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FACT SHEET: Private Equity Vultures Eye Real Estate During Coronavirus Crisis

January 4, 2022

It’s been well documented how private equity firms profited from the 2008 economic crisis. After millions of people lost their homes to foreclosure, private equity firms swept in, buying commercial, single- and multi-family properties at a steep discount, and later raising rents, gouging tenants with fees, skimping on maintenance, and using aggressive collections and evictions strategies.