NewStar

NEWSTAR acquires, develops, owns, and operates single-family residential communities across the Southeastern United States. NEWSTAR’s businesses span land acquisition and development, development of new, single-family rental subdivisions, and portfolio operations and asset management of stabilized communities with a long-term investment horizon.

NEWSTAR was founded in 2021 by former executives of Preferred Apartment Communities, Inc., a publicly traded REIT that was acquired by Blackstone (NYSE: BX) for $5.8 billion in 2022. Our leadership team brings more than 100 years of experience across more than 10,000 residential units, 10 million square feet of commercial property, and more than $10 billion invested capital.