As we head deeper into 2021, renters in California and across the nation should never forget the small but powerful group of corporate landlords who shelled out a staggering $66.5 million to kill the expansion …
UPDATE: Big Real Estate Shelled Out Nearly $100 Million to Stop Prop 21
Perhaps in an effort to fly under the radar, corporate landlords such as Essex Property Trust, Equity Residential, and AvalonBay Communities have recently shelled out even more millions in campaign contributions to No on Prop …
Tangled Web: Gavin Newsom, Ace Smith, California Apartment Association, and the Billionaires Who Love Them
Billionaires Stephen Schwarzman and Sam Zell must love Gov. Gavin Newsom, political consultant Ace Smith, and the California Apartment Association right now. After all, Newsom, Smith, and the CAA were key players in killing two …
Big Real Estate Shells Out Staggering $86.2 Million to Kill California’s Prop 21
In its successful push to stop California’s Proposition 21, Big Real Estate shelled out a shocking $86.2 million to fund a statewide TV ad blitz that confused and tricked voters. The driving force behind the …
Essex Property Trust Spearheads Wall Street’s Opposition to Prop 21
As the COVID-19 pandemic rages on and California’s housing affordability crisis worsens, Essex Property Trust — a publicly traded real estate investment trust — is spearheading Wall Street’s multi-million-dollar campaign to kill Proposition 21. Prop …
Who’s Paying Controversial Flack Steve Maviglio to Kill Proposition 21?
During the battle over California’s Proposition 21, Steve Maviglio, the contentious political consultant based in Sacramento, has taken center stage as spokesman for the No on Prop 21 campaign. His resumé shows a penchant for …
California’s Housing Justice Movement Unites Behind Proposition 21
California’s housing justice movement is lining up in strong support of Proposition 21. Dozens of tenant rights organizations and housing justice groups have endorsed the statewide initiative, including ACCE Action, Housing Now! California, San Diego Tenants …
UPDATE: Big Real Estate’s Top 10 Campaign Contributors That Oppose Proposition 21
Since last month, Big Real Estate has nearly doubled its millions in campaign contributions to stop Proposition 21. Leading the charge, Essex Property Trust, helmed by CEO Mike Schall (pictured above), is the top contributor …
EXCLUSIVE: The Big Real Estate Executives Who Are Calling the Shots to Stop Prop 21
On Thursday, July 16, a little before noon, Essex Property Trust executive John Eudy sent an email to his deep-pocketed colleagues in the real estate industry, asking for campaign contributions — $100 per apartment — …
Multi-Millionaire Landlord Tod Spieker Wants to Kill Proposition 21
Many years ago, at UCLA, Richard “Tod” Spieker was an All-America swimmer, whose legacy was enshrined when the school’s state-of-the-art aquatics center was named after him. Today, in 2020, Spieker, a multi-millionaire landlord in Palo …