Private equity landlords’ screening process discriminated against renters, lawsuits contend [MSNBC.com]
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Source: MSNBC.com
Two large private-equity-backed landlords discriminated against prospective tenants by relying on screening systems reporting inaccurate information about applicants’ previous evictions and criminal histories, according to two lawsuits filed Wednesday by an Indianapolis housing nonprofit group. The lawsuits follow complaints by tenants and their advocates about the impact some private-equity-backed landlords have had on residents, includingjunk feesproperty maintenancefrequent evictionsThe new litigation centers on Tricon Residential, a California-based landlord recently acquired by the Blackstone Group of City, one of the country’s more prestigious private equity firms, and Progress Residential, a landlord owned by Pretium Partners, which is overseen by Don Mullen, a former Goldman Sachs executive. The suits were brought by theFair Housing Center of Central IndianaRelying on such information is a form of racial discrimination, the lawsuits say, because Black people are more likely t
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