Aligning Your Capital with Your North Star
At North Star, we help investors reposition their capital from management-heavy properties into passive, income-producing assets. Our mission is simple: align with your North Star—your long-term objectives—and guide you there with strategic 1031 exchange execution and best-in-class net lease acquisition support.
What We Do
We specialize in working with sellers of investment properties—such as RV parks, mobile home parks, multifamily, and hotels—to:
- Defer capital gains taxes through a 1031 exchange.
- Transition equity into passive, low-maintenance assets.
- Establish long-term, predictable cash flow.
- Reduce ownership headaches while preserving generational wealth.
What Is a 1031 Exchange?
A 1031 exchange allows real estate investors to defer capital gains taxes by reinvesting proceeds from a sale into a like-kind replacement property. It’s ideal for investors looking to trade high-maintenance assets for hands-off income generators like STNL (Single Tenant Net Lease) properties.
Key Benefits:
- Tax deferral and wealth preservation
- Simplification of holdings
- Passive income and estate planning advantages
- Access to more liquid, transferable assets
Who Uses 1031 Exchanges?
This strategy is used by:
- Owners of RV parks, MH communities, hotels, and multifamily assets looking to retire or reduce management burden
- Investors with underperforming or non-income-producing land
- Business owners exiting a business with real estate value
- Families seeking to reduce estate complexity and increase passive inheritance
Why Investors Choose Us
✅ $350M+ in Net Lease Transactions Across 21 States
✅ 150+ STNL Properties Sold
✅ Full-cycle 1031 Exchange Support
✅ Access to Off-Market Inventory + Institutional Networks
Our approach is deeply strategic and investor-focused, ensuring that you identify, contract, and close on suitable replacement properties well within the IRS’s 45-day and 180-day timelines.
Our 1031 Exchange Strategy
We help you stay ahead of deadlines and maximize outcomes:
- Before Sale (Downleg): We align on your ideal replacement property types.
- Under Contract: We source and submit offers on properties that can close immediately after your sale.
- Post-Close: Our goal is to close on all replacement properties inside the 45-day identification window.
We often target STNL assets with long-term leases, minimal landlord responsibilities, and reliable corporate tenants—providing peace of mind and cash flow from day one.
Understanding STNL Properties
We Specialize In Acquiring:
- Automotive service centers
- Discount retail
- Convenience stores
- Quick service restaurants (QSR)
- Collision and repair shops
Lease Types We Work With:
- Absolute NNN
- NNN & NN
- Modified Gross
Typical Lease Features:
- 10–20 year terms
- Scheduled rent increases
- Corporate or franchise guarantees
Due diligence is minimal compared to traditional real estate, especially for newly built assets with corporate tenants.
What Makes STNL Ideal for 1031 Uplegs?
- Minimal landlord responsibility
- Fewer inspections and faster closings
- No rent rolls or operating statements
- Often only a survey and Phase 1 environmental study needed
This results in faster acquisitions, lower friction, and greater confidence in deal execution.
Conservative Leverage Options
Depending on your financial goals, we can structure replacement property portfolios with less than 50% loan-to-value. This increases purchasing power while maintaining strong risk-adjusted returns and enhancing long-term depreciation benefits.
Our Services
✅ 1031 Exchange Advisory
- Downleg sales: RV parks, MH communities, hotels, apartments
- Replacement property identification and due diligence
- Coordinated execution within IRS timelines
✅ STNL Property Acquisition
- Deal sourcing from brokers, developers, REITs, and funds
- Lease analysis and tenant vetting
- Transaction structuring and timeline management
Let’s Talk
Whether you’re planning your first 1031 exchange or you’re a seasoned investor looking for off-market net lease deals, we’re here to guide you every step of the way.
📍 1250 S Capital of Texas Hwy, Building 3, Suite 400, Austin, TX 78746
📞 512-222-6826
📧 Landan@NSTARBA.com
🌐 NSTARBA.com