When Private Equity Becomes Your Landlord

… I imagine that it’s no better than when private equity becomes your doctor – fees get jacked and quality slides.

When Private Equity Becomes Your Landlord

As Greystar took charge, his alarm grew. Rents soared. Trash collected in the hallways and on the rooftop deck, Cooper said. The security guard showed up less often. One tenant said she was frightened when she encountered a large, seemingly drunk man she didn’t know dancing in a leotard and tutu in the parking garage. Another renter described having to heat her bathwater on the stove after she woke several times to find only cold water flowing from her tap.