Find more information on the issues deeply affected by private equity investments:
In January 2021, private equity firms Pretium Partners and Ares Management acquired Front Yard Residential/ Havenbrook Homes for an estimated $2.5 billion making this deal the Single-Family Rental industry’s first public-to-private transaction.[1] Pretium Partners now owns an estimated 66,000…
The Pennsylvania Public Schools Employees Retirement System, a $70 billion pension fund that oversees pensions for more than 500,000 working and retired teachers and other school workers, voted almost unanimously against a recommendation of investing another $25 million into one…
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…
Despite the existence of multiple national programs intended to halt evictions and assist indebted renters, private equity firms and other corporate landlords have filed to evict more than 106,000 families in counties throughout Georgia, Florida, Texas, Arizona, Tennessee, and…
Private equity industry publication PERE’s September cover story focuses on private equity’s growing investments in single-family rental homes. In addition to filing to evict thousands of residents during the pandemic, corporate owners of single family homes are influencing market dynamics…
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,…
With the US Supreme Court’s August 27 decision to lift the CDC eviction moratorium, private equity firms and other corporate landlords that have filed to evict at least 85,000 residents since the federal eviction moratorium took effect face a…
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…
Clyburn deeply troubled that many large corporate landlords have been aggressively attempting to remove thousands from their homes On July 27, the Private Equity Stakeholder Project (PESP) testified at a Hearing of the House Select Subcommittee on the Coronavirus…
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.
With the expiration on July 31 of the CDC eviction moratorium, private equity firms and other corporate landlords who have filed to evict at least 75,000 residents since the federal eviction moratorium took affect face a choice – work with…
