Private Equity Stakeholder Project (PESP) – Statement for the Record
July 27, 2021 Hearing of the House Select Subcommittee on the Coronavirus Crisis
Oversight of Pandemic Evictions: Assessing Abuses by Corporate Landlords and
Federal Efforts to Keep Americans in Their Homes
Chairman Clyburn, Ranking Member Scalise, and members of the Subcommittee, thank you for
the opportunity to provide a statement regarding the March 25, 2021 hearing “Oversight of
Pandemic Evictions: Assessing Abuses by Corporate Landlords and Federal Efforts to Keep
Americans in Their Homes” by the House Select Subcommittee on the Coronavirus Crisis.
My name is Jim Baker and I am the executive director of the Private Equity Stakeholder Project.
The Private Equity Stakeholder Project is a non-profit organization focused on tracking the
impacts of investments by private equity firms and similar Wall Street firms on ordinary people,
including residents of apartments, rental homes, and mobile home communities.
Since early in the pandemic, we have tracked eviction filings by private equity firms and other
corporate landlords across dozens of counties in several states – Florida, Georgia, Texas,
Tennessee, Arizona, and Nevada.
What we have seen is striking. Private equity firms and other corporate landlords have filed to
evict at least 75,000 residents since the Trump administration put a moratorium in place to halt
evictions last September, which has since been extended by Congress and the Biden
administration.
These filings have disproportionately impacted residents of color, particularly Black renters.
In some cases, corporate landlords have refused to accept rental assistance even after their
residents have been approved for it.
Tracking evictions by corporate landlords
Since April 2020, the Private Equity Stakeholder Project has tracked eviction filings by private
equity firms and other corporate landlords across dozens of counties in Florida, Georgia, Texas,
Tennessee, Arizona, and Nevada.
Corporate landlords have filed to evict at least 75,000 residents in these counties since the CDC
eviction moratorium went into effect last September.
1
We have sought to gather eviction filing data at the county level and, relying on other public
records, identify which landlords are ultimately responsible for those eviction actions.
Our tracking has focused on corporate landlords with 1,000 units of housing or more.
While the geographies where we have tracked eviction filings represent a broad cross section of
the country, it really just scratches the surface of all of the eviction actions that have been filed
during the pandemic.
Most frequent filers of eviction actions
The top thirty filers of eviction actions that in these geographies since the federal eviction
moratorium took effect on September 4, 2020 include:
Landlord
Since Sept 4, 2020
Pretium Partners (Progress Residential, Front Yard Residential)
1,739
Ventron Management, LLC
1,469
Western Wealth Capital
1,313
S2 Capital
1,291
Invitation Homes
888
Mid-America Apartment Communities
842
American Landmark Apartments/ Electra America
778
Bridge Investment Group
771
Tides Equities
737
Madera Residential
726
Blue Magma Residential
701
Villa Serena Communities
662
Weidner Apartment Homes
658
Onni Group
596
Siegel Group
583
Main Street Renewal
540
Camden Property Trust
531
Crown Bay Group
504
Olive Tree Holdings
481
Avila Real Estate
451
Harbor Group International
438
McKinley, Inc.
436
Asia Capital Real Estate Management (ACRE)
436
Pro Residential
435
Carroll Organization
428
Dominium Apartments
412
Cortland Partners
407
River Valley Communities
401
Greystar Real Estate Partners
396
Intercapital Group
395
A full list count of eviction filings by corporate landlords since the CDC eviction moratorium took
effect in September 2020 follows at the end of this document.
Some of these companies are large national owners and operators or apartments or rental
homes. Others are regional or local landlords. Of these frequent filers of eviction actions, some
landlords’ actions stand out in particular:
Pretium Partners/ Progress Residential/ Front Yard Residential
Private equity firm Pretium Partners owns rental home companies Progress Residential
and Front Yard Residential, which together have filed at least 1,730 eviction actions
since the CDC eviction moratorium took effect last September. The firms have filed more
than 1,170 evictions since the beginning of the year.
Pretium Partners has filed to evict residents in majority-Black DeKalb and Clayton
Counties in Georgia more than seven times the rate it has residents in majority-white
counties in Florida.
In a March 2021 filing, Pretium Partners’ Progress Residential called the CDC eviction
moratorium an “unconstitutional overreach” as it sought to challenge the hardship
declaration of Lichelle Reynolds, a 50-year-old Black mother of two who had an
impeccable rental history but whose hours as a claims manager for an insurer were cut
during the pandemic.
2
Beyond eviction filings, Pretium Partners’ rental home company Front Yard Residential
has drawn complaints from mostly Black residents of the company’s homes in
Minnesota, who say the company has failed to maintain their homes.
3
Invitation Homes
Publicly-traded real estate investment trust Invitation Homes is the largest owner of
rental homes in the US. Since last September, Invitation Homes has filed more than 880
eviction actions against residents of the company’s homes.
4
Despite the CDC eviction moratorium, Invitation Homes has challenged the hardship
declarations of several residents.
5
Ventron Management
Canadian-owned apartment company Ventron Management owns 26 apartment
complexes with a total of more than 8,000 units in Georgia and Florida.
6
Ventron Management has filed more than 2,300 eviction actions during the pandemic,
filing to evict almost 30% of its residents since April 2020.
7
Ventron Management has filed over 1,460 eviction actions since the federal eviction
moratorium began last September.
8
Impacts on renters of color
These filings have hit renters of color especially hard. Clayton and DeKalb Counties in Georgia,
which have majority Black populations, have seen some of the largest numbers of filings. Since
the federal eviction moratorium took effect in September 2020, the Private Equity Stakeholder
Project has documented 4,280 eviction actions by corporate landlords in Clayton County and
11,760 eviction actions in DeKalb County.
9
Private Equity Stakeholder Project in April found that since the beginning of 2021, Pretium
Partners-owned Progress Residential and Front Yard Residential have filed to evict residents in
majority-Black DeKalb and Clayton counties in Georgia at more than seven times the rate it had
residents in majority-white Seminole and Polk counties in Florida.
10
1.8%
3.8%
17.8%
23.1%
0.0% 5.0% 10.0% 15.0% 20.0% 25.0%
Seminole, FL
Polk, FL
Clayton, GA
DeKalb, GA
Progress Residential/ Front Yard Residential Eviction Filing
Rate Since January 1, 2021 (through June 30)
County
State
Eviction
Filings
1/1/21-
6/30/21
Homes
(Progress
+ Front
Yard)
Evicting
Filing rate
(Filings/
Homes)
Seminole, FL
FL
8
454
1.8%
Polk, FL
FL
14
370
3.8%
Clayton, GA
GA
171
958
17.8%
DeKalb, GA
GA
297
1,283
23.1%
Even after we presented this data to Pretium Partners and it was reported by Bloomberg in April
2021, the company has continued to file to evict residents in majority-Black counties in DeKalb
and Clayton Counties at much higher rates.
11
Since the beginning of 2021, Progress Residential and Front Yard Residential have filed to evict
at least 171 residents in Clayton County and 468 residents in DeKalb County.
12
Pretium Partners’ and Ares Management’s Front Yard Residential has sought writs of
possession to remove residents from their homes in around 100 cases in DeKalb and Clayton
Counties in recent months and evicted at least five residents in those counties since the
beginning of June. A number of these residents have filed CDC hardship declarations
13
and/or
sought to access rental assistance.
14
Varied actions by landlords on evictions
In addition to tracking evictions by private equity firms and other large landlords, since April
2020 the Private Equity Stakeholder Project has sought to engage dozens of large landlords
that own or manage a combined total of more than 4 million residential units.
Throughout the pandemic, corporate landlords have taken dramatically different actions
regarding eviction filings and have provided varied responses about whether and how they are
working with residents to enable them to stay in their homes to access rental assistance.
While some landlords, like Pretium Partners, Ventron Management, and Invitation Homes, have
actively filed to evict residents, even after some residents provided hardship declarations, other
firms have filed substantially fewer filings.
Publicly-traded single-family rental landlord American Homes 4 Rent, for example owns
around 53,000 rental homes around the US, with a significant concentration in the geographies
where the Private Equity Stakeholder Project has been tracking eviction filings.
15
While its peer Pretium Partners’ rental
home companies Progress Residential
and Front Yard Residential have filed
over 1,700 eviction actions combined
since the CDC eviction moratorium took
effect in September, we have noticed
just 109 eviction filings by American
Homes 4 Rent during the same period,
with the majority filed since May 2021.
While the recent increase in eviction
filings by the company gives cause for
concern, the company appears to have
filed very few eviction actions in prior
months – we noticed just nine eviction
filings by American Homes 4 Rent
between September 2020 and March
2021.
16
Other landlords have changed course
and substantially slowed eviction filings
following public scrutiny. Private equity
firm Oaktree Capital, which owns
around 15,000 apartments throughout the US, was filing at least 63 evictions per month on
average between November 2020 and January 2021 in Arizona and Nevada. Following our
engagement in January and media coverage regarding the company’s evictions in February,
Oaktree reduced its eviction filings by two-thirds, to 21 per month on average.
17
Recent increase in eviction filings
Private equity firms and other large landlords are stepping up eviction actions ahead of the July
31 expiration of the CDC eviction moratorium even as renters struggle to access the billions of
dollars in federal rental assistance that is still available, an analysis of eviction filings by the
Private Equity Stakeholder Project finds:
18
• Georgia: Corporate landlords filed at least 1,969 eviction actions in June in majority-Black
DeKalb and Clayton Counties, up from 1,531 filings in May.
• Florida: Corporate landlords filed at least 1,742 eviction actions in June in several counties
in Florida, up from 978 filings in May.
• Texas: Corporate landlords filed at least 1,856 eviction actions in June in Harris (Houston)
and Tarrant (Fort Worth) counties in Texas, up from 1,690 filings in May.
In some cases, we have seen large landlords buy up apartment buildings or portfolios of homes
and soon after file to evict dozens of residents. For example, in February New York-based
private real estate firm Atlas Real Estate Partners and Washington, DC-based West End Capital
acquired the 833-unit Eden at Watersedge apartments in Memphis, Tennessee.
19
In May, they
filed to evict 85 residents at the property.
20
1,118
9
0
200
400
600
800
1,000
1,200
Progress Residential + Front
Yard Residential
American Homes 4 Rent
Eviction Filings, Sept 2020-March 2021
(select counties in FL, GA, TN, TX, AZ, NV)
Largest asset managers
Some of the largest asset managers in the world, managing trillions of dollars in assets
combined, have filed to evict residents since the CDC eviction moratorium took effect last
September.
Large asset managers that have filed to evict residents since last September include Pretium
Partners (1,740 filings), Morgan Stanley/ Eaton Vance (385), Greystar Real Estate Partners
(396), Oaktree Capital (321), Highland Capital/ Nexpoint Advisors (264), Investcorp (258), The
Carlyle Group (223), Tricon Capital Group (146), Starwood Capital (130), PGIM (126), Nuveen/
TIAA-CREF (125), Crow Holdings (122), CBRE (108), AEW Capital Management (79),
Cerberus Capital (70), Angelo Gordon & Co (69), Heitman (59), UBS Realty Investors (48),
RREEF (45), Related Companies (44), Clarion Partners (42), CIM Group (39), LaSalle
Investment Management (30), JPMorgan (18), Rockpoint Group (17), New York Life (16), KKR
(15), the Blackstone Group (13) and Apollo Global Management (12).
21
Many large landlords are doing extremely well
Many of the corporate landlords that we have seen filing large numbers of eviction actions have
done extremely well over the past year.
Single-family rental landlord Invitation Homes, which has filed at least 880 eviction actions since
September 2020, saw its profit (net income) grow by 35% to $196 million in 2020 versus the
prior year. Late last year, Invitation Homes formed a joint venture funded by private equity firm
Rockpoint Group that is expected to invest over $1 billion in acquiring more rental homes.
22
Invitation Homes, which is publicly-traded, has seen its stock price increase by more than 44%
over the past year.
23
Private equity firm Pretium Partners, by far the most frequent filer of evictions across the
geographies we have tracked, is run by Don Mullen, a former Goldman Sachs banker who
made a fortune during the 2008 Global Financial Crisis betting against the mortgage market,
getting rich as millions of homeowners, particularly homeowners of color, lost their homes to
foreclosure. As the mortgage market buckled in 2007, Mr. Mullen emailed a colleague to say
“Looks like we’re going to make some serious money.”
24
Mr. Mullen and Pretium Partners have since amassed a portfolio of 55,000 rental homes,
making them the second largest single family rental landlord in the US.
25
While Pretium Partners does not report its financial results publicly, Pretium Partners in the last
year has received several hundred million dollars in investments by foreign and US pension
funds
26
as well as other private equity firms.
27
In November 2020, Pretium Partners and private equity firm Ares Management agreed to take
rental home company Front Yard Residential private in a $2.5 billion deal.
28
In April 2021, as Pretium Partners’ rental home companies filed to evict at least 172 residents,
Don Mullen of Pretium purchased a $25 million mansion in Miami Beach.
29
Landlords refusing to accept rental assistance
In December 2020, Congress overwhelmingly passed and President Trump signed the COVID
relief bill as part of the Consolidated Appropriations Act, which included $25 billion in rental
assistance and extended the eviction moratorium.
30
The American Rescue Plan Act, passed in March 2021 and signed by President Biden, added
an additional $21.6 billion in rental assistance.
31
Yet the availability of billions of dollars in rental assistance has not stopped some large
landlords from continuing to file and advance eviction cases against residents rather than
working with them to access rental assistance.
Based on the Private Equity Stakeholder Project’s eviction tracking, corporate landlords have
filed more than 43,000 eviction actions since the beginning of 2021, when Congress first
authorized billions of dollars in assistance for renters.
32
The large number of eviction filings
raises questions about how seriously some of these landlords are working with residents to
access rental assistance.
For example, rental home company Front Yard Residential, in the process of being acquired by
Pretium Partners and private equity firm Ares Management, filed to evict 133 residents in the
first eight days of January, just days after the Congress passed COVID relief legislation that
made billions of dollars in rental assistance available.
33
National Public Radio (NPR) in June highlighted the story of Katrina Chism, a Front Yard
Residential renter and single mom who lost her customer service job during the coronavirus
pandemic and fell behind on her rent who is also providing testimony to the Subcommittee
today. Chism applied for federal rental assistance money and was approved, but she said Front
Yard Residential told her that her lease was about to end and she had to leave or get evicted.
34
We have seen a number of additional filings in the past few months where Pretium Partners
rental home companies have sought to circumvent the CDC eviction moratorium by not
renewing leases of residents that have filed CDC hardship declarations and then sought to
those evict residents based on that nonrenewal.
35
Front Yard Residential and Pretium Partners’ other rental home company Progress Residential
have filed over 1,300 eviction actions since Congress made billions of dollars in rental
assistance available in December 2020.
36
In April, Reuters reported on the story of Marvia Robinson, a bus driver in Florida who was
evicted by Invitation Homes in March. When Robinson asked Invitation Homes if it would
accept funds from a county program that gives landlords $4,000 in back rent, the company
refused, telling Robinson the company was not participating in the program “due to the landlord
restrictions,” without explaining what that meant.
37
Invitation Homes has filed over 500 eviction actions since Congress made billions of dollars in
rental assistance available in December 2020.
38
Corporate landlords account for majority of eviction filings in counties we have tracked
In many of the counties where we have tracked eviction filings, corporate landlords have
consistently accounted for the majority of filings.
County
Overall
Eviction
Filings, May
2021
Eviction Filings
by Corporate
Landlords, May
2021
% by
Corporate
Landlords,
May 2021
% by
Corporate
Landlords,
Dec 14-20,
2020
Hillsborough
County, FL
534
281
53%
59%
Maricopa County,
AZ
2,506
1,554
62%
68%
Harris County, TX
2,093
1,111
53%
68%
DeKalb County, GA
2,076
1,545
74%
82%
For example, in May, corporate landlords accounted for 74% of eviction filings DeKalb County,
Georgia. Eviction filings by corporate landlords accounted for 62% of all filings Maricopa
County, Arizona. Corporate landlords were also responsible for a majority of filings in
Hillsborough County, Florida and Harris County, Texas.
39
This is similar to what we found last year when we looked at what share of eviction filings
corporate landlords accounted for.
Conclusion
Private equity firms and other corporate landlords have filed to evict at least 75,000 residents
since the CDC eviction moratorium took effect last September in the dozens of counties where
the Private Equity Stakeholder Project has been tracking eviction filings.
These filings have disproportionately impacted residents of color, particularly Black renters.
In some cases, corporate landlords have refused to accept rental assistance even after their
residents have been approved for it.
These eviction actions could result in the displacement of large numbers of residents. At the
very least, they may remain on residents’ records for years to come and could impact their
access to safe, stable, and affordable housing.
The House Select Subcommittee on the Coronavirus Crisis recently initiated investigations into
multiple corporate landlords that have each filed hundreds of eviction actions despite the CDC
eviction moratorium.
An organization violating the CDC eviction moratorium may be subject to a fine of up to
$200,000 per event or $500,000 per event if the action results in death. In the event that it
identifies potential violations, the Subcommittee should recommend action by the US
Department of Justice to seek penalties from landlords that have violated the moratorium.
In addition, the Subcommittee should specifically assess whether any landlords violated
residents’ civil rights by disproportionately filing to evict Black renters or other renters of color.
As we reach the July 31 expiration of the federal eviction moratorium, the fact that some
landlords have refused to accept rental assistance to ensure residents can stay in their homes
is extremely troubling.
Corporate landlords should be required to work with residents to access the billions of dollars in
rental assistance that remain available.
We have learned from our eviction tracking that a number of corporate landlords have been
responsible for large numebrs of eviction actions filed despite the CDC eviction moratorium.
Many of these landlords are increasing their share of the US housing market, buying up homes,
apartment buildings, and mobile home communities.
As we enter a critical new phase of the crisis facing renters, it is important that we remain
vigilant to corporate landlords’ evictions of residents.
Thank you,
Jim Baker
Private Equity Stakeholder Project
Appendix A – Eviction filings by corporate landlord since September 4, 2020
(Select counties in FL, GA, TN, TX, AZ, NV)
Landlord
Since Sept 4, 2020
Pretium Partners (Progress Residential, Front Yard Residential)
1,739
Ventron Management, LLC
1,469
Western Wealth Capital
1,313
S2 Capital
1,291
Invitation Homes
888
Mid-America Apartment Communities
842
American Landmark Apartments/ Electra America
778
Bridge Investment Group
771
Tides Equities
737
Madera Residential
726
Blue Magma Residential
701
Villa Serena Communities
662
Weidner Apartment Homes
658
Onni Group
596
Siegel Group
583
Main Street Renewal
540
Camden Property Trust
531
Crown Bay Group
504
Olive Tree Holdings
481
Avila Real Estate
451
Harbor Group International
438
McKinley, Inc.
436
Asia Capital Real Estate Management (ACRE)
436
Pro Residential
435
Carroll Organization
428
Dominium Apartments
412
Cortland Partners
407
River Valley Communities
401
Greystar Real Estate Partners
396
Intercapital Group
395
Abbey Residential
395
Eaton Vance
385
Pacifica Companies
364
Priderock Capital Management
350
ColRich
344
Independence Realty Trust
340
TruAmerica Multifamily
333
Federal Capital Partners
331
GoldOller Real Estate Investments
326
Oaktree Capital
321
Finger Companies
310
Heers Management
306
FPA Multifamily
304
Eureka Multifamily
302
GPI Investment
295
Advenir
295
Legend Homes
290
J. Milton
290
Yes! Communities
289
Capital Real Estate
287
Walden Group
285
Carter Multifamily
280
Blue Roc Premier
279
Bean Investment Real Estate
276
RAAMCO International
268
Gables Residential
266
Southport Financial Services
264
Highland Capital/ Nexpoint Advisors, L.P.
264
Odin Properties
258
Investcorp
258
Trinity Management
255
Olen Properties
251
Audubon Communities
251
White Eagle Property Group
246
Bluerock Residential
246
Collier Companies
244
Read Property Group
242
Northport Realty
240
Praxis Capital
234
WRH Realty
227
3rd Avenue Investments
227
Carlyle Group
223
Adams Investor Group
221
Chandler Residential
218
MLG Capital
217
Stoneweg US
208
Jevan Capital
208
Benedict Canyon Equities
207
Home Partners of America
204
Besyata Investment Group
202
Code Real Estate Partners
202
HM Equity Management
200
29th Street Capital
199
UDR
197
Sterling Group
195
Sun Communities
194
Westmount Realty Capital
194
MG Properties Group
186
Melo Group
182
Northland Investment Corporation
176
AV Properties
176
Sureste Property Services
173
Fairfield Residential
173
Strata Equity Group
172
ECI Group
172
Rhodium Capital Advisors
171
Equity Lifestyle Properties
171
Peak Capital Partners
167
IMT Residential
167
ValCap Group
165
Friedlam Partners
164
Cohen-Esrey
164
Asden US
164
ReNUE Properties
161
Omninet Capital
161
Turner Impact Capital
160
Lakeshore Management
160
JB Partners
160
Steadfast Companies
159
Beachwold Residential
159
Goldelm Capital LLC
157
CF Real Estate Services
156
Oxford Properties
154
Nitya Capital
154
NALS Apartment Homes
154
Iliad Realty Group
154
Olympus Property
153
Knightvest Capital
153
Valley Income Properties
152
Richman Group
152
Elon Property Management
151
JRK Property Holdings
149
Robbins Property Associates
148
Turnstone Capital Management
148
First Communities Management
147
Tricon Capital Group
146
Sylvan Road Capital
146
Resource Real Estate
144
Avesta Communities
144
RealSource Residential
142
West Shore LLC
142
NorthEnd Equities
142
DRA Advisors
142
Liquid Capital
141
Provence Real Estate
141
Barry Company
139
Faros Properties
138
Cornerstone Group
138
Tzadik Management
137
DJ Acquisitions
137
Elkhorn Capital Partners
136
YMP Real Estate Management
135
Nicholas Residential
131
Starwood Capital Group
130
Chetrit Group
130
Venterra Realty
127
Think Multifamily
127
Ilan Investments
127
PGIM
126
Bell Partners, Inc.
126
Richdale Apartments
125
Nuveen/ TIAA-CREF
125
Pennybacker Capital
124
Maxx Properties
123
Laguna Point Properties
122
Crow Holdings
122
AHS Residential
120
Lindsey & Associates
119
Wood Partners
117
Freedom Family Office
117
Republic Funds
116
Starlight Investments
116
Forum Investment Group
116
Alliance Residential
116
JWB Real Estate Capital
115
Inwood Holdings
115
Atlantic & Pacific Companies
115
Darwin German Real Estate Investments
114
Southern Affordable Services
113
Raven Multifamily
112
Commerce Capital Partners
112
Northstar Properties
109
AMERICAN HOMES 4 RENT
109
Ashland Greene Capital Partners
109
Smart Living/ RAH Contractors
108
Stonemark Group
108
Sentinel Peak Capital Partners
108
CBRE
108
Sutter Hill Developments
106
Next Round Asset Management
106
Cannell Capital Partners
106
Conam Management
104
Atlas Real Estate Partners
103
BH Equities
103
TLR Group
102
RADCO Companies
102
FSC Realty
102
Waterton Residential
101
Rockwell Management
101
Novogradac Investment Company
101
Klein Financial
101
Crest Asset Management
101
GWR Equities
101
Atlantic Development & Investments
100
Mosaic Residential
99
Disrupt Equity Partners
99
Birge & Held Asset Management
96
Emma Capital
95
Rockstar Capital
93
Pacific Transwest Real Estate
93
Horizon Realty Advisors
93
Covenant Capital Group
92
Tusk Equity Partners
91
Westland Real Estate Group
91
MIG Real Estate
91
Bellrock Management
91
American Realty Investors
89
Giddings Group
87
Aimco
87
Bigelow Companies
87
Concord Management
87
Thrive FP
86
Urban Communities Fund
86
Emet Capital Management
86
C-III Capital Partners
86
37th Parallel Properties
86
Presidium Group
85
General Services Corporation
85
CityR Group
85
PrivatePortfolio Group
83
Coastline Group
83
CED Cos
83
Berkshire Residential Investments
83
Tribune Capital
82
FLM Enterprises
82
Juniper Investment Group
82
EB Real Estate Group
82
American Campus Communities
82
Shephard Investment Group
81
GVA
81
Eagle Property Capital
81
Nova Asset Management
80
Alco Management
80
Sundance Bay Multifamily
79
Nighthawk Equity
79
CWS Capital
79
AEW Capital Management
79
Ashcroft Capital
79
Dunross Capital
78
Infinity BH
77
Price Realty Corporation
76
Keener Investments
76
GreenLite Holdings
75
Hamilton Zanze
75
Sheiner Group
74
Three Pillars Capital Group
74
Blazer Building
74
Redwood Capital Group
73
Quad Property Group
73
Mountain View Equity
73
Inland Real Estate Group
73
Coastal Ridge Real Estate
73
Redhill Realty Investors
72
Kimball Key
72
GDE Renovations
72
Blue Stone Premier Properties
72
Rosdev
71
Elul LLC
71
Anthology Investments
71
KA Capital
70
Cerberus Capital
70
Campus Apartments
70
Merion Realty Partners
69
Haven Realty Capital
69
Angelo Gordon & Co
69
RK Properties
68
Majority Capital Advisors
68
Judwin Properties
68
Ashford Communities
68
Almanac Realty Investors
68
CLK Properties
68
ROCO Real Estate
67
Kairos Investment Management
67
Genwealth Capital Group
67
Gamma Real Estate
67
BH Management
67
Western Management
66
Unified Residential Management
66
Lurin Capital
66
Klingbeil Capital Management
66
JAMCO Properties
66
Amzak Capital Management
66
Reliant Realty Services LLC
65
TriPro Management
65
B Net Management
65
Sabra Properties
64
Mill Creek Residential Trust
64
Municipal Capital Appreciation Partners
64
R. James Properties
64
MC Companies
64
Brandy Investments
64
Avalonbay Communities
63
Budget Suites of America
63
CAPREIT
63
GMF Capital
62
Anthos Properties
62
Sunroad Holding Corp
61
Strategic Management Partners
61
Kairoi Residential
61
Grand Peaks Properties
61
Core Realty Holdings Management
61
Sandalwood Management
60
Sunstone Properties Trust
60
RHP Properties
60
Lloyd Jones LLC
60
AGPM
60
Barvin Group
60
White Oak Partners
59
Providence Management
59
Heitman
59
Geringer Capital
59
Acacia Capital
59
CONTI Organization
59
AMLI/ Morgan Stanley
59
Wexler Partners
58
Two Water Capital
58
HQ Capital
58
AMBO Properties
58
Varden Capital Properties, LLC
57
Lighthouse Group
57
Praedium Group
57
Abacus Capital Group
57
Strategic Holdings
56
PrivCap Companies
56
Newport Real Estate Partners
56
Konter Management Company
56
Dunlap & Magee Property Management
56
Garden Management
56
Enzo Multifamily
56
Axonic Capital
56
Cardone Capital
56
Bear Holdings
56
Aspen Square Management
56
3 Points Realty Partners
56
Westdale Real Estate Investment and Management
55
Transwestern
55
Keller Investment Properties
55
Jupiter Capital
55
BSR REIT
55
Oak Residential Partners
54
Ram Realty Advisors
54
Grand Estates MHP Management
54
SPI Advisory
53
Zevulon Capital LLC
53
KC Venture Group
53
King Rook Capital
53
RangeWater Real Estate
52
Hudson Peters Commercial
52
GoldCor Capital Partners
52
Alden Torch
52
Waypoint Real Estate Investments
51
MBP Capital
51
Oro Capital Advisors
51
KENCO Residential
51
American Apartment Management
51
REM Multifamily
50
Westside Capital Group
50
Taurus Investment Holdings
50
Middleburg Real Estate Partners
50
Milestone Group
50
FifeCo Properties
50
Amaz Property Management
50
Allen Harrison Company
50
Wilhoit Properties
49
Nimes Capital
49
Greenleaf Capital LLC
49
Accel Equity Group
49
UBS Realty Investors
48
Millennial Capital Company LLC
48
Neiders Company
48
GAIA Real Estate
48
Scion Group
47
TriBridge Residential
47
Stonetown Capital
47
MLA Properties
47
NRP Group
47
Claye Properties
47
Capital Management
47
OpenPath Investments
46
Next Fortune Capital
46
Pensam Capital
46
Manhattan Management Company
46
Marlin Spring
46
Frankforter Group
46
Fogelman
46
California Private Capital Group
46
RREEF
45
Optimum Properties LLC
45
GFO Companies
45
Friedman Real Estate
45
Chartwell Holdings
45
Rebus Capital
44
SAAR Management
44
Related Companies
44
Seneca Investments
44
Rivendell Global Real Estate
44
Vinebrook Homes
44
Lynd Company
44
GrayCo
44
Star Pacific Capital Management
43
Premiere Residential
43
Mint Equity Fund
43
DIJ Properties
43
Investors Property Services
43
Ambrus Asset Management
43
Baron Properties
43
Arcturus Investments
43
Centra Partners
43
Wealth Grow Investments
42
Deancurt Realty
42
Clarion Partners
42
B&M Management
42
Stryant Investments, LLC
41
Parkland Ventures
41
Maxus Properties
41
Morguard Apartments
41
Balfour Residential
41
Picerne Real Estate Group
40
Kushner Cos
40
Millburn and Company
40
M Shapiro Real Estate Group
40
CWCapital
40
Arbor Realty Trust
40
Thornberry Real Estate Investments
39
SB Real Estate Partners
39
Lantower Residential
39
Invesco
39
CIM Group
39
SYNC Residential Apartments
38
Turnberry
38
Steel Castle Capital
38
Rath/Harper and Associates
38
Petwin Properties
38
NorthRock Companies
38
GID
38
Connor Group
38
Caspian Properties
38
Bascom Group
38
National Property Management Associates
37
Lennar Multifamily
37
Hidden Harbor Capital Partners (owns Wehner Multifamily)
37
Cottonwood Residential
37
Good Life Housing Partners
37
Bellweather Enterprise
37
Spectrum Business Ventures
36
RREAF Holdings
36
Westdale Real Estate Investment and Management
36
Mark-Taylor Companies
36
Bainbridge Companies
36
BLD Group
36
Altus Equity
36
Collegiate Housing Services Inc
36
180 Multifamily
36
Roxborough Group
35
ZRS Apartments
35
Shoptaw Group
35
MSC Investment & Management
35
Emerald Equity
35
EBSCO Income Properties
35
Belkorp Real Estate
35
Avanath Capital Management
35
Sares Regis Group
34
Royale Property Management/ 1340 East 9th Street Realty
34
Laramar Group
34
Lone Star Capital
34
Quarry Capital LLC
34
Property Markets Group
34
Pacific Coast Capital Partners
34
Lafayette Communities
34
Mara River Capital Management
34
Fillmore Capital Partners
34
Davis Development
34
Harvest Properties
34
Balfour Beatty Communities
34
Avesta Homes
34
Related Group
33
Strategic Management Partners
33
Henley Investments
33
Contour Companies
33
Capitol Investment Associates
33
Beacon Real Estate Group
33
Somerset Partners
32
Wafra Inc.
32
Veritas Equity Management
32
Weinstein Properties
32
PB Bell Asset Management
32
Optima
32
NorthMarq
32
Fountain Residential Partners
32
Dalcor Companies
32
Arch Companies
32
Amity Companies
32
Robert Corry Property Management
31
Momentum Real Estate Partners
31
Langdon Street Capital
31
NextGen Apartments
31
LumaCorp
31
Pierce Education Properties
31
Liv Communities/ IPA
31
MVAH Partners
31
East End Capital
31
Avantic Residential
31
RealCan Investments
30
Waterford Residential
30
Pennrose
30
LaSalle Investment Management
30
McDowell Properties
30
Millrock Development
30
Lofty Asset Management
30
Magnolia Capital
30
GEM Realty Capital
30
Guefen Development Partners
30
Graoch Associates
30
Bedrock Communities
30
Arel capital
30
Bella Asset Management
30
Apex Equity Group
30
CFH Group
30
Allied Orion Group
30
Warren Properties
29
Tidan USA
29
Millennium Holdings
29
Michaelson Real Estate Group, LLC
29
Pacific Ardent Capital
29
JK Properties
29
Dasmen Residential
29
GatesCo
29
HG Capital, LLC/ Tower 16 Capital Partners
29
Goodman Real Estate
29
Concordia Properties
29
Axcell Group
29
Water Tower Realty
28
Vesper Holdings
28
Riverstone Communities
28
Timberland Partners
28
Simpson Property Group
28
Pelican Realty Management
28
DiNapoli Capital Partners
28
Gorelick Brothers Capital
28
Frontline Holdings
28
Centennial Holdings
28
Trinity Property Group
27
URS Capital
27
Westwind Enterprises
27
MRT Realty Group
27
Pillar Income Asset Management
27
Peak Property Group
27
ESG Kullen
27
FortCap Partners
27
Greystone
27
Barrington Group
27
Banyan Equity Management
27
Atlantic Multifamily
27
Atlas Capital
27
AllianceBernstein
27
Title Realty Management
26
Wardlaw Investments, LLP
26
Trinsic Residential Group
26
Mahaffey Company
26
Kingsley Management Corp
26
Creative Choice Group
26
Fifteen Group
26
SPL Real Estate & Management Company
25
TwinkleStar Asset
25
Toro Real Estate Partners
25
TwinRock Partners
25
Millennia Companies
25
Northwood Investors
25
Preferred Apartment Communities
25
LeCesse Development Corporation
25
Odyssey Properties Group
25
NV2 Holdings
25
Interurban Companies
25
Falkin Platnick Realty Group
25
Exponential Property Group
25
Embrey Partners
25
Dasmen Residential
25
Broadtree Residential
25
TESCO Properties, Inc
24
Vantage Communities
24
Storm Properties
24
Sentinel Real Estate Corporation
24
LS Global Advisors
24
Millennium Management
24
NuRock Companies
24
Marble Partners
24
Extended Stay America
24
Connell Company
24
Cal-Am Properties
24
AndMark
24
Stratford Partners Real Estate
23
SWBC Insurance
23
Taft Forward Property Management Group
23
Kalkan Capital
23
Piscerne Development Corporation
23
Prosperity Capital Partners
23
Palms Associates
23
New City Group
23
Eklund Development LLC
23
Brandywine Homes
23
Continental Realty Group
23
Altman Companies
23
Casoro Group
23
Blackhawk Realty Management
23
True North Management Group
22
St. Regis Properties
22
Sun Asset Management
22
KBS Strategic Opportunity REIT
22
Podolsky
22
Neyland Apartment Associates
22
MAR Management
22
Fluellen-Hoover Multifamily Group
22
IDM Companies
22
Edison Equity Partners
22
CX Holdings LP
22
Cypress Point Equity Partners
22
Headway Capital Multifamily Co.
22
Cross Equities
22
Atlas Rents
22
B/K Multifamily
22
Abington Properties
22
RSE Capital Partners
21
Rosewood Corporation
21
Thayer Manca Residential
21
Nirvana Capital Group
21
Living Well Homes
21
Latitude Management Real Estate Holdings
21
Lindemann Multifamily Management
21
Kettler
21
Florida East Coast Realty
21
Florio Management
21
FCI Residential
21
B.F. Management
21
ArcPe
21
Bridge Partners
21
Broadview & Co.
21
Berkson Asset Management
21
Ytech
20
Southworth Development
20
SAFCO Capital
20
Styles Group
20
TA Realty
20
PRG Investment and Management
20
MetLife
20
E&M Management
20
Creative Realty Partners
20
Investors Capital Group
20
Ginsberg Property Group
20
Guardian Equity Management
20
Capital Growth Corp
20
Arlington Properties
20
Triangle Capital Group
19
Structure Capital, LLC
19
Whitehaven Capital
19
RKW Residential
19
Palm Property Management
19
Kitchell Development Co
19
Michael Stevens Interests
19
Nellis Family Housing
19
Passco Companies
19
Encore Enterprises
19
GPK Real Estate
19
Duncan Hillsley Capital
19
Arena Capital Holdings
19
Ascentris
19
Case and Associates Properties, Inc.
19
1802 Capital
19
AMG Realty Group
19
Campus Living Villages
19
Tower 16 Capital Partners
18
Warmington Group
18
Windmill Investment Partners
18
Stockbridge Capital
18
USA Intrastructure Investments
18
Novel Property Ventures
18
Phoenix Realty Group
18
Performance Properties
18
LMS Investment Management
18
Landmark Homes
18
JPMorgan
18
Encore Management
18
Greenlaw Partners
18
Burke Leighton Group
18
Canyon Partners, LLC
18
Blue Sky Communities
18
Rockpoint Group
17
Royal Imperial Group
17
Strategic Realty Capital
17
Rea Ventures Group
17
StreetLights Residential
17
LEM Capital, L.P.
17
Pedcor Homes
17
Peak Communities
17
McCann Realty Partners
17
Gatesco
17
Gateway Companies
17
Crescent Real Estate
17
Ergas Group
17
Cypress Real Estate Advisors
17
Green Courte Partners
17
Gia Capital
17
Ares Management
17
Compass Acquisition Partners
17
Claremont Property Company
17
Axiom Residential
17
Star Real Estate Ventures
16
Trilogy Real Estate Group
16
Realty Capital Partners
16
Virtu Investments
16
Realty Capital Advisors
16
New York Life
16
Landmark Companies
16
Princeton Management
16
Lancaster Apartment Ventures
16
Kendu Bay Properties
16
Park Companies
16
Prestige Estates
16
Marquis Asset Management
16
Forge Partners
16
Gatehouse Management
16
Hunt Companies
16
Coltown Properties
16
CityStreet Residential Partners
16
Aragon Holdings
16
Axiom Realty Partners LLC
16
Wilkinson Corporation
15
TGM Associates
15
Wealth Compass Financial
15
Thesman Communities
15
Metrontario Group
15
KKR
15
Pacific Reach Properties
15
Mell Investment Group
15
Fenix
15
F&B Capital
15
Gamla Cedron Group
15
Housing Trust Group
15
Coinco Investment Co
15
Alpha Wave Investors
15
Bela Flor Communities
15
Cambridge Management Services
15
Cantrell Company
15
Beztak Properties
15
Sunny Side in Florida LLC
14
Thompson Michie Associates
14
Western Rim Properties
14
Vestcor Companies
14
Winchester Carlisle Cos.
14
Pathfinder Partners
14
Metropolitan Real Estate
14
Monument Real Estate Services
14
LACERA
14
Michaels Organization
14
LDG Development
14
Philips International
14
Grubb Properties
14
Insula Companies
14
Gorman & Company
14
Hone Capital
14
Granite Bay Capital
14
Duck Pond Realty
14
Access Ventures
14
Code Capital Partners
14
Broadstreet Capital Partners
14
Continental Properties
14
Aukum Group
14
Braden Fellman Group
14
Cornerstone Capital
14
ROI Capital Group
13
Sterling Real Estate Partners
13
West Second Street Associates
13
Pacific Development Partners
13
Polaris Real Estate Partners
13
Kennedy Wilson
13
Preiss Company
13
Monroe Group
13
Pacific Community Investors
13
Marketplace Properties
13
Investment Concepts
13
Global One Investment Group
13
Dalan Management
13
Evergreen Development
13
Interwest Capital Group
13
Elandis
13
Estates Investment Group
13
Clear Capital Group
13
Boston Capital Real Estate
13
Acumen Global
13
Blackstone Group
13
Compson Associates
13
Capital Allocation Partners
13
CONTEMPORARY MANAGEMENT CONCEPTS LLLP
13
Wentwood Companies
12
Stark Enterprises
12
Rivard Group
12
WAK Management
12
Royal Castle Companies
12
Trinity Communities Group
12
Veneto Capital Management
12
Shelton Residential
12
TEMiller Development, LLC
12
Wehner Multifamily
12
Skyline Real Estate
12
Principal Financial Group
12
Ojala Holdings
12
Provident Realty Advisors
12
lan Investments
12
One Real Estate Investment
12
Faith Group
12
Eastwind Acquisitions, LLC
12
GCI Residential
12
Equity Resources, LLC
12
Housing Corporation of America
12
GlobalLink1 Capital
12
Crown Equities
12
Centennial Investment Properties
12
Comunidad Realty Partners
12
Community Development Trust
12
Apollo Global Management
12
Atlas Residential
12
American Residential Investment Management
12
Catalyst Urban Development
12
Rocklyn Companies
11
Wilf Family
11
Vice Realty
11
Terra Vista Investment Management
11
Studio Management Services Inc.
11
RiverPass Holdings, LLC
11
Wurzbach Capital Management
11
Second Round, LP
11
Security Properties
11
Steelblock LLC
11
Mercy Housing
11
PAULS Corporation
11
Gulf Atlantic Asset Management
11
Dome Equities
11
Falcon Affiliates, LLC
11
Hanover Company
11
GFP Holdings
11
BB Living
11
Blaze Partners
11
Commercial Realty Inc
11
Cervera Real Estate Ventures
11
ARC Investments
11
Alexander Properties Group
11
Real Estate Inverlad
10
TerraCap Management
10
Walnut Street Capital
10
RedBridge Capital
10
Saratoga Capital Partners
10
Vertex Investments
10
Thompson Thrift
10
TAAS investments
10
Rich Properties
10
Rincon Partners
10
Magellan Development Group
10
Neology Life
10
LC Squared Capital
10
Medve Group
10
RaelCorp
10
OneStreet Residential
10
Lexerd Capital Management
10
Nodel Parks
10
JLB Partners
10
Easton Group
10
GR Partners
10
H&R REIT
10
FWHS
10
Harrison Street Real Estate Capital
10
JPS Asset Management
10
Harvest Holdings
10
Crown Asset Management LLC
10
First Choice Asset Management
10
Edison Ashcroft Investment Partners
10
Intercontinental Real Estate Corporation
10
Estate Companies
10
Hallmark Companies, Inc.
10
D.R. Horton
10
Grant Properties
10
Garco
10
Fisher Management
10
Emerson International
10
Greystone Brown Real Estate Advisors
10
Castle Lanterra Properties
10
Accord Interests
10
Tarantino Properties
9
Southstar Capital Group
9
Worthing Companies
9
Silverstone Property Group
9
Watermark Residential
9
Patrinely Group
9
R Investments
9
Levy Affiliated
9
Lexington Asset Management
9
R4 Capital
9
National Equity Fund, Inc.
9
Northpoint Asset Management
9
ORIX Real Estate Capital/ Zaremba Residential
9
Park 7 Group
9
Lincoln Avenue Capital
9
Global Horizons Group
9
Hampstead Companies
9
Inventrust Properties
9
Florida Land Fund, LLC
9
Hanson Capital Group
9
Gumenick Properties
9
JRW Realty
9
Hamilton Point Investments
9
Croatan Investments
9
Elite Street Capital
9
Horn Barlow
9
Columbus Pacific Properties
9
Asset Development & Management Group
9
CenterSquare Investment Management
9
Copperline Partners
9
ABI Multifamily
9
Vitus Group
8
TriArc Real Estate Partners
8
Wynkoop Financial
8
Simplicity Capital
8
Westdale Asset Management
8
S&S Property Management
8
Mesirow Financial
8
Maryland Management Company
8
Pacific Capital
8
KCB Private Equity
8
MacDonald Realty Group
8
PMC Property Group Apartments
8
Optivo Group
8
Milbrook Properties
8
NB Private Capital LLC
8
NE Development
8
JEM Holdings
8
GR Capital Partners
8
Greyson Capital Group
8
Elevate Multifamily
8
Insite Realty Partners
8
HMY Realty Group
8
FPI Multifamiy
8
Hometown America
8
Good Living Ventures
8
GDC Properties
8
Camelot Family Communities
8
Banta Properties
8
Belleair Development Group
8
Catalyst Development Partners
8
Ascend Properties
8
Ardent Companies
8
Atlantic Realty Development
8
British American Investments
8
Cordia USA
8
Columbia Residential
8
Certe Group
8
Block Multifamily Group
8
Cloudbreak Communities
8
SFR Asset Management
7
Sunstone Realty Advisors
7
Willner Realty & Development
7
TG Realty
7
Robson Resort Communities
7
Regis Group
7
University Communities
7
SPI Advisory
7
Urban Genesis
7
Roscoe Property Management
7
Revere Financial Corporation
7
TreeTop Development
7
Whitaker Capital
7
Zieben Group
7
Paramount Homes
7
Parallel Housing Inc
7
Nurock Development
7
Lev Investments
7
Mark Dana Corporation
7
Mapletree
7
Mission Bay Capital Partners
7
Landmark Homes
7
Meridian Capital Group
7
Prospect Ridge Advisors
7
Garden Homes
7
JMG Realty
7
Everest Properties
7
Cube Equity Group
7
Fortress Investment Group
7
Exponential Property Group
7
East Management Services LP
7
FFC Management
7
Hettig/Kahn Companies
7
Forte Capital
7
InterCapital Group
7
Fore Property
7
Broad Management Group
7
Boardwalk Properties
7
Atlantic Property Services
7
Brookview Companies
7
Calida Group
7
Beacon New Homes
7
BV Capital
7
Boston Financial Investment Management
7
American Foundation
7
Anthem Property Ventures
7
BAF Associates
7
Brookfield Asset Management
7
AMCAL Equities
7
Busboom Group
7
TWG Development
6
Richmark Holdings
6
Wedgewood
6
Rivergate Companies
6
Statesman Group
6
Skywalker Property Partners
6
Tradewind Properties
6
Tralee Capital Partners
6
South Beach Group
6
Walton Street Capital
6
Seneca Capital Partners
6
Wells Asset Management
6
LIV
6
Main Street Residential
6
Oak Coast Properties
6
M Group Capital
6
Monument Capital Management
6
Mitch Cox Companies
6
Miles Properties
6
Oxford Enterprises
6
Pure Multi-Family REIT
6
Lincoln Park Capital
6
Gomel Capital Partners
6
Fairflock Partners
6
IMC Equity Group
6
Corridor Property Management
6
Jam Properties
6
FORTE Capital Management
6
Embassy Group
6
Cohen Investment Group
6
Brantley Commercial Partners
6
Cash Flow Equities
6
AIG Global Real Estate
6
Artemis Real Estate Partners
6
Comunidad Partners
6
A&R Calloway
6
Cambridge Group
6
Bar Invest Group
6
Colony IV Management
6
ACI Investments
6
American Commercial Realty Corp
6
Airras Group
6
Coastal Phoenix Investments
6
Allmark Properties
6
Woshi Investments
5
Whitney Capital Company
5
Southold Real Estate Investment Company
5
Wesley Living
5
TREO Group
5
Residence Management Inc
5
Reliant Group
5
RealAssets
5
Zom Living
5
NexMetro Communities
5
Pegasus Residential
5
Mondford Ventures
5
Middletown Property Management LLC
5
Monarch Investment and Management Group
5
On Pointe Property Management
5
Nicol Investment Company
5
Landmark Properties
5
Emmer Development
5
DTI Investments
5
Costal Resources
5
Dryden Street Capital
5
Epic Capital Partners
5
Imperion Investments
5
DeBartolo Holdings
5
FM Capital
5
Geltman & Company
5
Curtis Capital Group
5
DRW Venture Capital
5
Finvarb Group
5
Fort Worth Housing Solutions
5
Ed White and Associates
5
Bridge Tower Properties
5
Codina Partners
5
Amada Senior Care
5
AMC Investments
5
Caliber Companies
5
All Pro Capital
5
BH3 Asset Management
5
Central Florida Investments, Inc.
5
Anworth Mortgage
5
Century Campus Housing
5
Contemporary Housing Alternatives of Florida
5
Redwood Residential
4
Riverside Properties Holdings
4
Treger Partners
4
Rilea Group
4
Rockwood Capital
4
Rise48 Equity
4
Wilhoit Living
4
Transcendent Investment Management
4
Tablerock Capital
4
Wendover Housing Partners
4
Walker Holder Residential
4
Rayburn Capital Partners LLC
4
Simpson Housing
4
Spectrum Group Management
4
StreetLane Homes
4
Treehouse Communities
4
Leon Capital Group
4
Maxus Realty Trust
4
Mission Peak Capital
4
Milestone Management Group LLC
4
NTS Development Company
4
Pinpoint Commercial
4
Promise Homes
4
Palomar Properties
4
NOBLE HOUSE INVESTMENTS INC
4
National Safe Harbor Exchange
4
Priderock Capital Partners
4
Mack Real Estate Group
4
Homes Urban, LLC
4
Florida State Board of Administration
4
JMK Property Investment
4
Dermot Company
4
Essential Properties Realty Trust
4
Heath Properties
4
CVG Properties
4
Green Leaf Capital Partners
4
DiversyFund
4
Fundamental Advisors LP
4
Desert Value Partners
4
Criterion Property Company
4
Flournoy Partners
4
Cascade Capital
4
Concessions Management LLC
4
Clear Sky Capital
4
Aramis Realty
4
Collins Group LLC
4
City Gate Property Group
4
Claye Properties
4
Allante Properties
4
Bayshore Investment Partners
4
CityView
4
Appian Way Capital Partners
4
Clarus Property Ventures
4
Archway Corp
4
Centurion Management
4
Cobblestone Real Estate
4
ApexOne Investment Partners
4
21 Alpha Group
4
CarVal Investors
4
Stone Mountain Properties
3
Tonti Properties
3
VendeCapital
3
Tudor McLeod Asset Management
3
Vesta Corp
3
Walden Management
3
Roundstone Development
3
SMB Bradley
3
Teakwood Partners
3
Watt Companies
3
Refuge Investments
3
Summit America Properties
3
Rise Residential
3
Worth Commercial Real Estate
3
Rock Companies
3
Venue Investments
3
Weingarten Realty Investors
3
TWK Enterprises
3
Madera Residential
3
Protea Real Estate
3
Peacock Capital
3
Land South Management
3
Proximity Capital
3
Lone Star Funds
3
KB Investment Development
3
Park Pointe Properties
3
Oregon Pacific Investment and Development Company
3
NAI Global
3
Luxe Residential
3
Prime Group
3
Otto Investment Group
3
Leland Enterprises
3
Platform Management Group
3
Lincoln Property Company
3
Johnson Development Associates
3
GVA Real Estate
3
Crown Holdings Group
3
Hawthorne Residential Partners
3
Equity Management Partners
3
Eastern Property Real Estate, Inc
3
Greenway Properties
3
Ironwood Insurance
3
Cornerstone Real Estate
3
ITEX Group
3
HLC Equity
3
Inman Equities
3
Hubbard Properties
3
Dorvidor Management Company
3
Jonathan Rose Companies
3
Epoch Residential
3
DEVAL LLC
3
Dakota Enterprises
3
Gardner Capital
3
Feltrim Group
3
Initiative for Affordable Housing
3
Graham Companies
3
Goodman Group
3
Grupe Companies
3
Alta Developers
3
5 West Group
3
Bnc Equities
3
Capital Investment Advisors
3
CALCAP Advisors
3
CA Ventures/ Diamond Realty Investments
3
B29 Investments
3
Aspen Capital
3
BET Investments
3
Avalon Park Group
3
Artemis Lifestyles
3
CLEAR WATER EQUITY
3
American Equity Financial LLC
3
RESICAP
2
Trinity Property Consultants
2
Robinson Group
2
SMG Property Management
2
Thor Equities
2
Truamerica Multifamily
2
Saratoga Group
2
Scotto Properties
2
Sandalwood Living
2
Ripe Assets LLC
2
Royal American
2
Sight Real Estate
2
Southeast Property Investments Network (SPIN)
2
Toll Brothers
2
Stellar Equity Management LLC
2
SharpVue Capital
2
MAG Real Estate
2
Pinnacle Financial Partners
2
LCOR
2
Phoenix Life Insurance
2
Pan Am Equities
2
Klotz Group of Companies
2
Pantzer Properties
2
MetroNational
2
Pennant Group
2
McCormack Baron Management
2
Landmark Real Estate
2
Kayne Anderson Capital
2
Milhaus
2
Preston Giuliano Capital Partners
2
Nelkin Real Estate
2
Klein Company
2
Pacific Oak Capital Markets Group
2
OPTIM PROPERTY MANAGEMENT LLC
2
Corridor Ventures
2
Investment Limited
2
IB3 Realty Group
2
Hackney Real Estate Partners
2
Cornerstone Income Properties
2
Gilbane Properties
2
Crescent Communities
2
DB Capital Partners
2
Endeavor Real Estate Group
2
Equus Capital Partners
2
Investments Limited
2
Greenlight Communities
2
Grande Pointe Apartments LLC
2
Global City Development
2
Bellrock Real Estate
2
Carleton Companies
2
Autovest LLC
2
Amwest Properties
2
Capital Square
2
Corner Lot Properties
2
Ascension Commercial Real Estate
2
AG Spanos Companies
2
Clayton Homes
2
Bear Capital Partners
2
Comfort Communities
2
Beitel Group
2
Chandler Management Corporation
2
CNL Financial Group
2
Cedarwood Development
2
American Homes 4 Rent
2
Castlelake
2
Accend Companies
2
Campus Advantage
2
Silverman Group
1
Tynes Development
1
Loft Asset Management
1
Maxim Properties
1
Peak Campus
1
Pinnacle Cos
1
Motel 6
1
Quantum Equities
1
Krausz Companies
1
Divvy Homes
1
Holualoa Cos
1
Intown Suites
1
HILLS Properties
1
Home Properties of America
1
Eagle Real Estate Investment
1
EquiTrust Life Insurance Company
1
Hines Interests
1
Hawthorn Senior Living Communities
1
Capital Resources LLC
1
Cantwell-Anderson
1
Affordable Housing Partners, Inc.
1
Autumn Lane Advisors
1
Cache Private Capital
1
(blank)
Grand Total
75,809
1
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
2
“SPECIAL REPORT Giant U.S. landlords pursue evictions despite CDC ban,” Reuters, Apr 23, 2021.
https://www.reuters.com/world/us/special-report-giant-us-landlords-pursue-evictions-despite-cdc-ban-2021-04-23/
3
“North Minneapolis renters wage a fight with private equity landlords,”
Star Tribune, May 29, 2021. https://www.startribune.com/north-
minneapolis-renters-wage-a-fight-with-private-equity-
landlords/600062754/
4
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
5
“SPECIAL REPORT Giant U.S. landlords pursue evictions despite CDC ban,” Reuters, Apr 23, 2021.
https://www.reuters.com/world/us/special-report-giant-us-landlords-pursue-evictions-despite-cdc-ban-2021-04-23/
6
https://www.linkedin.com/company/ventron-management, accessed Jul 26, 2021.
7
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
8
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
9
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
10
Based on combined eviction filing rate of 20.9% in DeKalb and Clayton Counties since 1/1/2021, combined
eviction filing rate of 2.7% in Polk and Seminole Counties since 1/1/2021,
11
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
12
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
13
See for example, Cases 21D00040, 21D00058, 20D10671, and 21D04743, DeKalb County Court.
14
See for example, Cases 21D00040, 21D03316, and 20D10964 DeKalb County Court.
15
American Homes 4 Rent 2021 Form 10-K.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1562401/000156240121000041/amh-20201231.htm
16
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
17
“Oaktree Capital Draws Activist Ire Over Evictions,” Wall Street Journal, Feb 26, 2017. https://www.wsj.com/articles/oaktree-
capital-draws-activist-ire-over-evictions-11614385002
18
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
19
https://www.atlasrep.com/press.html, accessed Jul 22, 2021.
20
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
21
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
22
“Invitation Homes Reports Fourth Quarter 2020 and Full Year 2020 Results,” Media release, Feb 16, 2021.
https://www.businesswire.com/news/home/20210216006021/en/Invitation-Homes-Reports-Fourth-Quarter-2020-and-Full-Year-
2020-Results
23
https://www.morningstar.com/stocks/xnys/invh/quote, accessed Jul 25, 2021.
24
“WALL STREET ANDTHE FINANCIAL CRISIS: Anatomy of a Financial Collapse,” US Senate Permanent Subcommittee on
Investigations, Apr 13, 2011. https://www.hsgac.senate.gov/imo/media/doc/PSI%20REPORT%20-
%20Wall%20Street%20&%20the%20Financial%20Crisis-Anatomy%20of%20a%20Financial%20Collapse%20(FINAL%205-10-
11).pdf
25
“SPECIAL REPORT Giant U.S. landlords pursue evictions despite CDC ban,” Reuters, Apr 23, 2021.
https://www.reuters.com/world/us/special-report-giant-us-landlords-pursue-evictions-despite-cdc-ban-2021-04-23/
26
“PSP Investments and Pretium Announce Joint Venture to Invest in Single-Family Rentals,” Media release, Jan 28, 2021,
https://www.prnewswire.com/news-releases/psp-investments-and-pretium-announce-joint-venture-to-invest-in-single-family-rentals-
301216872.html
“Tennessee Consolidated adds single-family rental to property portfolio,” IPE Real Estate, Dec 8, 2020.
https://realassets.ipe.com/news/tennessee-consolidated-adds-single-family-rental-to-property-portfolio/10049470.article
27
“Pretium and Ares Management Announce $2.4-Billion Take-Private Transaction with Front Yard Residential,” Media release, Oct
19, 2020. https://pretium.com/pretium-and-ares-management-announce-2-4-billion-take-private-transaction-with-front-yard-
residential/
28
“Front Yard Residential Signs Amended Merger Agreement with Pretium and Ares Management,” Media release, Nov 23, 2020.
https://www.globenewswire.com/en/news-release/2020/11/23/2131695/24695/en/Front-Yard-Residential-Signs-Amended-Merger-
Agreement-with-Pretium-and-Ares-Management.html
29
“Big Short investor buys $25M Miami Beach spec mansion,” The Real Deal, Apr 6, 2021.
https://therealdeal.com/miami/2021/04/06/big-short-investor-buys-25m-miami-beach-spec-mansion/
30
“Emergency Rental Assistance through the Coronavirus Relief Fund,” Congressional Research Service, Jul 9, 2021.
https://crsreports.congress.gov/product/pdf/R/R46688
31
“Emergency Rental Assistance through the Coronavirus Relief Fund,” Congressional Research Service, Jul 9, 2021.
https://crsreports.congress.gov/product/pdf/R/R46688
32
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
33
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
34
“Corporate Landlord Evicts Black Renters At Far Higher Rates Than Whites, Report Finds,” NPR, Jun 3, 2021.
https://www.npr.org/2021/06/03/1001404416/corporate-landlord-evicts-black-renters-at-far-higher-rates-than-whites-report-f
35
See for example case 2021-CC-000107, Palm Beach County, FL; 2021-CC-000109, Palm Beach County, FL;
36
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
37
“SPECIAL REPORT Giant U.S. landlords pursue evictions despite CDC ban,” Reuters, Apr 23, 2021.
https://www.reuters.com/world/us/special-report-giant-us-landlords-pursue-evictions-despite-cdc-ban-2021-04-23/
38
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
39
PESP eviction tracker:
https://docs.google.com/spreadsheets/d/1lgntfTGWT4rbylrmtYDiEWJODbrHAofNMrKaqcHXG9E/edit#gid=1893348512
