Coverage of PESP’s updated Multi-Family Housing Tracker

Last month, PESP released an update to the Private Equity Multi-Family Housing Tracker, generating significant media coverage in a number of outlets. The updated tracker showed that private equity firms now own about 13% of all U.S. apartment units, with concentrations in some metros reaching nearly 40%. 

Private equity firms now own nearly 40% of Triangle apartments. Why it matters.
The News & Observer

As the Triangle booms, its rental market is increasingly being steered not by local owners but by “Wall Street” landlords, PESP spokesperson Sam Garin, told The News & Observer in an email. The effects are showing up, she said, in “rising costs and shrinking affordability.” “We need policymakers to take action to rein in the worst abuses,” Garin said.

Private equity companies buy more apartment units
Stateline

Private Equity Now Owns 1 in 8 Apartment Units, a 50 Percent Increase Since 2021
Truthout

Private-equity firms expanding ownership stakes in Triad apartment market
Winston-Salem Journal

Nearly 3 Million Apartment Units Now Owned by Private Equity
CRE Daily

3 million
Governing

Private Equity Ramps Up Apartment Ownership Across the U.S.
Globest