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.
Topic
corporate homeownership
Are corporate buyers hogging single-family homes in Harris County? Here’s what the data shows.
Institutional investors often purchase properties using LLCs and other entities with a different name, so properties were connected to the nine companies using a list of keywords compiled by Rutgers University assistant professor Eric Seymour. In all, 370 unique property owner names listed in Harris County records were linked to the nine firms.
Trump Plans to Ban Big Investors From Buying Houses. Will That Lower Prices?
The largest corporate owners are at saturation,” says Eric Seymour, a Rutgers associate professor who studies private equity in the housing market. “Some of the largest actors, like Invitation Homes and Blackstone, grew to scale in the aftermath of the foreclosure crisis when they are able to buy large numbers of homes at low costs. That window has closed.”
Corporations are buying more homes in NJ, what that means to families
The largest corporate owners are at saturation,” says Eric Seymour, a Rutgers associate professor who studies private equity in the housing market. “Some of the largest actors, like Invitation Homes and Blackstone, grew to scale in the aftermath of the foreclosure crisis when they are able to buy large numbers of homes at low costs. That window has closed.”
NJSPL Report: Investor Acquisition of Residential Properties
Corporate ownership of single-family homes and other small residential properties has drawn growing concern from housing advocates and policymakers in New Jersey and nationally. Between 2012 and 2022, corporate ownership of 1–4-unit residential properties more than doubled in the Garden State.
NJSPL: Mapping Corporate Landlords in New Jersey
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.
NJSPL: Identifying & Examining NJ Corporate Home Ownership
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.