Find more information on the issues deeply affected by private equity investments:
There has been substantial media coverage of Oregon Senator Jeff Merkley’s introduction of legislation aimed at limiting hedge fund and private equity ownership of residential housing. KZTV, November 30, 2022: Merkley introduces bill to ban hedge fund ownership of…
“That has put tenants and landlords on a collision course. The battle between the Southern Towers tenants and CIM could presage what’s to come across America.” A recent Insider article detailed problems at the Southern Towers apartment complex in Northern…
“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…
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 …
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…
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…
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…
The Kern County Employees Retirement Association (KCERA) board will vote today on whether to commit $40 million in the Landmark Real Estate Partners Fund IX. Landmark is a major investor in Progress Residential, the second largest owner of…
In the last few years, private equity firms including The Blackstone Group and Starwood Capital have become some of the largest owners of subsidized affordable housing in the United States, acquiring apartment properties with more than 138,000 units backed by…
