Find more information on the issues deeply affected by private equity investments:
Reuters reported how corporate investors “piled into the U.S. property market during the COVID-19 pandemic, in part as many smaller landlords were hit hard by non-payment from tenants who were protected by eviction moratoria.” See: Reuters; The…
Asking the question, “What does it mean when your family’s home is owned by a private equity firm?” Next City Executive Director Lucas Grindley talked with housing correspondent Roshan Abraham about his reporting on Inquilinxs Unidxs Por Justicia (IX),…
CNBC reported on how institutional investors “may control 40% of U.S. single-family rental homes by 2030” and how “a group of Washington, D.C., lawmakers say Wall Street needs to back away from the market.” CNBC, February 21, 2023: Wall…
Articles published by the Financial Times and Business Insider reported how “investment giant Blackstone has increased its eviction filings in the South and the West,” filing hundreds of eviction cases against its tenants in Georgia and Florida. Financial Times, January…
A new article from Hawai’i Business Magazine covers the effect of Blackstone and other firms in Hawai’i’s West Oahu rental market, relaying tenants’ experiences with rising rents and added fees. Hawai’i Business Magazine:…
Since September 2022, Atlanta-based journalism outlet 11Alive News has been publishing a series of televised news stories about ongoing issues Progress Residential. Owned by private equity group Pretium…
Progress Residential, with over 85,000 single-family rental (SFR) homes, is now the largest SFR owner in the U.S., surpassing Invitation Homes. The company has been growing at a rapid rate, accompanied by criticism and protests from tenants and community…
After private equity firm Capital Realty bought an age-restricted affordable housing complex, its “residents are facing huge rent hikes, potentially more than doubling what they must pay now, leaving elected officials and advocates to untangle a…
Marketwatch joined other media outlets in covering the report published by the House Select Subcommittee on the Coronavirus Crisis’ investigation into the eviction actions of four corporate landlords Marketwatch, July 29, 2022: Corporate landlords harassed…
A recent article from the Canadian Broadcasting Corporation (CBC) gives light to concerns that private equity and other institutional investors could soon come to dominate Canada’s housing market. This problem is already widespread…
Institutional investors are eyeing Houston’s high rental home demand and are quickly purchasing single family homes to convert into rental units, according to a recent story by Community Impact. Community Impact, July 8,…
The housing crisis in the United States continues to rage on, with rents rising to historic levels across the country, especially for single family rentals (SFR). Unfortunately, not all Americans are impacted equally, with communities of color seeing…
