It's going to be a leaseback scam.
This includes 2/3 of the Chicago Federal Center Plaza complex, one of the two biggest federal buildings in Manhattan, lots of courthouses across the country as well.
*TRUMP SEEKS TO PUT 443 FEDERAL PROPERTIES UP FOR SALE
*PROPERTIES INCLUDE HHS AND HUD HEADQUARTERS IN DC
Listed properties here: www.gsa.gov/real-estate/...
*PROPERTIES INCLUDE HHS AND HUD HEADQUARTERS IN DC
Listed properties here: www.gsa.gov/real-estate/...
March 4, 2025 at 8:31 PM
It's going to be a leaseback scam.
PE made *a restaurant chain* do a *sale-leaseback*?
Every article about Red Lobster filing for bankruptcy is "ha ha endless shrimp, what did they think would happen" and then buried ten paragraphs down is the usual:
May 18, 2024 at 7:42 PM
PE made *a restaurant chain* do a *sale-leaseback*?
bro are they gonna do a leaseback scheme like that shrimp company did with Red Lobster
*TRUMP SEEKS TO PUT 443 FEDERAL PROPERTIES UP FOR SALE
*PROPERTIES INCLUDE HHS AND HUD HEADQUARTERS IN DC
Listed properties here: www.gsa.gov/real-estate/...
*PROPERTIES INCLUDE HHS AND HUD HEADQUARTERS IN DC
Listed properties here: www.gsa.gov/real-estate/...
Non-core property list
Learn about our lease cost avoidance plan and its successes.
www.gsa.gov
March 4, 2025 at 8:55 PM
bro are they gonna do a leaseback scheme like that shrimp company did with Red Lobster
"Sale–leaseback" is how Red Lobster went bankrupt and Russian oligarchs got rich. It is a standard tactic for extracting value and making someone else foot the bill. Hence the Trump–Musk interest.
March 5, 2025 at 2:04 PM
"Sale–leaseback" is how Red Lobster went bankrupt and Russian oligarchs got rich. It is a standard tactic for extracting value and making someone else foot the bill. Hence the Trump–Musk interest.
The old “sale-leaseback”.
March 4, 2025 at 8:07 PM
The old “sale-leaseback”.
It’s wild that the BEST CASE scenario is a buy-leaseback bonanza for private equity that inevitably bankrupts the government.
*TRUMP SEEKS TO PUT 443 FEDERAL PROPERTIES UP FOR SALE
*PROPERTIES INCLUDE HHS AND HUD HEADQUARTERS IN DC
Listed properties here: www.gsa.gov/real-estate/...
*PROPERTIES INCLUDE HHS AND HUD HEADQUARTERS IN DC
Listed properties here: www.gsa.gov/real-estate/...
Non-core property list
Learn about our lease cost avoidance plan and its successes.
www.gsa.gov
March 4, 2025 at 10:16 PM
It’s wild that the BEST CASE scenario is a buy-leaseback bonanza for private equity that inevitably bankrupts the government.
EasyKnock, a company that took advantage of struggling homeowners by buying their homes and renting it back to them, announced abruptly that it is shutting down
A company that turned homeowners into renters abruptly shuts down
EasyKnock, which pioneered 'sale-leaseback' deals for struggling homeowners, abruptly closes its doors
www.npr.org
December 6, 2024 at 10:56 PM
EasyKnock, a company that took advantage of struggling homeowners by buying their homes and renting it back to them, announced abruptly that it is shutting down
The Curse of Private Equity
Asda to raise £568m in sale and leaseback of stores.
Company loaded with debt, cut staffing, wages.
Already sold most of its warehouses and 25 supermarkets in sale and leaseback deals. Asset stripping continues.
Company losing market share.
What next?
Asda to raise £568m in sale and leaseback of stores.
Company loaded with debt, cut staffing, wages.
Already sold most of its warehouses and 25 supermarkets in sale and leaseback deals. Asset stripping continues.
Company losing market share.
What next?
Asda to raise £568m in store sell-off as sales continue to fall
Supermarket still losing market share despite effort under Allan Leighton to win over customers with price cuts
www.theguardian.com
November 21, 2025 at 7:03 AM
The Curse of Private Equity
Asda to raise £568m in sale and leaseback of stores.
Company loaded with debt, cut staffing, wages.
Already sold most of its warehouses and 25 supermarkets in sale and leaseback deals. Asset stripping continues.
Company losing market share.
What next?
Asda to raise £568m in sale and leaseback of stores.
Company loaded with debt, cut staffing, wages.
Already sold most of its warehouses and 25 supermarkets in sale and leaseback deals. Asset stripping continues.
Company losing market share.
What next?
This will be the most corrupt sale-leaseback ever seen. Price to buy into the scam will be astronomical.
February 12, 2025 at 9:23 PM
This will be the most corrupt sale-leaseback ever seen. Price to buy into the scam will be astronomical.
Infantino thought he could bribe and bully the small country associations into doing a sale and leaseback of corruption revenue with a Kushner.
July 30, 2026 at 7:53 PM
Infantino thought he could bribe and bully the small country associations into doing a sale and leaseback of corruption revenue with a Kushner.
EasyKnock deceived countless families into selling their homes, turned them into renters, and then ripped the rug out from under them as they tried to get back on their feet.
I’m ringing the alarm so people can be on alert for these housing scams. www.npr.org/2024/12/17/n...
I’m ringing the alarm so people can be on alert for these housing scams. www.npr.org/2024/12/17/n...
Senators launch probe into sale-leaseback company, citing NPR's reporting
EasyKnock, the subject of the probe, announced its sudden closure earlier this month.
www.npr.org
January 2, 2025 at 7:18 PM
EasyKnock deceived countless families into selling their homes, turned them into renters, and then ripped the rug out from under them as they tried to get back on their feet.
I’m ringing the alarm so people can be on alert for these housing scams. www.npr.org/2024/12/17/n...
I’m ringing the alarm so people can be on alert for these housing scams. www.npr.org/2024/12/17/n...
Mid-market dramas and comedies shot for theaters and not for streaming or international sale-leaseback.
June 2, 2025 at 11:59 PM
Mid-market dramas and comedies shot for theaters and not for streaming or international sale-leaseback.
Oh, 1980s rolling stock leaseback nonsense
January 23, 2025 at 12:21 AM
Oh, 1980s rolling stock leaseback nonsense
Every article about Red Lobster filing for bankruptcy is "ha ha endless shrimp, what did they think would happen" and then buried ten paragraphs down is the usual:
May 15, 2024 at 1:46 AM
Every article about Red Lobster filing for bankruptcy is "ha ha endless shrimp, what did they think would happen" and then buried ten paragraphs down is the usual:
Car park collapse is a warning to leaseback-loving retailers ft.trib.al/ZBFYVvh | opinion
Car park collapse is a warning to leaseback-loving retailers
UK supermarkets that sell and then rent back their property should take note of NCP’s failure
ft.trib.al
April 2, 2026 at 5:00 AM
Car park collapse is a warning to leaseback-loving retailers ft.trib.al/ZBFYVvh | opinion
Sleazy companies treating housing as a speculative investment and bilking people of their savings and/or housekeys remain sleazy!
Courts, regulators tackle whether 'sale-leaseback' deals are actually loans
Courts are tackling the question of whether sale-leaseback deals function more like a mortgage than an outright sale — and therefore should be regulated like a loan.
www.npr.org
July 6, 2024 at 7:34 PM
Sleazy companies treating housing as a speculative investment and bilking people of their savings and/or housekeys remain sleazy!
Asset-stripping
Asda and Morrisons’ private equity owners raise £6.5bn by selling supermarkets, petrol forecourts, distribution centres.
Companies deliberately loaded with debt.
Sale and leaseback of supermarkets increases offshore controllers' profits, reduces UK tax liability.
archive.ph/6McJ4
Asda and Morrisons’ private equity owners raise £6.5bn by selling supermarkets, petrol forecourts, distribution centres.
Companies deliberately loaded with debt.
Sale and leaseback of supermarkets increases offshore controllers' profits, reduces UK tax liability.
archive.ph/6McJ4
Asda and Morrisons’ private equity owners raise £6.5bn in property deals
Proceeds from supermarket, warehouse and petrol station sales have been used to cut debt accrued in leveraged buyouts
www.ft.com
January 5, 2026 at 9:54 AM
Asset-stripping
Asda and Morrisons’ private equity owners raise £6.5bn by selling supermarkets, petrol forecourts, distribution centres.
Companies deliberately loaded with debt.
Sale and leaseback of supermarkets increases offshore controllers' profits, reduces UK tax liability.
archive.ph/6McJ4
Asda and Morrisons’ private equity owners raise £6.5bn by selling supermarkets, petrol forecourts, distribution centres.
Companies deliberately loaded with debt.
Sale and leaseback of supermarkets increases offshore controllers' profits, reduces UK tax liability.
archive.ph/6McJ4
Curse of Private Equity
Morrisons to close 100 stores.
Blames govt, silent on PE looting.
PE loaded company with £6.6bn debt, cut staff, sold-off petrol stations, indulged in sale and leaseback of assets, extracted returns, devoured.
To tackle PE - End tax tax relief on interest payments.
Morrisons to close 100 stores.
Blames govt, silent on PE looting.
PE loaded company with £6.6bn debt, cut staff, sold-off petrol stations, indulged in sale and leaseback of assets, extracted returns, devoured.
To tackle PE - End tax tax relief on interest payments.
Morrisons planning to close 100 stores in next few months
It said difficulties had been exacerbated by "significant cost increases resulting from government policy choices".
www.bbc.co.uk
May 22, 2026 at 11:20 AM
Curse of Private Equity
Morrisons to close 100 stores.
Blames govt, silent on PE looting.
PE loaded company with £6.6bn debt, cut staff, sold-off petrol stations, indulged in sale and leaseback of assets, extracted returns, devoured.
To tackle PE - End tax tax relief on interest payments.
Morrisons to close 100 stores.
Blames govt, silent on PE looting.
PE loaded company with £6.6bn debt, cut staff, sold-off petrol stations, indulged in sale and leaseback of assets, extracted returns, devoured.
To tackle PE - End tax tax relief on interest payments.
The only way this makes sense is as a sale-leaseback, where the government gets gouged by Musk or an ally with a property they used to own, all to realize negligible short-term revenue on the balance sheet.
bsky.app/profile/fore...
bsky.app/profile/fore...
BTW, the point isn't to convert these buildings to commercial use. The point is for Musk's buddies to buy them (at far under market rate for the square footage) and then earn income leasing them back to the feds.
March 4, 2025 at 10:51 PM
The only way this makes sense is as a sale-leaseback, where the government gets gouged by Musk or an ally with a property they used to own, all to realize negligible short-term revenue on the balance sheet.
bsky.app/profile/fore...
bsky.app/profile/fore...
Did Red Lobster go down because of its Endless Shrimp deal? @lukewgoldstein runs the numbers.
Losses from Endless Shrimp: $11 million
Sale-leaseback deal that put Red Lobster properties on the hook for rent payments: $1.5 *billion*
Losses from Endless Shrimp: $11 million
Sale-leaseback deal that put Red Lobster properties on the hook for rent payments: $1.5 *billion*
The Raiding of Red Lobster
The bankrupt casual restaurant chain didn’t fail because of Endless Shrimp. Its problems date back to monopolist seafood conglomerates and a private equity play.
prospect.org
May 22, 2024 at 1:50 PM
Did Red Lobster go down because of its Endless Shrimp deal? @lukewgoldstein runs the numbers.
Losses from Endless Shrimp: $11 million
Sale-leaseback deal that put Red Lobster properties on the hook for rent payments: $1.5 *billion*
Losses from Endless Shrimp: $11 million
Sale-leaseback deal that put Red Lobster properties on the hook for rent payments: $1.5 *billion*
leaseback scam perpetrated on the next D administration. a real “even if we lose we still win” situation
March 4, 2025 at 8:46 PM
leaseback scam perpetrated on the next D administration. a real “even if we lose we still win” situation
Curse of private equity
Debt at Morrisons hits £7.5bn.
Since the 2021 takeover by private equity, it has cut jobs;
sold forecourts, property, warehouses and is engaged in sale & leaseback of property and financial engineering.
Falling to sixth place in market share.
What next?
Debt at Morrisons hits £7.5bn.
Since the 2021 takeover by private equity, it has cut jobs;
sold forecourts, property, warehouses and is engaged in sale & leaseback of property and financial engineering.
Falling to sixth place in market share.
What next?
Morrisons debt pile swells to £7.5bn as lease liabilities climb - Retail Gazette
<div class="at-above-post addthis_tool" data-url="https://www.retailgazette.co.uk/blog/2026/08/morrisons-debt-pile-swells-to-7-5bn-as-lease-liabilities-climb/"></div>Morrisons’ debt pile has climbed t...
www.retailgazette.co.uk
August 13, 2026 at 7:01 AM
Curse of private equity
Debt at Morrisons hits £7.5bn.
Since the 2021 takeover by private equity, it has cut jobs;
sold forecourts, property, warehouses and is engaged in sale & leaseback of property and financial engineering.
Falling to sixth place in market share.
What next?
Debt at Morrisons hits £7.5bn.
Since the 2021 takeover by private equity, it has cut jobs;
sold forecourts, property, warehouses and is engaged in sale & leaseback of property and financial engineering.
Falling to sixth place in market share.
What next?
That’s got to be the goal. It’s a leaseback scheme to funnel money to connected people.
March 5, 2025 at 10:31 PM
That’s got to be the goal. It’s a leaseback scheme to funnel money to connected people.
AIUI the UK government was perfectly prepared by the late 70s to do some sovereignty/leaseback deal with Argentina (the islands being of no great value) but Galtieri needed to grandstand
September 19, 2026 at 11:08 AM
AIUI the UK government was perfectly prepared by the late 70s to do some sovereignty/leaseback deal with Argentina (the islands being of no great value) but Galtieri needed to grandstand
Ha ha, the leaseback stupidity
The General Services Administration, staffed at its upper levels by Elon Musk associates, plans to sell 500-plus buildings—some of which house government agencies and the offices of US senators.
The GSA Plans to Sell Hundreds of Its Federal Government Buildings
The General Services Administration, staffed at its upper levels by Elon Musk associates, plans to sell 500-plus buildings—some of which house government agencies and the offices of US senators.
www.wired.com
February 13, 2025 at 4:02 AM
Ha ha, the leaseback stupidity