NewStar Exchange Acquires Newly Constructed Built-to-Rent ("BTR") Community in Charlotte, North Carolina and Launches New 1031 Delaware Statutory Trust Offering
NEWSTAR Exchange has acquired Hadley Crossing, a 44-unit single-family rental community in Charlotte, North Carolina, and launched a new Delaware Statutory Trust (DST) offering for accredited investors. The property features 4-bedroom detached homes with premium amenities and achieved the #3 highest build-to-rent rental rates in Charlotte, with average household incomes exceeding $200,000.
The DST offering, Newstar 14 Hadley Crossing, is financed through Fannie Mae with 43% leverage and aims to raise approximately $14 million in equity. This marks NEWSTAR's fourth DST offering, following successful closures of three previous programs that raised over $50 million in equity. The property reached stabilization in less than 8 months and is being distributed by Preferred Capital Securities under Rule 506(c) of Regulation D.
NEWSTAR Exchange ha acquisito Hadley Crossing, una comunità residenziale di 44 unità in affitto a Charlotte, Carolina del Nord, e ha lanciato una nuova offerta di Delaware Statutory Trust (DST) per investitori accreditati. La proprietà presenta case indipendenti con 4 camere da letto e servizi di alta qualità, raggiungendo il #3 posto per i tassi di affitto build-to-rent a Charlotte, con redditi familiari medi superiori a $200.000.
L'offerta DST, Newstar 14 Hadley Crossing, è finanziata tramite Fannie Mae con una leva del 43% e mira a raccogliere circa $14 milioni in equity. Questo segna la quarta offerta DST di NEWSTAR, dopo la chiusura di successo di tre precedenti programmi che hanno raccolto oltre $50 milioni in equity. La proprietà ha raggiunto la stabilizzazione in meno di 8 mesi ed è distribuita da Preferred Capital Securities ai sensi della Regola 506(c) del Regolamento D.
NEWSTAR Exchange ha adquirido Hadley Crossing, una comunidad de alquiler de 44 unidades unifamiliares en Charlotte, Carolina del Norte, y ha lanzado una nueva oferta de Delaware Statutory Trust (DST) para inversores acreditados. La propiedad cuenta con casas individuales de 4 dormitorios con servicios premium y logró el tercer lugar en las tasas de alquiler build-to-rent en Charlotte, con ingresos familiares promedio que superan los $200,000.
La oferta de DST, Newstar 14 Hadley Crossing, está financiada a través de Fannie Mae con un apalancamiento del 43% y tiene como objetivo recaudar aproximadamente $14 millones en capital. Esta marca es la cuarta oferta de DST de NEWSTAR, tras el cierre exitoso de tres programas previos que recaudaron más de $50 millones en capital. La propiedad alcanzó la estabilización en menos de 8 meses y está siendo distribuida por Preferred Capital Securities bajo la Regla 506(c) del Reglamento D.
NEWSTAR Exchange는 노스캐롤라이나 주 샬럿에 위치한 44세대 단독 주택 임대 커뮤니티인 Hadley Crossing을 인수하고, 인증된 투자자를 위한 새로운 델라웨어 정관 신탁(DST) 제공을 시작했습니다. 이 부동산은 4베드룸 독립 주택과 고급 시설을 갖추고 있으며, 샬럿에서 #3에 해당하는 빌드 투 렌트 임대 요금을 기록하였고, 평균 가구 소득은 $200,000를 초과합니다.
이 DST 제공, Newstar 14 Hadley Crossing은 Fannie Mae를 통해 43%의 레버리지로 자금을 조달하며 약 $14백만의 자본을 모금을 목표로 하고 있습니다. 이는 NEWSTAR의 네 번째 DST 제공으로, 이전의 세 개 프로그램에서 5천만 달러 이상의 자본을 모금한 성공적인 경우에 이어집니다. 이 부동산은 8개월 이내에 안정화되었으며, Regulation D의 Rule 506(c)에 따라 Preferred Capital Securities에 의해 배포되고 있습니다.
NEWSTAR Exchange a acquis Hadley Crossing, une communauté locative de 44 unités résidentielles unifamiliales à Charlotte, Caroline du Nord, et a lancé une nouvelle offre de Delaware Statutory Trust (DST) pour les investisseurs accrédités. La propriété propose des maisons individuelles de 4 chambres avec des équipements haut de gamme et a atteint le 3ème taux de location le plus élevé en régime de construction à la location à Charlotte, avec un revenu familial moyen dépassant 200 000 $.
L'offre DST, Newstar 14 Hadley Crossing, est financée par Fannie Mae avec un effet de levier de 43 % et vise à lever environ 14 millions de dollars en capitaux propres. Cela marque la quatrième offre de DST de NEWSTAR, après des clôtures réussies de trois programmes précédents qui ont levé plus de 50 millions de dollars en capitaux propres. La propriété a atteint la stabilisation en moins de 8 mois et est distribuée par Preferred Capital Securities en vertu de la règle 506(c) de la réglementation D.
NEWSTAR Exchange hat Hadley Crossing, eine 44-Einheiten große Mietgemeinschaft für Einfamilienhäuser in Charlotte, North Carolina, erworben und ein neues Angebot über einen Delaware Statutory Trust (DST) für akkreditierte Investoren gestartet. Die Immobilie besteht aus freistehenden 4-Zimmer-Häusern mit gehobenen Annehmlichkeiten und erreichte die dritthöchsten Mietpreise für den Bau zum Mietverhältnis in Charlotte, mit einem durchschnittlichen Haushaltseinkommen von über 200.000 US-Dollar.
Das DST-Angebot, Newstar 14 Hadley Crossing, wird über Fannie Mae mit einer Hebelwirkung von 43% finanziert und zielt darauf ab, etwa 14 Millionen US-Dollar Eigenkapital zu sammeln. Dies ist das vierte DST-Angebot von NEWSTAR, nach den erfolgreichen Abschlüssen von drei vorherigen Programmen, die über 50 Millionen US-Dollar Eigenkapital gesammelt haben. Die Immobilie erreichte in weniger als 8 Monaten die Stabilisierung und wird von Preferred Capital Securities gemäß Regel 506(c) der Regulierung D vertrieben.
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The property was developed by NEWSTAR and features 44, 4-bedroom detached homes with two-car attached garages. All homes feature Hardiplank facades, Quartz countertops, stainless steel appliances, Stone Plastic Composite ("SPC") floors, soft-close cabinetry, walk-in showers, framed mirrors, and sodded and fenced-in yards. NEWSTAR Exchange acquired the property on behalf of Newstar 14 Hadley Crossing, DST.
"Hadley Crossing is NEWSTAR's fourth DST offering, continuing to grow our Exchange program which has successfully closed out three programs to-date, raising more than
Newstar 14 Hadley Crossing, DST is financed with a first mortgage through Fannie Mae, offering
About NEWSTAR Exchange: NEWSTAR Exchange is subsidiary of NEWSTAR that invests in and manages Class A single-family built-to-rent residential communities in growing suburban locations across the United States "Sun Belt". The Company invests through Delaware Statutory Trusts which it sponsors, and brings to market high-quality assets vetted by a rigorous due diligence process that has been developed and refined over decades of institutional real estate experience. For more information visit https://www.newstar-am.com/investment-management.
About Preferred Capital Securities ("PCS"): PCS (Member FINRA/SIPC) is a fully independent, third-party Managing Broker Dealer focused on both back-office solutions and the wholesale distribution of alternative investments to Independent Broker-Dealers (IBDs) and Registered Investment Advisors (RIAs) across
Contact: NewStar1031@pcsalts.com
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SOURCE NewStar Asset Management
FAQ
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