An Experienced Transportation Company
The InStar Group is a full-service railcar leasing company established in 2016. We are owner operators and/or investors in the railcar business in North America and provide the highest quality railcars on either a full service or net lease to North American shippers and railroads.
The InStar Group invests and offers all railcar types across all industries which it deems to be most efficient for the commodities carried with proven track record of consistent cash flow. We are flexible in our approach to investing in railcars and have the ability to own outright, participate in lease in/lease out arrangements, sale-leasebacks, joint ventures or provide structured financial products for our customers.
The InStar Group management team is composed of seasoned industry professionals with manufacturing, leasing, railcar portfolio management, and financing expertise. We maintain relationships with all major railcar manufacturers, other operating lessors, shippers, railroads, repair and maintenance facilities and financial institutions within the industry.
On July 20, 2022, The InStar Group, LLC was
acquired by J.P. Morgan Global Alternatives’ Global
Transportation Group.
J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management. With more than 50 years as an alternatives’ investment manager, US$218 billion in assets under management and more than 700 professionals (as of March 31, 2022), J.P. Morgan offers strategies across the alternative investment spectrum including real estate, private equity, private credit, hedge funds, infrastructure, transportation, timber and liquid alternatives. Operating from offices throughout the Americas, Europe and Asia Pacific, our independent alternative investment engines combine specialist knowledge and singular focus with the global reach, vast resources, and powerful infrastructure of J.P. Morgan to help meet each client's specific objectives. For more information, visit http://jpmorgan.com/am
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Full Service, Net Operating, and Per Diem Leasing
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Full Service Leasing
As the lessor, The InStar Group provides full-service leasing for its customers. These services include those that are normally the responsibility of an owner; the normal maintenance and repair of the railcars, modifications to meet government or industry safety or other standards, insurance and ad-valorem taxes.
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Net Leases
InStar can also provide a net lease for its customers. Under a net lease, the lessee is required to pay some or all of the railcar expenses that normally would be paid by the lessor, in addition to rent. These include expenses such as maintenance and repair of railcars, modifications to meet government or industry safety or other standards, insurance, and ad-valorem taxes.
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Per Diem Leasing
InStar has the ability to offer Per Diem leasing for its customers where revenue is based on hourly mileage and utilization. InStar provides flexibility for those customers who may be interested in Per Diem leasing. These services include those that are normally the responsibility of an owner; the normal maintenance and repair of the railcars, modifications to meet government or industry safety or other standards, insurance and ad-valorem taxes.