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Eviction Filings by Private Equity Firms and Other Large Landlords Surge Despite CDC Eviction Moratorium

September 23, 2020

On September 1, the US Centers for Disease Control and Prevention (CDC) announced a moratorium on residential evictions through the end of the year to help limit the spread of COVID-19, noting:

“In the context of a pandemic, eviction moratoria—like quarantine, isolation, and social distancing—can be an effective public health measure utilized to prevent the spread of communicable disease. Eviction moratoria facilitate self-isolation by people who become ill or who are at risk for severe illness from COVID-19 due to an underlying medical condition. They also allow State and local authorities to more easily implement stay-at-home and social distancing directives to mitigate the community spread of COVID-19. Furthermore, housing stability helps protect public health because homelessness increases the likelihood of individuals moving into congregate settings, such as homeless shelters, which then puts individuals at higher risk to COVID-19.”

Yet eviction filings, including evictions by private equity firms and other corporate landlords, have surged in a number of states in the weeks since the moratorium was announced.

The Private Equity Stakeholder Project reviewed eviction cases filed in Maricopa County, Arizona (Phoenix), Harris County (Houston) and Tarrant County, Texas (Ft. Worth), Shelby County, Tennessee (Memphis), DeKalb and Clayton Counties in Georgia (Atlanta), and several counties in Florida (Miami, Ft. Lauderdale, Palm Beach, Orlando, Tampa, Jacksonville) and found more than 3,500 eviction cases filed by private equity firms and other corporate landlords since the CDC eviction moratorium was announced.

Despite the CDC eviction moratorium, eviction filings by private equity firms and other large landlords appear to be accelerating. Large landlords filed at least 964 cases in the week after the CDC moratorium was announced. Last week (September 14-20), they filed more than 1,900 eviction cases in the cities listed.

Media coverage:

“Eviction Filings by Big Landlords Surged After Trump Issued Ban,” Bloomberg, Sept 14, 2020.

“How Does the Federal Eviction Moratorium Work? It Depends Where You Live,” New York Times, Sept 16, 2020.

“The CDC banned evictions, but some renters are still vulnerable,” CNBC, Sept 10, 2020.

“These 62 landlords received at least $60 million in taxpayer bailouts. Now they are evicting tenants.” Popular Information, Sept 15, 2020.


Affiliates of some of the largest landlords in the country have filed to evict tenants since the CDC moratorium was announced on September 1, including Greystar Real Estate Partners (693,000 apartments managed, 140,000 owned), Mid America Apartment Communities (100,000 apartments), Invitation Homes (80,000 rental homes), Starwood Capital (75,000+ apartments and rental homes), and Yes! Communities/ Stockbridge Capital (56,000 mobile home sites).

Several landlords have filed a disproportionate number of eviction cases since September 1, including Ventron Management (162 cases), Western Wealth Capital (94 cases), Blue Magma Residential (87 cases), Crown Bay Group (74 cases), and Onni Group (74 cases).

The companies that have filed evictions since the CDC eviction moratorium was announced also include affiliates of a number of large asset managers with trillions of dollars in assets combined, including The Carlyle Group, Eaton Vance, Prudential, UBS, JPMorgan, New York Life, Nuveen/TIAA-CREF, LaSalle Investment Management, Highland Capital, Angelo Gordon & Co, and AEW Capital Management.

A list of landlords that have filed evictions since the CDC moratorium was announced is below.

In some counties, eviction filings by private equity firms and other corporate landlords have accounted for the overwhelming majority of cases in recent weeks. For example, in DeKalb County, Georgia, large landlords filed at least 550 of the 656 eviction cases filed there last week (Sept 14-20).

LandlordEviction Cases Filed Since Sept 2
Ventron Management, LLC162
Western Wealth Capital94
Blue Magma Residential87
Crown Bay Group74
Onni Group74
River Valley Communities62
GoldOller Real Estate Investments54
Avila Real Estate52
Weidner Apartment Homes48
InterCapital Group47
Olive Tree Holdings47
Villa Serena Communities45
The Barry Company44
Camden Property Trust43
Priderock Capital Management39
Asia Capital Real Estate Management (ACRE)37
Inwood Holdings37
Bridge Investment Group35
Invitation Homes35
Cannell Capital Partners33
Odin Properties32
American Landmark Apartments30
Benedict Canyon Equities30
Stoneweg US30
Republic Funds29
Eaton Vance28
Steadfast Companies28
S2 Capital27
GEM Realty Capital26
Northport Realty26
The Walden Group26
Carroll Organization25
Gables Residential24
Heers Management24
Pro Residential23
29th Street Capital22
FPA Multifamily22
Besyata Investment Group21
Capital Real Estate21
Forum Investment Group21
Friedlam Partners21
Mid-America Apartment Communities21
Tzadik Management21
3rd Ave Investments LLC20
Highland Capital/ Nexpoint Advisors, L.P.20
Jevan Capital20
Next Round Asset Management20
Amity Companies19
The Carlyle Group19
Melo Group19
Front Yard Residential18
Strata Equity Group18
Sun Communities18
Sureste Property Services18
True North Management Group18
GPI Investment17
Madera Residential17
Provence Real Estate, LLC17
Federal Capital Partners16
Iliad Realty Group16
Main Street Renewal16
The Finger Companies16
BH Equities15
Klingbeil Capital Management15
Bean Investment Real Estate14
PGIM (Prudential)14
The ValCap Group14
Turner Impact Capital14
YMP Real Estate Management14
Atlantic Multifamily13
Bellrock Management13
Merion Realty Partners13
Nitya Capital13
WRH Realty13
C-III Capital Partners12
Grand Estates MHP Management12
Millrock Development12
Omninet Capital12
Pacifica Companies12
Yes! Communities12
Price Realty Corporation11
The Collier Companies11
Tides Equities11
GMF Capital10
Greystar Real Estate Partners10
MG Properties Group10
Mosaic Residential10
MVAH Partners10
Ram Realty Advisors10
The Richman Group10
Turnstone Capital Management10
AEW Capital Management9
Colrich/ Harbert Management Corporation9
Croatan Investments9
Ginsberg Property Group9
Hamilton Zanze9
Lancaster Apartment Ventures9
Maxx Properties9
McKinley, Inc.9
Mid-America Apartments9
Peak Capital Partners9
Sterling Group9
Fairfield Residential8
Fifteen Group8
IMT Residential8
Kairos Investment Management8
Knightvest Capital8
Liv Communities/ IPA8
MLA Properties8
Olympus Property8
Sentinel Peak Capital Partners8
Westmount Realty Capital8
Arch Companies7
Carter Multifamily7
Coastline Group7
Florida East Coast Realty7
GAIA Real Estate7
GFP Holdings7
Interurban Companies7
Lindemann Multifamily Management7
Oxford Properties7
Pacific Transwest Real Estate7
Structure Capital, LLC7
Sylvan Road Capital7
TLR Group7
Almanac Realty Investors6
AMLI (Morgan Stanley)6
Avanath Capital Management6
Cardone Capital6
Caspian Properties6
Clear Capital, LLC6
Crest Asset Management6
Darwin German Real Estate Investments6
ECI Group6
Elite Street Capital6
FLM Enterprises6
Kairoi Residential6
Momentum Real Estate Partners6
NRP Group6
NuRock Companies6
Parkland Ventures6
Read Property Group6
REM Multifamily6
White Eagle Property Group6
37th Parallel Properties5
Ambrus Asset Management5
American Realty Investors5
Aspen Square Management5
Audubon Communities5
Axiom Realty Partners, LLC5
Blue Roc Premier5
Deancurt Realty5
FSC Realty5
GR Partners5
Grupe Companies5
Jupiter Capital5
King Rook Capital5
Majority Capital Advisors5
Nighthawk Equity5
RAAMCO International5
Resource Real Estate5
Robbins Property Associates5
Starwood Capital Group5
Sutter Hill Developments5
The Roxborough Group5
The TREO Group5
Transcendent Investment Management5
Trilogy Real Estate Group5
Virtu Investments5
AV Properties4
B/K Multifamily4
Baron Properties4
Bluerock Residential4
Code Real Estate Partners4
Cortland Partners4
CWS Capital4
CX Holdings LP4
Eagle Property Capital4
Emet Capital Management4
Ergas Group4
GDE Renovations4
Green Courte Partners4
Greyson Capital Group4
Harbor Group International4
Independence Realty Trust4
JRK Property Holdings4
Landmark Homes4
Mark-Taylor Companies4
Milestone Group4
Mill Creek Residential Trust4
Monroe Group4
MRT Realty Group4
NorthEnd Equities LLC4
Oro Capital Advisors4
Park Drive Equities4
Property Markets Group4
Providence Management Company4
Shephard Investment Group4
Siegel Suites4
Sundance Bay Multifamily4
The Giddings Group4
Three Pillars Capital Group4
TriBridge Residential4
Westdale Asset Management4
Wexler Partners4
White Oak Partners4
Access Ventures3
Acumen Global3
Allen Harrison Company3
Ares Management3
Atlantic | Pacific Companies3
AvalonBay Communities3
Boston Financial Investment Management3
Brookfield Asset Management3
Commerce Capital Partners3
Core Realty Holdings Management3
Crown Holdings Group3
Dominium Apartments3
Everest Properties3
Falkin Platnick Realty Group3
Fundamental Advisors LP3
Goldelm Capital LLC3
HM Equity Management3
Home Partners of America3
Hone Capital3
Insula Companies3
Intercontinental Real Estate Corporation3
Lantower Residential3
LaSalle Investment Management3
LEM Capital, L.P.3
McCann Realty Partners3
MG Real Estate3
NALS Apartment Homes3
National Property Management Associates3
Nuveen/ TIAA-CREF3
Pelican Realty Management3
Pensam Capital3
Progress Residential3
Sares Regis Group3
The Altman Companies3
Triangle Capital Group3
Tricon Capital3
Tricon Capital Group3
Trinity Property Group LLC3
Tudor McLeod Asset Management3
Urban Communities Fund3
Veritas Equity Management3
Waterford Residential3
Weinstein Properties3
Pacific Oak Capital Markets Group2
Abacus Capital Group2
Abington Properties2
Alliance Residential2
Angelo Gordon & Co2
Atlas Capital2
Avantic Residential2
Axonic Properties LLC2
Bear Holdings Group2
Berkshire Residential Investments2
BH Management2
Cambridge Management2
Campus Apartments, LLC2
Capital Square2
Castle Lanterra Properties2
Centennial Holdings2
Central Florida Investments, Inc.2
City Gate Property Group2
Comfort Communities2
Copperline Partners2
Cypress Point Equity Partners2
Davis Development2
Gamma Real Estate2
Garden Homes2
Geringer Capital2
Lakeshore Management2
LDG Development2
Millennium Management2
Next Fortune Capital2
Northwood Investors/ Ravin Partners2
ORIX Real Estate Capital/ Zaremba Residential2
Pacific Capital2
Pathfinder Partners2
Pennant Group2
Phoenix Realty Group2
Praedium Group2
Praxis Capital2
Real Estate Inverlad2
RHP Properties2
Rivard Group2
Sheiner Group2
Simpson Housing2
Southport Financial Services2
Terra Vista Investment Management2
The Barrington Group2
The Coastline Group2
The Connor Group (OH)2
The Sterling Group2
Venterra Realty2
Watermark Residential2
Abbey Residential1
Affordable Housing Partners, Inc.1
Alco Management1
Ambrus Management1
Atlas Rents1
Autumn Lane Advisors1
Avesta Homes LLC1
Beachwold Residential1
Bear Capital Partners1
Beitel Group1
BH3 Asset Management1
Bigelow Companies1
CED Cos.1
Centennial Investment Properties1
Cerberus Capital1
Clarion Partners1
Cocke Finkelstein1
Dalcor Companies1
Deancurt Realty Group1
Disrupt Equity Partners1
Divvy Homes1
Eagle Real Estate Investment1
EBSCO Industries1
Equity Lifestyle Properties1
FCI Residential1
FifeCo Capital LLC1
Frankforter Group1
Gamla Cedron Group1
Gardner Capital1
Harvest Properties1
Hawthorn Senior Living Communities1
Henley Investments1
Holualoa Cos1
Ilan Investments1
Insite Realty Partners1
Investors Capital Group1
JK Properties1
Keller Investment Properties1
KENCO Residential1
Lincoln Property1
Maxus Properties1
MBP Capital1
New York Life1
Northland Investment Corporation1
Osprey Capital1
Pierce Education Properties, L.P.1
Pillar Communities1
Promise Homes1
Prospect Ridge Advisors1
RADCO Companies1
Read Property Group LLC1
RealSource Residential1
Rhodium Capital Advisors1
Seneca Investments1
Starlight Investments1
Sunstone Properties Trust1
Taft Forward Property Management Group1
TESCO Properties, Inc1
The Shoptaw Group1
Turnstone Capital Management Group1
UBS Realty Investors1
Venue Investments1
Wehner Multifamily1
Whitaker Capital1
Whiteco Residential, LLC1
Wynkoop Financial1

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