
Newstar Development
Tampa, FL 2–10 employees 3 principals
Last updated by Andrea
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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