Since New York-based Cerebrus Capital Management became the largest owner of single-family homes in Memphis, the number of residents it’s sought to evict has soared. A Washington Post investigation found FirstKey Homes, the property management company owned by private-equity firm Cerebrus, sought to evict more than 400 Memphis-area tenants this year, a 50-percent spike over 2017. It also filed for eviction at an annual rate of 21 times per 100 homes it owns in Shelby […]
source https://therealdeal.com/chicago/2018/12/29/after-new-york-private-equity-firm-becomes-memphis-biggest-homeowner-evictions-soar/#new_tab
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