Founded by Brian Watson in 2000, the company acquires distressed commercial real estate or vacant properties and rehabilitates them for lease or use.
[3][1] In 2014, Northstar founded the Education Opportunity Fund, a $100 million real estate investment fund for identifying and restoring old retail or education buildings, which are then leased to charter schools.
[4] In addition, Northstar restores and leases other types of properties, such as warehouses, manufacturing centers, commercial offices, retail space, and senior care and medical facilities.
[citation needed] In 2020 there were multiple allegations of financial wrong-doing and fraud against Brian Watson.
In a bizarre set of events, Mr. Watson sent out a suicide note via email to a group of 20 people.