Find more information on the issues deeply affected by private equity investments:
“They are one of the worst landlords in our service area. They charge improper, or in some cases, illegal fees, they lock people out of the [online] rent portal when the tenant doesn’t pay these improper fees, they give the tenant…
On September 21st, 2022, a tenant representative from Southern Towers attended the annual Council for Institutional Investors (CII) Fall Conference, and spoke on a panel titled, “Responsible Investment in Residential Real Estate.” The tenant informed conference attendees about…
Investing In The Housing Crisis An exploration of the North Carolina public pension system’s relationship with Landmark Partners and the Single Family Rental industry A new report by PESP researchers Jordan Ash and Madeline Bankson, with contributions from Amee…
New Report Reveals How North Carolina Retirement Systems’ Private Equity Investments Support Controversial Corporate Landlord Progress Residential Charlotte, NC – Private Equity Stakeholder Project (PESP), Action NC, and Renters Rising released a new …
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…
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…
“To study property ownership in the Bay Area, the Chronicle combed through millions of unique property and business documents, consulted experts and called on additional data sets, eventually uncovering companies that…
Gentrification is a nation-wide problem that is only being exacerbated by collaborations between private equity firms and large developers. Through buying large properties, private equity firms push out small businesses and families who have lived in communities for…
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…
NPR was one of several media outlets reporting on the findings of a yearlong investigation by a Congressional subcommittee on four corporate landlords that “were quick to push out renters during the pandemic, and filed nearly three times…
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…
Private equity-owned companies Yes! Communities and Inspire Communities have been in the news recently for their activity in the manufactured housing sector. Manufactured housing, also known as “mobile homes”, represents “the largest sector of non-subsidized affordable housing in the United…
