Raising the Industry Standard
Prior to 2006, the Industry Standard was the review of leases by an attorney.
In 2006, PPA raised the Industry Standard by focusing on the financial and operational (business) terms of the real estate leases.
Endorsed by Bill Framann, Kirkland & Ellis PE Practice Head,
Since 2006, PPA has been identifying and mitigating real estate business risk for esteemed PE clients including, Sheridan Capital, GTCR, CapStreet, et al. and their portfolio companies
PPA bridged this gap and the rest is history.
Business Terms vs. Legal Terms in Leases...
Business Terms - financial and operational (actual)
Legal Terms - legal rights and remedies in response to a problem or dispute (hypothetical)