corporate homeownership

Using parcel-level property tax data, we tracked changes in ownership from 2012 to 2022 to understand where corporate landlords are active, how they are acquiring properties, and what this might mean for housing access and stability.

The phrase “corporate landlord” is often used to refer to large corporate entities backed by private equity funds and Real Estate Investment Trusts. In researching corporate home ownership throughout seven municipalities in New Jersey, researchers found that some areas exhibited high and increasing levels of corporate ownership, broadly defined, but most corporate entities owned just a few properties and most of these appeared to be locally based.