Eviction filings and code complaints: What happened when a private equity firm became one city’s biggest homeowner - News Summed Up

Eviction filings and code complaints: What happened when a private equity firm became one city’s biggest homeowner


(Andrea Morales for The Washington Post)Cerberus — one of the nation’s largest owners of rental homes — declined to comment for this article. That means more visits to the fast-moving chaos of eviction court — where landlords usually win and the fees for renters pile up. On her visit to court, Brown took a seat at the back of the wood-paneled courtroom. The number of rental homes owned by Cerberus nationwide has tripled in the past 1 1/ 2 years. But FirstKey’s eviction filing rate is higher, too, than for Memphis rental homes owned by other institutional investors.


Source: Washington Post December 25, 2018 22:43 UTC



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