Housing Is A Human Right presents another special report about the power players responsible for the housing affordability crisis. For this investigation, we examine Blackstone Group CEO and billionaire Stephen Schwarzman, one of the largest …
Barons of Big Real Estate Want You to Help Them Make Billions
In a few months, Californians will vote by mail or walk into the local polling place and decide if Proposition 21, the ballot measure that limits unfair rent increases, should be passed. For middle- and …
Is Billionaire Landlord Sam Zell the Quintessential Corporate Vulture?
Sam Zell, chairman of Equity Residential and Equity LifeStyle Properties, is worth $4.8 billion. He has more money than he knows what to do with. Yet as Californians struggle through the COVID-19 pandemic and housing …
UPDATE: Top 10 Contributors That Oppose Rent Control in California
Big Real Estate continues to shell out major cash to political committees that oppose the Rental Affordability Act, the November ballot measure that expands rent control in California. Equity Residential and Essex Property Trust, two …
California Apartment Association Seeks To Silence AHF, Stoops to New Low
The California Apartment Association is up to its dirty tricks again — and has stooped to a new low. Known for shelling out mounds of campaign cash to influence politicians and using bully tactics against …
L.A. Must House Homeless, AHF Renews Offer of 74-Room Hotel
AIDS Healthcare Foundation renewed its offer today of a turnkey 74-room hotel in Los Angeles — an offer first made to government officials over two months ago — for temporarily housing the homeless and/or isolate suspected coronavirus patients. …
Californians Stand Up to Big Real Estate and Back Rent Control
California’s grassroots movement that aims to expand rent control through a statewide ballot measure has reached a major milestone: the initiative, known as the Rental Affordability Act (RAA), has received more than 1,200 individual campaign …
AHF Offers Emergency Facility For COVID-19 Patients; Applauds Newsom’s Response
Following a statewide call to action by Gov. Gavin Newsom, AIDS Healthcare Foundation (AHF) is offering a building in Los Angeles—a 74-bed motel being repurposed as housing for the homeless—that AHF recently purchased, but has not yet …
Corporate Landlords Behind Campaigns to Stop Rent Control in California
Corporate landlords are financing two campaigns to stop the Rental Affordability Act, the November 2020 ballot measure that expands rent control in California. Concerned that rent control will impact the outsized profits they’ve gained by …
Corporate Landlords Spend Big Cash to Stop California’s Rent Control Movement
It’s only January, and Big Real Estate is already shelling out major cash to stop California’s rent control movement. According to state filings, corporate landlords such as Essex Property Trust and UDR have so far …