Progress Residential is a major real estate company owned by a private equity group. The company is now the largest single-family rental provider in the United States, with over 85,000 rental properties, including over 10,599 homes in Georgia, according to data from a 2023 report. Progress Residential was the subject of a mass lawsuit alleging…
Tricon Residential is a Canada-based real estate company that acquires single-family homes in multiple U.S. states, focusing particularly on the Southern states. Tricon Residential now owns thousands of Georgia rental properties, including in Atlanta. Tricon faces a class-action lawsuit for discrimination in its rental application policies, which used third-party screening to deny housing to those…
Large real estate investment companies now own a substantial number of single-family homes in Atlanta and throughout Georgia, displacing private homeownership at a rapidly increasing rate. According to a 2023 Senate report, one of the largest investors, Main Street Renewal, LLC, owned 5,743 single-family homes in Metro Atlanta alone, a figure that has steadily increased….
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