Find more information on the issues deeply affected by private equity investments:
The Private Equity Stakeholder Project has released “Part 2: Challenging State Preemption of Local Affordable Housing Initiatives” as part of its Tools for Tackling Corporate Landlords report series. The series uplifts state…
CalMatters reported how two years ago, “Blackstone bought 66 relatively low-rent apartment buildings in San Diego County from a charitable foundation. Tenants of those 5,800 dwellings say they see rent increases, maintenance issues and evictions in their futures.” CalMatters,…
Politicians in Ohio’s General Assembly are seeking to challenge corporate landlord consolidation and give Ohioans a better shot at affordable housing with new legislation. Introduced in the Ohio’s Senate Ways and Means Committee in March by Sen. Lou W. Blessing,…
A recent investigation by Vice looks at how “large corporate landlords—including private equity, real estate investment trusts and hedge funds” have begun to “put more resources into multifamily and single family homes” since the 2008 real estate crash and the…
There is a disturbing pattern in Blackstone-owned rental properties in Florida. In at least 33 cases over the last year at properties owned by Blackstone’s single family rental subsidiary Home Partners of America, Blackstone filed to evict the tenant and…
Next week, private equity and real estate giant The Blackstone Group will hold its Global Real Estate LP Conference and Global Private Equity LP Conference at the luxurious The Boca Raton resort in Boca Raton, Florida. The resort…
Fox13 in Utah looked at how some Salt Lake City apartments owned by investment firms and managed by large corporations impose multiple, often unaffordable fees on top of rent in order to generate more income. Fees are a feature of…
A committee in Frederick, Maryland has recommended changes to the city’s rules for licensing rental properties. The committee’s suggestions fall in line with recommendations outlined in Private Equity Stakeholder Project’s recent report, “Tools…
Columbus, Ohio’s NBC4 featured a story about PESP’s recent report that looked at Progress Residential, a landlord with more than 1,100 properties in central Ohio. NBC4, April 17, 2023: Report calls for changes by ‘predatory’ central Ohio…
On Wednesday, May 3, 2023, the U.S. Securities and Exchange Commission (SEC) adopted new amendments to enhance private fund reporting. According to the SEC, the rule amendments will “enhance the ability of the Financial Stability Oversight Council (FSOC) to…
Private equity firm The Carlyle Group reported earlier this week that its fundraising declined by 48% over the last twelve months through March 2023.[1] Carlyle reported raising $27.6 billion during the twelve months ending March 31, 2023…
What Silicon Valley Bank’s collapse and bailout mean for private equity, and how regulators can prevent a future crisis Silicon Valley Bank collapsed on March 10, 2023 following a dramatic bank run. Regulators had to step in to contain the…
