Private equity companies buy more apartment units
Private equity firms own nearly 3 million apartment units, about 13% of the total apartments across the country, according to a new analysis from watchdog group Private Equity Stakeholder Project.
And most have been fairly recent purchases. The companies acquired more than 1.7 million of those, or 57%, since 2018, and about 45% of them since 2021, the report found.
More than two-thirds of those units are located in just 10 states: Texas, Florida, California, Georgia, North Carolina, Colorado, New York, Arizona, Virginia and Washington.
Texas has the highest number of private equity-owned apartments, the analysis said, with more than 1,900 properties and nearly 580,000 units.
https://washingtonstatestandard.com/2026/05/22/repub/private-equity-companies-buy-more-apartment-units/
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