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
Denver Post: Colorado AG breaks up anesthesiology monopoly that dominated Denver and Durango health care markets
February 26, 2024 – The Denver Post covers the settlement by the Colorado Attorney General with private equity-owned U.S. Anesthesiology Partners
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
CBS Pittsburgh: Wall Street buys hundreds of homes in Pittsburgh area, turns them into rentals
January 22, 2024 – CBS Pittsburgh reported on Wall Street purchases of single family homes in the Pittsburgh area.