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Eric Seymour

NJSPL: Examining Property Transitions in New Jersey

Approximately 19% of Trenton’s one- to four-unit housing properties transitioned to corporate ownership between 2012 and 2022, totaling just over 4,000 properties in the Garden State capital. Researchers have been in the process of examining corporate home ownership in New Jersey, in particular how much exists today and which communities have the highest or fastest-growing rates of corporate and other investor ownership in the past decade.

Faculty Contribute to Wealth Disparity Task Force Report

Last week, in commemoration of Black History Month, Gov. Phil Murphy and Lt. Gov. Tahesha Way announced the release of the state’s Wealth Disparity Task Force report, “New Jersey – Building a State of Opportunity: A Report of the Wealth Disparity Task Force to Close Opportunity Gaps and Repair Structural Disparities.” 

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.

Homelessness in New Brunswick and Programs to Address It

This report identifies the challenges that emergency service organizations and their clients are experiencing as they attempt to access, or consider accessing, the existing service infrastructure and to identify areas of unmet need.

Who Really Owns The U.S. Housing Market? The Complete Roadmap

According to GSU professor Taylor Shelton and Rutgers professor Eric Seymour, all three of these companies used an “extensive network of more than 190 corporate aliases registered to 74 different addresses across ten states and one territory.”

Does Wall Street Own Your Dream Home?

The new report, which was authored by GSU professor Taylor Shelton and Rutgers researcher Eric Seymour, shows that in Atlanta three corporate landlords own 19,000 single-family rental homes, “These companies own tens of thousands of properties in a relatively select set of neighborhoods,” GSU’s Shelton said, “which allows them to exercise really significant market power over tenants and renters because they have such a large concentration of holdings in those neighborhoods,”

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