1 Day
Source:
The Fiscal Times
_1777370220974_847775619.png&w=48&q=75){kind=small}
Trump’s Landlord Bailout Could Fund Private Equity
The federal government is nearing a multi-billion-dollar settlement with thousands of landlords who sued over financial losses caused by the national eviction moratorium during the COVID pandemic. The lawsuit, initiated by property owners claiming damages from the CDC's eviction bans, has grown to include over 2,000 plaintiffs, many of whom are managed by large asset managers. The proposed settlement, estimated at around $1.5 billion, aims to resolve longstanding litigation and is seen as a response to the financial harm landlords argue they suffered due to pandemic-related eviction restrictions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)