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The Real Dirt: The Greed of California Apartment Association, Invitation Homes, and Billionaire Stephen Schwarzman

In News by Patrick Range McDonaldMarch 27, 2025

The Real Dirt is a regular column by award-winning advocacy journalist Patrick Range McDonald that exposes the real estate industry’s lies, scams, and other unscrupulous acts, which impact the lives of millions. The California Apartment …

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Corporate Landlord Stephen Schwarzman Grabbed More Than $1 Billion in 2024

In News by Patrick Range McDonaldMarch 5, 2025

Shockingly, corporate landlord Stephen Schwarzman made more than $1 billion in pay and dividends in 2024, according to Bloomberg. Schwarzman’s company, Blackstone Group, was also a major contributor, in 2024, to Big Real Estate’s successful …

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Big Real Estate Raised $171.6 Million to Kill Prop 33 and Pass Prop 34

In News by Patrick Range McDonaldJanuary 30, 2025

For the 2024 election, Big Real Estate raised a whopping total of $171.6 million to kill Proposition 33 and pass Proposition 34 in California. Several of the top contributors are the country’s largest corporate landlords. …

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Yes on Prop 33 Endorsed by Labor Unions, Activists, and Civic Leaders. Which Side Are You On?

In News by Patrick Range McDonaldAugust 22, 2024

When it comes to Proposition 33 in California, a quick look at who supports the pro-rent control ballot measure and who is financing the No on Prop 33 campaign says everything. The California Democratic Party, …

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Corporate Landlords Are Overwhelmingly Funding No on Prop 33 and Yes on Prop 34 Campaigns

In News by Patrick Range McDonaldAugust 20, 2024

Housing Is A Human Right has found that a group of 11 corporate landlords, including Essex Property Trust and Blackstone, is overwhelmingly funding the No on Prop 33 and Yes on Prop 34 campaigns in …

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Exclusive: Blackstone Finances Campaigns to Kill Rent Control and Stop AIDS Healthcare Foundation

In News by Patrick Range McDonaldJuly 23, 2024

Blackstone Group, one of the largest corporate landlords in the world, is now financing the campaigns to kill rent control expansion in California and to stop AIDS Healthcare Foundation’s life-saving advocacy work. It’s not surprising. In …

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California Apartment Association and Corporate Landlords Are Public Enemy No. 1

In News by Patrick Range McDonaldSeptember 8, 2023

When it comes to devastating the lives of tens of millions of Californians, the California Apartment Association and corporate landlords are public enemy number one. That’s not a stretch. No other industry has done as …

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Stephen Schwarzman, Staunch Foe of Rent Control, Buys Lavish Estate in England

In News by Patrick Range McDonaldOctober 6, 2022

While millions of renters struggle to make ends meet, corporate landlord Stephen Schwarzman, whose company spent mountains of cash to successfully kill rent control ballot measures in California, has bought another multi-million-dollar mansion, according to …

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Stephen Schwarzman, Fierce Foe of Rent Control, Lands on Top 25 List of Wealthiest Americans

In News by Patrick Range McDonaldJuly 26, 2022

Corporate landlord Stephen Schwarzman, the controversial CEO of Blackstone Group, has been ranked by CEOWorld magazine as the one of the 25 wealthiest people in the United States. In 2018 and 2020, Blackstone shelled out …

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Top 5 Worst Corporate Landlords (Corporate YIMBYs Win Honorable Mention)

In News by Patrick Range McDonaldApril 5, 2022

As corporate landlords keep setting sky-high prices in the rental housing market, tenants are getting slammed by unfair rents, more evictions, and more homelessness. Known for their predatory business practices, corporate landlords also shell out …

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