Altnvest
LibraryNewStar 17 Sweetwater Springs DST
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Comparative Analysis

Processed

NewStar 17 Sweetwater Springs DST

Measured against 56 extracted offerings on the identical field set, this deal sits 48 of 57 on the blended percentile score. It reads strongest on dscr and weakest on acquisition cap rate and reserves, which is where the diligence time belongs.

56 comparable offerings · as of August 2026

42Composite

Standing

48 of 57

Blended percentile across 16 extracted metrics.

Pricing

21st pct

Leverage

56th pct

Cost

46th pct

Ongoing

0th pct

Structure

53rd pct

Percentile profile

Pricing

Acquisition cap rateMin 4.00%Med 5.50%Max 7.53%4.76%12th
Syndicated cap rateMin 4.02%Med 5.63%Max 9.74%4.76%19th
Avg. distribution (term)Min 0.00%Med 5.08%Max 7.00%4.75%22nd
Year 1 distributionMin 0.00%Med 4.60%Max 6.75%4.40%23rd
Price per unitMin $24KMed $284KMax $3290K$415K28th

Leverage

Loan termMin 1 yrsMed 10 yrsMax 36 yrs10 yrs29th
Offering LTVMin 0.00%Med 46.17%Max 77.78%45.00%53rd
Interest rateMin 3.91%Med 5.13%Max 9.11%5.10%53rd
Acquisition LTVMin 0.00%Med 46.93%Max 84.00%45.00%56th
DSCRMin 1.00xMed 1.99xMax 3.38x2.53x89th

Cost

ReservesMin 0.11%Med 5.54%Max 18.84%0.99%17th
Acquisition feeMin 0.00%Med 2.52%Max 12.07%2.65%48th
Total upfront loadMin 1.96%Med 7.50%Max 12.05%5.67%55th
Selling commissionMin 0.05%Med 6.00%Max 9.75%6.00%63rd

Ongoing

Structure

Equity share of capitalMin 6.09%Med 100.00%Max 100.00%55.34%35th
Hold periodMin 1 yrsMed 10 yrsMax 36 yrs10 yrs71st

Bar spans the cohort minimum (Min) to maximum (Max), labelled beneath with the cohort median (Med). Shaded band is the 25th–75th percentile, the tick is the median, and the dot is this offering.

Where the headline metrics fall in the cohort

Acquisition cap rate

12th pct

4.76%median 5.50%

Min 4.00%Med 5.50%Max 7.53%

Year 1 distribution

23rd pct

4.40%median 4.60%

Min 0.00%Med 4.60%Max 6.75%

Acquisition LTV

56th pct

45.00%median 46.93%

Min 0.00%Med 46.93%Max 84.00%

DSCR

89th pct

2.53xmedian 1.99x

Min 1.00xMed 1.99xMax 3.38x

Interest rate

53rd pct

5.10%median 5.13%

Min 3.91%Med 5.13%Max 9.11%

Total upfront load

55th pct

5.67%median 7.50%

Min 1.96%Med 7.50%Max 12.05%

Metric-by-metric comparison

MetricThis offeringCohort median25th–75thDifferencePercentile
Acquisition cap ratePricing4.76%5.50%5.07%6.00%−0.74%12th
Syndicated cap ratePricing4.76%5.63%5.00%5.83%−0.87%19th
Price per unitPricing$415K$284K$180K$434K+$131K28th
Year 1 distributionPricing4.40%4.60%4.40%5.00%−0.20%23rd
Avg. distribution (term)Pricing4.75%5.08%4.77%5.32%−0.33%22nd
Acquisition LTVLeverage45.00%46.93%18.89%50.20%−1.93%56th
Offering LTVLeverage45.00%46.17%2.67%49.80%−1.17%53rd
DSCRLeverage2.53x1.99x1.73x2.10x+0.54x89th
Interest rateLeverage5.10%5.13%5.00%5.48%−0.03%53rd
Loan termLeverage10 yrs10 yrs8.5 yrs10.5 yrs0 yrs29th
Total upfront loadCost5.67%7.50%4.89%9.50%−1.83%55th
Selling commissionCost6.00%6.00%5.00%6.00%0.00%63rd
Acquisition feeCost2.65%2.52%1.74%3.77%+0.14%48th
ReservesCost0.99%5.54%1.76%9.03%−4.56%17th
Equity share of capitalStructure55.34%100.00%52.74%100.00%−44.66%35th
Hold periodStructure10 yrs10 yrs8.5 yrs10.5 yrs0 yrs71st

Closest comparables

OfferingSponsorCap rateLTVDSCRLoadHoldMatch
NexPoint Oasis DSTNexPoint Real Estate Advisors IV, L.P.4.84%53.05%1.81x4.39%10 yrs88%
NexPoint Small Bay III DSTNexPoint Real Estate Advisors IV, L.P.5.50%44.90%5.15%88%
MCG Gainesville FL BTR DSTMadison Capital Group1.74x10 yrs88%
BR Amira DSTBluerock Value Exchange5.64%46.17%1.80x5.06%10 yrs86%
CF Biscayne Multifamily DSTCantor Fitzgerald Investors, LLC52.30%3.90%86%
307 Stockton Fee DSTMercer Street4.61%50.00%2.10x5.00%1 yrs85%
BREX Net Lease Data Center I DSTBrookfield Real Estate Exchange LLC4.51%2 yrs85%
CS1031 Parkland Apartments DSTCapital Square5.36%40.99%1.90x5.90%10 yrs84%

Match score is a normalised distance across the full extracted metric set — asset type, pricing, leverage, cost and structure all weighted equally.

Figures on this page are generated from automated extraction of offering documents and may contain errors or omissions. Verify every metric against the sponsor's offering materials before relying on it for an investment decision.