Welcome

Private Equity Landlord Seeking to Evict Renters Despite Ban

April 14, 2021, 1:00 PM

Corporate landlords backed by private-equity firms are seeking to evict thousands of cash-strapped tenants despite a federal moratorium, a group tracking the companies said.

Firms controlled by Pretium Partners LLC have sought evictions for unpaid rent against 1,300 residents in seven states, the Private Equity Stakeholder Project, an advocate for industry accountability, said in a report issued Wednesday.

Pretium rental companies Progress Residential and Front Yard Residential Corp. moved to oust tenants after the Centers for Disease Control issued a haltto evictions in September,with a disproportionate number of filings in majority Black areas, according to court filings ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.