"They're filing to evict residents at rates four times as high in majority-Black counties."
Jim Baker, executive director of the Private Equity Stakeholder Project, regarding a new report that found that the private equity investment firm Pretium Partners has been evicting residents in majority-Black counties at a much higher rate than those in majority-white counties. The report found that in predominantly white counties, Pretium has been filing for eviction against about 2 percent of people renting from them, whereas in majority-Black counties the company has filed to evict 10 to 12 percent of its residents. Pretium Partners owns 55,000 homes, making it the nation's second-largest owner of single-family rental residences. (NPR — June 3, 2021)