Newstar exchange acquires newly constructed built-to-rent ("btr") community in charlotte, north carolina and launches new 1031 delaware statutory trust offering

Atlanta , dec. 19, 2024 /prnewswire/ -- newstar exchange, a subsidiary of newstar, announced today that it has acquired hadley crossing by stella homes, a single-family rental subdivision located in charlotte, north carolina, and launched a new delaware statutory trust offering for accredited investors seeking to complete like-kind exchanges under irc section 1031. the property was developed by newstar and features 44, 4-bedroom detached homes with two-car attached garages.
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