Advisory
Transaction Advisory · Capital Solutions · Strategic Advisory
From Complex Problem to Clear Path Forward
Independent, unconflicted counsel for corporations, real estate sponsors, family offices, and institutional clients — whether they are navigating a transaction, working through a complex business or financial situation, or charting long-term strategic direction.
Advisory Capabilities
Transaction Advisory
- Mergers and acquisitions advisory
- Transaction structuring and execution
- Due diligence coordination
- Negotiation support and deal management
- Post-transaction integration planning
Capital Solutions
- Debt and equity capital raising
- Sale-leaseback and net lease structuring
- Asset-based and structured lending
- Capital lease and equipment financing
- Recapitalization and balance sheet optimization
Strategic Advisory
- Corporate strategy and business planning
- Operational and financial restructuring
- Market entry and expansion strategy
- Investor relations and board advisory
- Long-term capital allocation planning
Types of Capital Raises We Work On
NorthStar structures and places capital across a range of asset classes and transaction types, connecting clients with the right capital providers for their specific situation.
Energy
- Renewable energy project finance
- Energy services agreements (ESA)
- Solar, wind, and storage infrastructure
- Power purchase agreements (PPA)
Infrastructure
- Infrastructure project finance
- Public-private partnership (P3) structures
- Long-duration contracted cash flows
- Utility and essential services assets
Commercial Real Estate
- Net lease acquisition financing
- Build-to-suit construction and permanent debt
- Construction debt
- Bridge debt
Corporate Debt
- Senior secured term loans
- Asset-based lending (ABL)
- Mezzanine and subordinated debt
- Recapitalization and balance sheet optimization
Note Sales
- Senior note sales
- Mezzanine note sales
- Performing and non-performing note portfolios
- Secondary market note transactions
SBA Financing
- SBA 7(a) loans
- SBA 504 loans
- Owner-occupied commercial real estate
- Business acquisition and expansion financing
USDA Financing
- USDA Business & Industry (B&I) guaranteed loans
- Rural energy and infrastructure financing
- Agricultural and food production lending
- Rural community facility financing
Selected Engagements
Major Energy Infrastructure Project — Structured Financing
NorthStar structured a capital provider opportunity for a major renewable energy infrastructure project involving the design, installation, ownership, and operation of photovoltaic solar systems across two large commercial facilities. The transaction was structured as a 30-year Energy Services Agreement (ESA) with a fixed energy rate for the initial period and scheduled escalations thereafter, providing a long-duration contracted cash flow stream. NorthStar's role encompassed off-taker credit analysis, ESA structural review, and preparation of the capital provider opportunity package.
- 7,555 kW-dc combined solar PV capacity across two sites
- Estimated first-year production of 10.7 million kWh-ac
- 30-year contracted ESA with fixed rate and scheduled escalations
- $14.0 million total capital requirement
- High solar irradiance region — Southern California/Arizona desert
- Combined CO2 reduction of approximately 10,800 tons per year
Digital Billboard Portfolio — Capital Lease Financing
NorthStar arranged capital lease financing for a portfolio of digital billboard structures across new construction locations in California and the Midwest. The financing was structured as a capital lease to align with the operator's balance sheet objectives, providing the capital required to fund the construction and installation of digital out-of-home (DOOH) advertising infrastructure across multiple markets. The transaction required structuring a financing solution that accommodated the phased nature of the construction program, the varying regulatory and permitting timelines across different states, and the revenue ramp-up profile inherent in newly constructed outdoor advertising assets.
- Portfolio of digital billboard structures across multiple markets
- New construction — California and Midwest locations
- Capital lease structure aligned with operator's balance sheet objectives
- Financing accommodated phased construction and permitting timelines
- Digital out-of-home (DOOH) advertising infrastructure
Equipment Manufacturer — ABL Facility
NorthStar advised a Houston-based equipment manufacturer serving the agribusiness industry in securing an asset-based lending (ABL) facility. The engagement involved evaluating the client's capital structure, identifying the appropriate lender universe, and structuring a facility that supported the company's inventory and order-fulfillment cycle.
- Agribusiness equipment manufacturer
- Asset-based lending (ABL) facility
- Houston, Texas headquartered borrower
CPG Food Company — ABL Facility
NorthStar advised an Arizona-based consumer packaged goods company in the food sector on securing an asset-based lending (ABL) facility. The engagement focused on identifying the right capital partners to support the company's working capital needs, enabling the client to scale distribution and manage cash flow more effectively.
- Arizona-based CPG company in the food industry
- Asset-based lending (ABL) facility
- Working capital optimization for growth