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About Us

A demographic shift is taking place in the United States as one of the biggest wealth transfers is underway.  Discussions with trusted advisors are an integral part of executing a succession plan that preserves and grows the estate for generations ahead.

 

Longtime real estate investors are reaching a stage in their lives where they are considering how to handle these assets as part of their estate planning—many of whom self-manage with heirs disinterested or unable to take over operations. 

 

Real estate investors with a low tax basis will often consider a 1031 exchange when contemplating a sale. This is especially true for CA residents, who are subject to higher capital gains tax rates (fed + state). 

 

For many investors, it will be their first or second time doing a 1031 exchange.  It can be an overwhelming process to find suitable replacement properties within a short timeframe. 

 

Net Lease Exchange provides expert representation to its private capital investors.  Our buyer-focused process, objective analysis of properties, and experience navigating challenges allow our clients to meet their exchange objectives without having to sacrifice the quality of investment.

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Meet The Team

Mehdi and Kourosh met as freshmen at Cal, where they cultivated a close friendship that allowed them to launch their company more than a decade later.  Their vastly different backgrounds and perspectives creates a unique partnership unlike many others. 

 

Mehdi and Kourosh endeavor to provide unparalleled buyer advisory services to their clients navigating stringent 1031 exchange deadlines.  Our slogan, “Advice; not sales”, is borne out of our desire to provide clients all the data they need to make an informed decision about their real estate investments.

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Mehdi Star, J.D.

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Partner

858.243.3954

mehdi@theNLX.com

Mehdi Star is a Partner at Net Lease Exchange and Director at Sequent REWM specializing in advanced replacement property solutions. His expertise in Single Tenant Net Lease (STNL) and the Delaware Statutory Trust allow his clients to timely meet their 1031 exchange objectives. Since 2014, Mehdi has transacted more than $500M in net lease investment sales throughout the country. He co-founded Net Lease Exchange, a platform focused on sourcing high quality net lease investment opportunities for their exchange clients. At Sequent REWM, Mehdi works with a dynamic team that offers decades of financial advisory experience to accredited investors with a focus on real estate. His role is to facilitate the acquisition of interests in Delaware Statutory Trusts for his clients involved in a 1031 tax-deferred exchange. A Bay Area native, Mehdi grew up in San Jose and later obtained his undergraduate degree from UC Berkeley, and his Juris Doctorate from the University of San Francisco School of Law. He is a licensed CA real estate agent and maintains his Series 22 and 63 securities registration.

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Kourosh Bakhtvar

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Partner

510.592.4562

kourosh@theNLX.com

Kourosh specializes in representing private capital buyers of net lease investments. 1031 exchange clients depend on his experience, relationships, and objective analysis of net lease investment opportunities to meet their 1031 exchange requirements. Kourosh’s background is in growing companies through scaling operations and building teams. He graduated from UC Berkeley with BS and MS degrees in Mechanical Engineering. He started his career as the first-hire at a printed electronics startup spinoff from UC Berkeley, where he scaled manufacturing from 10 units to 1,000 units per week.

Karma Gangshar

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Client Services Coordinator

karma@theNLX.com

Karma is a Client Services Coordinator at Net Lease Exchange. He helps with creating client deliverables, marketing materials, and day-to-day operations. Prior to working at Net Lease Exchange, Karma worked as a Lab Operator at a Biotechnology company, where he would help manage inventory and operations, along with running scientific protocols. Karma graduated with a BA from UC Santa Barbara, where he studied Communication and Sports Management.

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Amy Ward

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Transaction Coordinator

amy@theNLX.com

Amy is a Transaction Coordinator at Net Lease Exchange, where she supports brokers and clients throughout the escrow process. She assists with managing timelines, coordinating due diligence, and overseeing transactions from contract to closing. Prior to joining Net Lease Exchange, Amy worked in residential real estate and is a licensed real estate professional. Before transitioning into real estate, she worked as a contracts manager, where she developed experience in contract administration, stakeholder collaboration, and document management. Amy graduated from California State University, East Bay, where she earned a B.A. in English.

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