Private equity is buying up homes in Ohio
A recent article in the Columbus Dispatch, “When Wall Street is your landlord: How institutional investors impact central Ohio,” found that six corporate landlords have acquired a…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Private Equity Multi-Family Housing Tracker
➡️ Introduction ➡️ Key Points ➡️ The Private Equity Business Model ➡️ Private Equity Landlords and RealPage ➡️ Problems at Private Equity-Owned Apartments ➡️ Ownership Numbers ➡️ Acquisitions ➡️ Geographic Concentration ➡️…
The Washington Post: Rising rents were a crisis for tenants. For landlord Starwood, they were a gift.
The Washington Post found that apartments sold to private investors and real estate trusts rose from 44 percent in 2011 to 70 percent in early 2022, with few benefiting more than Starwood Capital Group. Over the past seven years,…
Law360: Wall Street’s Single-Family Home Grab, Phoenix — Part 5; Where Local Meets National
Law360 has been reporting “how Phoenix is at the forefront of the rolling transformation of tens of thousands of single-family homes into corporate rentals.” Law360, October 19, 2022: Wall Street’s Single-Family Home Grab, Phoenix — Part 5; Where…
Private equity firms now rank among the largest owners of US subsidized affordable housing properties
In the last few years, private equity firms including The Blackstone Group and Starwood Capital have become some of the largest owners of subsidized affordable housing in the United States, acquiring apartment properties with more than 138,000 units backed by…
PESP Testifies with ACRE and Other Advocates at House Financial Services Hearing
Private Equity Stakeholder Project Executive Director Jim Baker joined with representatives from the Action Center on Race and the Economy (ACRE) and the Georgia Institute of Technology at the US House Committee on Financial Services: Where Have…
Private Equity Stakeholder Project Presents Eviction Data on National Low Income Housing Coalition call
Private Equity Stakeholder Project Executive Director Jim Baker presented data on the National Low Income Housing Coalition’s (NLIHC’s) National Call on the HoUSed Campaign for Universal, Stable, & Affordable Housing. Baker spoke after a representative from the CFPB talked about…
New Report Shows Government Subsidies to Corporate Landlords Did Not Slow Evictions, But Made Them Worse
The nation’s largest corporate landlords received about $320 million in federal COVID-19 relief subsidies, but still filed thousands of evictions — even during the CDC moratorium. After months of research into eviction data and COVID-19 subsidies, Jobs With Justice…
New Report Shows Government Subsidies to Corporate Landlords Did Not Slow Evictions, But Made Them Worse
The nation’s largest corporate landlords received about $320 million in federal COVID-19 relief subsidies, but still filed thousands of evictions — even during the CDC moratorium. After months of research into eviction data and COVID-19 subsidies, Jobs With Justice…
Ignoring COVID-19 Surge and CDC Moratorium, Corporate Landlords Press Evictions
While the recent surge in COVID-19 cases around the US has overwhelmed hospitals and led governments to reimpose restrictions, many private equity firms and other corporate landlords that own apartment buildings, rental homes, and mobile home parks do not seem…
Eviction Actions by Corporate Landlords Increase Despite CDC Moratorium, Recent Surge in COVID-19 Cases
On September 1, the US Centers for Disease Control and Prevention (CDC) announced a moratorium on residential evictions through the end of the year to help limit the spread of COVID-19, noting:…
NBC News: “Large Corporate Landlords Have Filed 10,000 Eviction Actions in Five States Since September”
Earlier this week, NBC News featured a lengthy investigative story by Gretchen Morgenson on evictions by private equity firms and other corporate landlords since the US Centers for Disease Control and Prevention (CDC) announced an eviction moratorium on September 1…
