Find more information on the issues deeply affected by private equity investments:
Last week, Senator Maggie Hassan, ranking member of the Joint Economic Committee, launched a probe of six corporate owners of manufactured housing communities, including Alden Global Capital’s Homes of America, for alleged mistreatment…
Thoma Bravo’s RealPage has been the subject of controversy due to allegations of artificially inflating rental prices and furthering inequities within the housing market. RealPage and similar algorithmic software bans were the subject of over 44…
Last week, Senator Maggie Hassan of New Hampshire launched an investigation into six corporate owners of manufactured housing communities, including Alden Global Capital’s Homes of America. PESP has been tracking allegations of mistreatment of Homes of America residents…
The Private Equity Stakeholder Project (PESP) was founded in 2017 to address the growing impacts of private equity on people and the planet. We are a resource to the communities, individuals, and organizations grappling with these impacts. In the coming…
In late October, members of the Detroit Tenants Union gathered at River Pointe Tower, an affordable senior housing complex on the east side of Detroit, to demand that their private equity landlord join them at the bargaining table.
In November, the Wall Street Journal reported that Blackstone was selling off a portfolio of about 90 senior housing properties, incurring over $600 million in losses. In its article “Blackstone is Offloading a Flopped $1.8 Billion Investment…
Zohran Mamdani will begin his term as New York City’s mayor on January 1, bringing with him a groundbreaking spate of policy proposals aimed at promoting affordability and improving quality of life for working New Yorkers. The incoming…
There has been a recent settlement related to the public movement against RealPage, the property-management software purchased by private equity firm Thoma Bravo in 2021. RealPage has been accused of assisting landlords in artificially inflating rents through…
The Miami Workers Center (MWC) is a community-based organization which organizes towards dignity, power, and self-determination with workers, tenants, women, and families across Miami. Since 1999, MWC has run grassroots campaigns to strengthen and expand rights and resources…
Today, 24 residents of Yes! Communities across four states and advocacy groups MHAction and the Private Equity Stakeholder Project published an open letter to Brookfield Asset Management urging the private equity firm to commit to a basic…
On September 11, the Private Equity Stakeholder Project (PESP) gave public comment at the Texas County and District Retirement System (TCDRS), Board of Trustees’ Meeting about TCDRS’s investment in Thoma Bravo, the private equity firm that acquired the…
The Tenant Union Federation (TUF), a nationwide coalition of tenant unions with locals in five states and dozens more affiliated unions across the country, has launched a groundbreaking multi-state organizing campaign against the corporate landlord Capital Realty Group.
