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NewPoint Real Estate Capital Provides $17.6 Million Freddie Mac Loan for Acquisition of Sweetwater Springs in Lawrenceville, Georgia

LAWRENCEVILLE, GA — (March 12, 2026) — NewPoint Real Estate Capital (“NewPoint”) has provided a $17.6 million Freddie Mac loan for the acquisition of Sweetwater Springs, a 95-unit build-to-rent multifamily community located in Lawrenceville, Georgia.

The 10-year loan was structured with full-term interest-only payments and a 30-year amortization schedule, delivering long-term stability and enhanced cash flow for the sponsor. The financing supports the acquisition of the high-quality asset, which was 94% leased at closing. The loan was originated by NewPoint Senior Managing Director Martin Fayer on behalf of NewStar Asset Management.

The acquisition was completed in connection with NewStar 17 Sweetwater Springs, DST, a Delaware Statutory Trust offering designed to provide accredited investors with the opportunity for tax deferral and passive ownership in a stabilized multifamily asset.

“We are pleased to support NewStar Asset Management on this acquisition and the continued expansion of their DST equity platform,” said Mr. Fayer. “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,” he added.

Completed in 2025, Sweetwater Springs is a 95-unit townhome-style community in the Atlanta metropolitan area featuring two-, three-, and four-bedroom residences averaging over 1,800 square feet. Each home includes an attached garage and private balcony or patio, with interior finishes such as luxury vinyl plank flooring, granite countertops, and stainless-steel appliances. Residents benefit from amenities including a resort-style pool, playground, and dog park, as well as convenient access to major employment centers, retail, and recreation in the growing Lawrenceville market.

About NewPoint Real Estate Capital
NewPoint Real Estate Capital LLC (“NewPoint”) is a national commercial real estate finance firm offering lending solutions across multifamily, affordable housing, seniors housing, healthcare, and manufactured housing sectors. The firm leverages technology, data, capital, and the expertise of its industry-leading team to provide loan origination, servicing, execution, and a suite of financing products to meet the evolving needs of borrowers. In addition to being a Fannie Mae DUS®, Freddie Mac Optigo®, and FHA/HUD MAP and LEAN lender, NewPoint also offers proprietary affordable housing financing. NewPoint Real Estate Capital is owned by Franklin BSP Realty Trust (“FBRT”). FBRT is externally managed by Benefit Street Partners L.L.C., a wholly owned subsidiary of Franklin Resources, Inc. ("Franklin Templeton”), one of the world’s largest independent investment managers with $1.7 trillion in total assets under management (as of January 31, 2026).

Media Contact
Dina Finnegan
Dina.Finnegan@NewPoint.com
703-282-2516

Investor Relations Contact
Lindsey Crabbe
L.Crabbe@BSPCredit.com
214-874-2339