 2023

    NewStar Asset Management picks up Woodstock BTR subdivision

    Atlanta Agent Magazine ↗

  7. Sep 13, 2023

    NewStar Exchange Acquires Newly Constructed Built-to-Rent (BTR) Community in Suburban Atlanta and Launches New 1031 Delaware Statutory Trust Offering

    PR Newswire (NewStar Asset Management) ↗

    Also covered by 1 outlet
    • AltsWire ↗
  8. Jun 22, 2023

    NewStar Announces Charlotte, North Carolina Single Family Rental Subdivision Hadley Crossing by Stella Homes

    NewStar Asset Management (via PR Newswire) ↗

  9. Jun 22, 2022

    NewStar Exchange Buys Orlando-Area BTR Community

    Multi-Housing News ↗

  10. Jun 21, 2022

    NewStar Exchange Announces Acquisition of Newly Constructed Built-to-Rent (BTR) Community in The Villages, Florida

    PR Newswire ↗

  11. Apr 28, 2022

    NewStar purchases Gainesville single-family community

    Atlanta Agent Magazine ↗

  12. Apr 25, 2022

    NewStar Exchange Launches 1031 DST Program and Announces Acquisition of Built-to-Rent (BTR) Community in Atlanta, Georgia MSA

    PR Newswire ↗

    Also covered by 1 outlet
    • AltsWire ↗

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

  • Capital Square logoCapital Square5 active · 135 programs on record
  • Cantor Fitzgerald logoCantor Fitzgerald5 active · 53 programs on record
  • Passco Companies logoPassco Companies4 active · 104 programs on record
  • Ares (ADREX) logoAres (ADREX)4 active · 23 programs on record
  • Hamilton Zanze logoHamilton Zanze4 active · 20 programs on record
  • How to evaluate a DST sponsor →
  • DST due diligence checklist →
  • The largest DST sponsors, from SEC filings →

What can I do next?

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Active and closed offerings, built from SEC filings. Sponsors graded A–F under one published method. Free.

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Top1031

A directory of 1031 DST offerings, built from SEC filings and public records.

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Top1031 is a data and education platform, not a broker-dealer, investment adviser, tax advisor, law firm, qualified intermediary, or securities issuer.

Information is not advice or an offer to buy or sell securities. DSTs are illiquid private securities with substantial risks, including loss of principal.

Data may be incomplete or delayed, and Top1031 does not audit sponsor-reported figures. Sponsor Grades are editorial sponsor assessments, not offering ratings or recommendations.

Review the current offering documents and consult qualified professionals. Gated offering data is intended for users who self-attest that they are accredited investors.

Commercial relationships are not inputs in the Top1031 Grade method. Losses are counted only from court, county or sponsor-published records.

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