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Both the original post, the quoted tweet, and some of the comments herein are an interesting look inside what can happen when a single GP is on both sides of a transaction … while LPs don’t necessarily understand that.
I’m definitely seeing more of this - see here for the most common tactics during distress.
Sometimes getting your capital back is all you can ask for (and in some cases you should actually be thrilled to get it back) - that’s why the return of capital clause is so important in the event of downside, more at:
An important note on single tenant deals - deeper dive on the topic here
Answer was D - warehouses
Right or wrong I think things like these are overly complicated and there are usually ways to solve for the same goal - more here
It’s Friday… you know the drill :) Enjoy the weekend!
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