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UPDATE: Big Real Estate Shelled Out Nearly $100 Million to Stop Prop 21

In News by Patrick Range McDonaldJanuary 3, 2021

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 …

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Big Real Estate Shells Out Staggering $86.2 Million to Kill California’s Prop 21

In News by Patrick Range McDonaldNovember 11, 2020

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 …

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Essex Property Trust Spearheads Wall Street’s Opposition to Prop 21

In News by Patrick Range McDonaldNovember 3, 2020

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 …

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UPDATE: Big Real Estate’s Top 10 Campaign Contributors That Oppose Proposition 21

In News by Patrick Range McDonaldAugust 19, 2020

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 …

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Barons of Big Real Estate Want You to Help Them Make Billions

In News by Patrick Range McDonaldJuly 21, 2020

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 …

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Will the Corporate Greed of Essex Property Trust CEO Mike Schall Destroy California?

In News by Patrick Range McDonaldJune 28, 2020

For Essex Property Trust CEO Mike Schall, it’s all about the money — no matter who gets hurt. Slamming seniors with huge rent increases and forcing them out of their homes is a standard way …

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UPDATE: Top 10 Contributors That Oppose Rent Control in California

In News by Patrick Range McDonaldJune 7, 2020

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 …

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