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 …
Wall Street Landlords Vs. California Renters
In the fight over Proposition 21, the line of battle is clear: Wall Street landlords versus California renters. Corporate landlords such as Blackstone Group, Essex Property Trust, and Equity Residential are determined to do anything …
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 — …
California Apartment Association’s John Eudy Pulls the Strings to Stop Proposition 21
Behind the scenes, a handful of real estate executives have been guiding the California Apartment Association’s never-ending push to stop any and all renter protections. CAA CEO Tom Bannon is one of them. So is …
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 …
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 …