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
S&P: US private equity portfolio company bankruptcies spiked to record high in 2023
January 11, 2024 – S&P reported on private equity portfolio company bankruptcies reaching a record high in 2023.
Becker’s Hospital Review: States facing the greatest risk from private equity
April 10, 2024 – Becker’s Hospital Review covered the launch of the Private Equity State Risk Index and the states facing the greatest risk from private equity.