Newstar Development
Tampa, FL 2–10 employees 3 principals
Last updated
About Newstar Development
Newstar Development is a real estate operator headquartered in Tampa, FL. Newstar Development operates in North Port-Sarasota-Bradenton, Florida and Tampa - St. Petersburg, Florida. Its investment focus is on Affordable Housing, LIHTC and Military Housing.
Newstar Development, LLC was formed in 2020 by the Florida leadership team of Norstar Development USA, following Norstar’s founding in Buffalo, New York in 1992. The Norstar legacy includes developing over 5,000 housing units across New York, Florida, Texas, Michigan, and Alabama. Newstar completed its first affordable housing project in Florida in 2008, exclusively partnering with Public Housing Authorities, one project with a Community Redevelopment Agency, and various non-profits. The firm focuses on affordable and workforce multifamily residential development, including low-income and public housing financed through LIHTC, bond programs, HOME Funds, FHLB AHP, project-based Section 8, HOPE VI, Replacement Housing Factor, and HUD capital funds.
Principals at Newstar Development
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3 principals on file
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Recent activity at Newstar Development
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Newstar Development's project portfolio
6 projects on file · Multifamily (6)
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Markets and themes
Markets Newstar Development operates in
Investment themes at Newstar Development
- Affordable Housing
- LIHTC
- Military Housing
- Multifamily - Core
- Multifamily - Ground-up
- Senior Housing
- Workforce Housing
Capabilities
- Custom Homes
- Mixed Use
- Site Development
- Sustainability
- Transit-oriented development
- Urban infill
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Frequently asked questions about Newstar Development
- What does Newstar Development do?
- Newstar Development, LLC was formed in 2020 by the Florida leadership team of Norstar Development USA, following Norstar’s founding in Buffalo, New York in 1992.
- Where is Newstar Development based?
- Newstar Development is headquartered in Tampa, FL.
- What markets does Newstar Development operate in?
- Newstar Development is active in North Port-Sarasota-Bradenton, Florida and Tampa - St. Petersburg, Florida.
- How many employees does Newstar Development have?
- Newstar Development has 2–10 employees.