Acquired by Bain Capital, Revcap, Black Swan
The property's value will likely be increased through debt financing, followed by a sale-leaseback transaction to extract capital
Maintenance and upkeep of the building will likely be reduced to cut costs and boost short-term profitability
Rental rates for tenants may increase as the new owners seek to maximize revenue from the property
Announcements about 'optimization' and 'value enhancement' of the property
Sale-leaseback transaction completed, new tenants may begin to notice reduced maintenance and upkeep
Rental rates for tenants likely increased as new owners seek to extract maximum value from the property
Other companies that followed a similar path after PE acquisition
Tenants of the property should be prepared for potential rent increases and reduced maintenance/upkeep
Consumers visiting the property may notice a decline in its overall appearance and quality over time
Look for family-owned or employee-owned businesses