Webstar Technology Group is an early-stage specialty real estate development company focused on mixed-use, green/energy-efficient, and entertainment-oriented properties in the U.S. The company recently pivoted from software licensing to real estate development following a change in ownership in mid-2024, when new investors acquired control by purchasing Series A Preferred Stock from the founder for $500,000. As part of the transition, legacy software assets and liabilities were transferred to entities controlled by the prior founder. Webstar's flagship project is Forge Atlanta, a 10-acre mixed-use commercial and residential development in the Castleberry Hill district of Downtown Atlanta. Webstar holds a 90% stake in the project through its subsidiary Forge Atlanta Asset Management, with development partner Urbantec holding the remaining 10%. The company has a purchase agreement to acquire the site for $34.5M, though the seller-provided promissory note financing that deal is currently in default. Webstar is seeking up to $223.7M in taxable revenue bonds through the Development Authority of Fulton County to fund the project, and is exploring blockchain-based tokenization of fractional project interests via a partnership with a firm called Torch. The company's second initiative, Bear Village, is a family resort concept for which it acquired assets and intellectual property in mid-2024. Webstar has no revenue, one full-time employee, and its ability to execute depends entirely on raising capital and completing the Forge Atlanta acquisition.