NewStar is a vertically integrated, full-service real estate firm based in Atlanta, Georgia, founded in 2021 by former executives of Preferred Apartment Communities (NYSE: APTS). Through its NewStar Exchange affiliate it sponsors 1031/DST offerings in income-producing residential communities across fast-growing Southeastern markets. As of February 2026 it manages 15 residential investments totaling more than 1,100 units and roughly $350 million in total cost.
Vertically integrated with in-house investment, asset, property and construction management and development
Founded and led by former Preferred Apartment Communities (NYSE: APTS) executives
Focused on fast-growing Southeastern markets (Atlanta, Charlotte, Tampa, Orlando, Nashville)
Targets income-producing residential: multifamily, townhomes, and single-family build-to-rent
15 residential investments / 1,100+ units / ~$350M total cost (Feb 2026)
Realized performance
Current offerings from NewStar Exchange
AUM reflects NewStar Exchange's broader platform, not its DST program alone. Full-cycle metrics are realized, net-to-investor results reported by the sponsor and compiled by Baker 1031; they are not audited and past performance does not guarantee future results. This profile is informational only and is not an offer to sell or a solicitation to buy any security, or investment, tax, or legal advice. Securities offered through Aurora Securities, Inc., member FINRA / SIPC; Baker 1031 Investments is independent of Aurora Securities, Inc.