Find more information on the issues deeply affected by private equity investments:
Citing landlord abuses and property neglect, tenants and homeowners associations are leading the pushback against private equity’s increasing investments in single family rentals. State officials and the Biden administration are also increasing pressure against institutional investors to keep housing affordable,…
A new report was released last week by Action Center on Race and the Economy, Private Equity Stakeholder Project and Center for Popular Democracy. “The National Rental Home Council: How America’s Largest Single-Family Landlords Put Profit Over People”…
After recent critical media coverage of private equity firms’ behavior in the housing market as revealed by the Pandora Papers, Sen. Elizabeth Warren sent letters to Progress Residential, Invitation Homes and American Homes 4 Rent, companies and…
In January the US Senate Committee on Banking, Housing, and Urban Affairs hosted a virtual briefing and listening session with renters from across the country to hear about their experiences living in rental properties owned by large corporate owners,…
Bloomberg looked at how private equity money pouring into single family home purchases is turning first-time homebuyers into renters. Bloomberg Businessweek, February 18, 2022: Wall Street Is Buying Starter Homes to Quietly Become America’s Landlord It…
On February 10, 2022, Minnesota Attorney General Keith Ellison announced that he had filed a lawsuit against Havenbrook Homes, Front Yard Residential, and Pretium Partners, which collectively own more than 600 single-family residential rental properties in Minnesota. The lawsuit…
Last Spring, More Perfect Union released a video that described how “the former head of mortgage and credit investments at Goldman Sachs, Don Mullen Jr. — the man who famously made millions off predicting and exacerbating the national housing crisis…
The US Senate Committee on Banking, Housing, and Urban Affairs this week is holding a tenant listening session (February 8, 10:00 AM EST) and a hearing (February 10, 10:00 AM) on “How Institutional Landlords are Changing the Housing…
Private equity firms and other corporate landlords filed to evict at least 123,761 families in various counties in Georgia, Florida, Texas, Arizona, Tennessee, and Nevada in 2021. Since the start of the pandemic, corporate landlords have filed at least…
The Washington Post, ICIJ and Telemundo published an investigation on how private equity firm Pretium Partners took advantage of the 2008 housing crisis to benefit the wealthy to the detriment of middle class families seeking housing. The Washington Post, December…
The Toronto Star traced the evolution of Pretium Partners, a private equity fund which is now a “real estate behemoth” devised by former Goldman Sachs executive Don Mullen who made a fortune predicting the U.S. housing collapse in 2008. Toronto…
Throughout 2021, Pretium Partners was the object of much scrutiny for its treatment of tenants in the properties it owned. For instance, in response to coverage by NPR and Bloomberg in June, Senate Banking Committee Chair Sherrod…
