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 — …
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 …
California Apartment Association’s Barry Altshuler Doesn’t Want You to Know About Him
Outside the real estate industry, most Californians have never heard of Barry Altshuler, and he probably likes it that way. But as president of the California Apartment Association board of directors and executive vice president …
UPDATE: Top 10 Contributors Opposing Rent Control in California
Big Real Estate keeps pumping millions into campaigns that oppose Proposition 21, the November ballot measure that expands rent control in California. And in June, a new No on 21 committee was established, adding up …
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 …
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 …
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 …