NEWSTAR Exchange, a subsidiary of NEWSTAR, announced today that it has acquired Sweetwater Springs (the "Property"), a newly-constructed Class A townhome apartment community in Atlanta, Georgia, and launched a new Delaware Statutory Trust offering for accredited investors seeking to complete like-kind exchanges under IRC Section 1031.

The Property features 95 two-, three- and four-bedroom homes averaging 1,803 square feet. All homes feature attached garages and private balconies or patios. Construction of the community was completed in 2025 and as of closing the Property was 94% leased. Community amenities include a resort-style pool, cabana with restrooms and showers, on-site maintenance and leasing office, playground, and a dog park. Interior finishes feature luxury vinyl plank flooring, granite countertops, and stainless-steel appliances. NEWSTAR Exchange acquired the property on behalf of Newstar 17 Sweetwater Springs, DST.

"We have evaluated more than 200 acquisition opportunities in our NEWSTAR Exchange business since launching in 2022, closing on just four properties through the end of 2025," said Boone DuPree, Chief Executive Office of NEWSTAR. "We have been selective in waiting for opportunities to invest in high quality communities in high quality locations, at the right price and with the right financing, and Sweetwater Springs meets those objectives fully. We look forward to a successful offering to accredited investors seeking tax deferral with the opportunity for passive income and appreciation in an attractive institutional real estate asset."

Newstar 17 Sweetwater Springs, DST is financed with a first mortgage through the Federal Home Loan Mortgage Corporation ("Freddie Mac") arranged by Newpoint Real Estate Capital. The offering is being distributed by Preferred Capital Securities in accordance with Rule 506(c) of Regulation D of the Securities Act.