Arizona Republic: Why 9 Arizona landlords are being sued over rent hikes — and what to do if yours goes up
March 20, 2024
The Arizona Republic reported on Arizona Attorney General Kris Mayes’ lawsuit against nine Arizona landlords and private equity-backed landlord software company RealPage over rent increases.
“I lived there for almost five years,” said Linda Collofello, a former tenant of an apartment complex owned by private equity firm Greystar. “When I first started there it was $950, and it climbed all the way up to $1,500.”
She says that when Greystar took over, they nickel and dimed her endlessly. When she decided to move out, the complex tried to charge her for a full month’s rent.
Related Article
Pluribus News: Tool ranks states by private equity buyout risk
April 9, 2024 – State policy-focused news site Pluribus News reported on the launch of the Private Equity State Risk Index
New York Times: Serious Medical Errors Rose After Private Equity Firms Bought Hospitals
December 26, 2023 – The New York Times covered a major new study that found that rate of serious medical complications increased in hospitals after they were purchased by private equity investment firms.
NBC News: Senate investigating whether ER care has been harmed by growing role of private-equity firms
April 2, 2024 – NBC News covered the recently announced Senate committee investigation into whether ER care has been harmed by growing role of private-equity firms.