Four corporate landlords evicted three times more tenants than previously known during the first 16 months of the coronavirus pandemic.
"These firms are buying up a lot of housing, and they're particularly buying up housing in places that have relatively weak tenant protections," said one eviction expert."And I don't think that that is coincidental.
Pretium was investing in a major expansion when the committee, led by Chair James Clyburn , launched its investigation in July 2021, while Invitation was reporting record profits and both Siegel and Ventron had received more than $2 million in Paycheck Protection Program funds, which they were not required to pay back.
The committee began its investigation following reports that corporate landlords were not complying with a federal eviction moratorium put in place during the pandemic and with rental assistance programs.
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