NewPoint Real Estate Capital Originates $17.6M Freddie Mac Loan for Multifamily Acquisition in Lawrenceville, Georgia

NewPoint Real Estate Capital has provided a $17.6 million Freddie Mac loan to finance the acquisition of Sweetwater Springs, a 95-unit build-to-rent multifamily community in Lawrenceville, Georgia, the firm announced March 12, 2026.

The financing was originated by Senior Managing Director Martin Fayer on behalf of NewStar Asset Management, which completed the acquisition in connection with NewStar 17 Sweetwater Springs, DST — a Delaware Statutory Trust offering structured to provide accredited investors with tax deferral and passive ownership in a stabilized multifamily asset.

Loan Structure and Financing Terms

The loan carries a 10-year term with full-term interest-only payments and a 30-year amortization schedule. NewPoint Real Estate Capital structured the financing to deliver long-term cash flow stability for the sponsor. Sweetwater Springs was 94% leased at the time of closing.

"We are pleased to support NewStar Asset Management on this acquisition and the continued expansion of their DST equity platform," said Martin Fayer, Senior Managing Director at NewPoint Real Estate Capital. "Sweetwater Springs represents the type of high-quality, institutional asset that aligns well with DST investors seeking tax deferral, passive income, and long-term appreciation potential. We look forward to continuing to provide capital solutions as they grow the program."

About Sweetwater Springs: Property Details

Completed in 2025, Sweetwater Springs is a townhome-style multifamily community situated in the Atlanta metropolitan area. The property features two-, three-, and four-bedroom residences averaging over 1,800 square feet. Each home includes an attached garage and private balcony or patio.

Interior finishes include luxury vinyl plank flooring, granite countertops, and stainless-steel appliances. Community amenities include a resort-style pool, playground, and dog park. The property offers access to major employment centers, retail, and recreation in the Lawrenceville market.

Delaware Statutory Trust Structure

The acquisition was structured through NewStar 17 Sweetwater Springs, DST, a vehicle designed for accredited investors pursuing 1031 exchange tax deferral and passive income from a stabilized multifamily asset.

NewPoint Real Estate Capital serves as a Freddie Mac Optigo® lender and is also approved as a Fannie Mae DUS® and FHA/HUD MAP and LEAN lender. The firm offers loan origination, servicing, and a range of financing products across multifamily, affordable housing, seniors housing, healthcare, and manufactured housing sectors. NewPoint is owned by Franklin BSP Realty Trust, which is externally managed by Benefit Street Partners L.L.C., a wholly owned subsidiary of Franklin Resources, Inc. (Franklin Templeton), which reported $1.7 trillion in total assets under management as of January 31, 2026.