Find more information on the issues deeply affected by private equity investments:
Citing Blackstone’s history of raising rents and evicting tenants, advocates implore pension funds to stop the firm from acquiring SFR company Tricon Residential Ahead of today’s meeting of the Los Angeles County Employees Retirement Association (LACERA), the…
Law360 covered opposition to the recently-announced acquisition of real estate firm Tricon Residential by private equity giant Blackstone, the largest landlord in the U.S. Private Equity Stakeholder Project and our partners at the…
A recent Noticias Telemundo article examines how Latino renters and buyers are being priced out of housing as a result of the increase in corporate landlords—including private equity firms such as Blackstone—in the housing market. Noticias…
Finance Watchdog Group: Blackstone’s Acquisition of Tricon Will Accelerate the Affordable Housing Crisis and Harm Tenants PESP Calls on Investors and Regulators to Reject Deal Following the announcement that private equity giant Blackstone…
As previously discussed on the Private Equity Stakeholder Project blog, the property management software corporation RealPage has been under scrutiny from several senators after the…
A new report by the Private Equity Stakeholder Project (PESP) and African Communities Together (ACT), found that since the Southern Towers Apartment Complex, located in Alexandria, Virginia, was purchased by the Los Angeles-based private equity firm…
On November 13th, Private Equity Stakeholder Project (PESP) staff traveled to Washington D.C. to participate in a Tenant Takeover. The multi-day convening was hosted by the People’s Action Homes Guarantee Campaign, and featured…
On December 5, Representative Adam Smith (D-Wash.) and Senator Jeff Merkley (D-Ore.) teamed up to introduce the End Hedge Fund Control of American Homes Act of 2023. This legislation was introduced to address the growing problem of housing consolidation by Wall…
Over the last 15 years, CIM has been the center of headlines in the New York Times, Washington Post, Los Angeles Times, and Wall Street Journal, among other media outlets. The news stories have covered a range of issues: CIM’s…
The report highlights housing policies that would curb abuses by corporate landlords and existing housing laws. Today, the Private Equity Stakeholder Project (PESP) released the latest installment of its Tools for Tackling Corporate Landlords policy report series, which focuses…
Tenant advocates and government officials are expressing mounting concerns over the acceleration of corporate investment in housing. Housing financialization first gained momentum following the 2007-2008 mortgage crisis when Wall Street firms acquired foreclosed homes en masse. In recent years, the…
In The Atlantic piece, “The Secretive Industry Devouring the U.S. Economy,” author Rogé Karma examines how private equity has taken one-fifth of formally publicly-traded companies off the market and effectively hidden them from investors, the media, and regulators.
