Applied Digital Corporation
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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. 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.
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