Find more information on the issues deeply affected by private equity investments:
The Toronto Star reported how the top executive of the Public Sector Pension Investment Board (PSP), which manages the retirement funds of most Canadian federal employees, defended a controversial $700 million investment with private equity firm Pretium Partners in single-family…
Four private equity-owned mobile home companies were the subject of a recent investigative report by the Denver Post. Denver Post, September 23, 2021: Four corporate owners generate a quarter of complaints from Colorado’s mobile home residents They include RHP…
Marketplace reported on the growing concern about the influence of big corporate landlords in the U.S. housing market. Marketplace, September 29, 2021: Private equity money changed the housing market, then the pandemic hit While most of the country’s rental…
Earlier this month NPR’s Planet Money investigated what happens when big investors like private equity firms spend hundreds of millions of dollars buying mobile home parks and make them less affordable for the people who live there. NPR, August 6,…
When the Texas Supreme Court declined to extend its ruling giving judges the authority to enforce the CDC moratorium, Ally Harris, a community educator with the nonprofit Texas Housers says they essentially “nullified the CDC moratorium without going against the…
The Toronto Star probed into the $700-million (U.S.) joint venture between Pretium Partners and Canada’s Public Sector Pension Investment Board (PSP), which invests the retirement savings of most federal employees, to invest in rental homes in the United States.
Business Insider recently reported how Wall Street firms have been buying up thousands of homes — to rent them out to the same population they’re outbidding. Business Insider, June 16, 2021: Wall Street firms like BlackRock are snapping up…
NPR correspondent Chris Arnold has been reporting on the financial struggle millions of Americans are facing amidst the ongoing coronavirus pandemic. In his third piece on how Black renters face eviction at much higher rates, Arnold again reported on…
The mobile home financing market is dominated by five lenders, including 21st Mortgage and Vanderbilt Mortgage — two units of Clayton Homes, a Berkshire Hathaway business. Forty-two percent of manufactured home owners who borrow to buy a mobile home typically…
Evictions are just one of the headline risks that have cropped up around growing private equity investments in single-family rental homes. Concerns about private equity buyers inflating home prices and elbowing out first-time homebuyers have featured prominently in newspapers ranging…
NPR shared the story of Katrina Chism, a single mother in Atlanta whose landlord is Front Yard Residential, owned by private equity firms Pretium Partners and Ares Management. According to Chism, her landlord refused to accept federal rental assistance money…
CBS News featured research by the Private Equity Stakeholder Project which showed that large and private-equity backed landlords have been filing tens of thousands of evictions since the CDC’s eviction moratorium order was passed. Private equity firms and other…
