Endnotes
1
https://www.cerberus.com/ accessed Apr 2, 2020.
2
“
President Donald J. Trump Announces Intent to Nominate, Designate, and
A
ppoint Personnel to Key Administration Posts,” Media release, Aug 16, 2018.
https://www.whitehouse.gov/presidential-actions/president-donald-j-trump-an-
n
ounces-intent-nominate-designate-appoint-personnel-key-administration-posts/
3
https://www.cerberus.com/our-firm/leadership/dan-quayle/, accessed Apr 2,
2
020.
4
h
ttps://www.cerberus.com/our-firm/leadership/john-w-snow/, accessed Apr 2,
2020.
5
h
ttps://www.cerberus.com/investment-platforms/residential-opportunities/,
accessed Jan. 27, 2020.
6
h
ttps://www.firstkeymortgage.com/Asset_Management, accessed Feb. 3, 2020.
7
“
Wall Street Snaps Up Cheap Single-Family Rentals,” Bloomberg, Feb 16,
2018. https://www.bloomberg.com/news/articles/2018-02-16/wall-street-s-home-
r
ental-bets-shift-to-lower-end-u-s-houses
8
“
Cerberus Acquires GBP 13 Billion Portfolio of Assets from UK Asset
Resolution Limited (UKAR),” Media release, Nov 13, 2015.
https://www.prnewswire.com/news-releases/cerberus-acquires-gbp-13-billion-
p
ortfolio-of-assets-from-uk-asset-resolution-limited-ukar-300178324.html
9
“Eviction filings and code complaints: What happened when a private equity
f
irm became one city’s biggest homeowner,” Washington Post, Dec 25, 2018.
https://www.washingtonpost.com/business/economy/eviction-filings-and-code-
c
omplaints-what-happened-when-a-private-equity-firm-became-one-citys-
biggest-homeowner/2018/12/25/995678d4-02f3-11e9-b6a9-0aa5c2fcc9e4_stor
y.html
10
“Eviction filings and code complaints: What happened when a private equity
firm became one city’s biggest homeowner,” Washington Post, Dec 25, 2018.
https://www.washingtonpost.com/business/economy/eviction-filings-and-code-
complaints-what-happened-when-a-private-equity-firm-became-one-citys-
biggest-homeowner/2018/12/25/995678d4-02f3-11e9-b6a9-0aa5c2fcc9e4_stor
y.html
1
1
“Eviction filings and code complaints: What happened when a private equity
firm became one city’s biggest homeowner,” Washington Post, Dec 25, 2018.
https://www.washingtonpost.com/business/economy/eviction-filings-and-code-
complaints-what-happened-when-a-private-equity-firm-became-one-citys-
biggest-homeowner/2018/12/25/995678d4-02f3-11e9-b6a9-0aa5c2fcc9e4_stor
y.html
12
“Eviction filings and code complaints: What happened when a private equity
firm became one city’s biggest homeowner,” Washington Post, Dec 25, 2018.
https://www.washingtonpost.com/business/economy/eviction-filings-and-code-
complaints-what-happened-when-a-private-equity-firm-became-one-citys-
biggest-homeowner/2018/12/25/995678d4-02f3-11e9-b6a9-0aa5c2fcc9e4_stor
y.html
13
Shelby County, TN General Sessions Court Clerk, accessed Mar 30, 2020.
https://gs4.shelbycountytn.gov/216/Civil-Case-Downloads
14
“Eviction filings and code complaints: What happened when a private equity
firm became one city’s biggest homeowner,” Washington Post, Dec 25, 2018.
https://www.washingtonpost.com/business/economy/eviction-filings-and-code-
complaints-what-happened-when-a-private-equity-firm-became-one-citys-
biggest-homeowner/2018/12/25/995678d4-02f3-11e9-b6a9-0aa5c2fcc9e4_stor
y.html
15
“Eviction filings and code complaints: What happened when a private equity
firm became one city’s biggest homeowner,” Washington Post, Dec 25, 2018.
https://www.washingtonpost.com/business/economy/eviction-filings-and-code-
complaints-what-happened-when-a-private-equity-firm-became-one-citys-
biggest-homeowner/2018/12/25/995678d4-02f3-11e9-b6a9-0aa5c2fcc9e4_stor
y.html
16
“Eviction filings and code complaints: What happened when a private equity
firm became one city’s biggest homeowner,” Washington Post, Dec 25, 2018.
https://www.washingtonpost.com/business/economy/eviction-filings-and-code-
complaints-what-happened-when-a-private-equity-firm-became-one-citys-
biggest-homeowner/2018/12/25/995678d4-02f3-11e9-b6a9-0aa5c2fcc9e4_stor
y.html
17
Clayton County recorder of deeds, accessed Feb.25, 2020.
18
Clayton County Magistrate Court, accessed Feb.25, 2020.
19
F
irstKey Homes LLC v. Angela Hollis et al., 2020CM07679 WD, Clayton
County, GA Magistrate Court, Mar 18, 2020.
20
M
otion for Default, Cerberus SFR Holdings LP v. Unknown Persons in
P
ossession, 2020-005427-CA-01, Circuit Court of the Eleventh Judicial Circuit,
Miami-Dade County, FL, Mar 27, 2020.
21
R
eturn of Service, Cerberus SFR Holdings LP v. Unknown Persons in Pos-
session, 2020-005427-CA-01, Circuit Court of the Eleventh Judicial Circuit,
M
iami-Dade County, FL, Mar 27, 2020.
2
2
Motion for Default Judgment, Cerberus SFR Holdings LP v. Hector Borrero
et al, COSO-20-002772, County Court for the Seventeenth Judicial Circuit,
B
roward County, FL, Mar 23, 2020.
23
“Eviction filings and code complaints: What happened when a private equity
f
irm became one city’s biggest homeowner,” Washington Post, Dec 25, 2018.
https://www.washingtonpost.com/business/economy/eviction-filings-and-code-
complaints-what-happened-when-a-private-equity-firm-became-one-citys-
b
iggest-homeowner/2018/12/25/995678d4-02f3-11e9-b6a9-0aa5c2fcc9e4_st
ory.html
24
“
Eviction filings and code complaints: What happened when a private equity
firm became one city’s biggest homeowner,” Washington Post, Dec 25, 2018.
h
ttps://www.washingtonpost.com/business/economy/eviction-filings-and-code-
complaints-what-happened-when-a-private-equity-firm-became-one-citys-
biggest-homeowner/2018/12/25/995678d4-02f3-11e9-b6a9-0aa5c2fcc9e4_st
o
ry.html
25
“Eviction filings and code complaints: What happened when a private equity
firm became one city’s biggest homeowner,” Washington Post, Dec 25, 2018.
https://www.washingtonpost.com/business/economy/eviction-filings-and-code-
complaints-what-happened-when-a-private-equity-firm-became-one-citys-
biggest-homeowner/2018/12/25/995678d4-02f3-11e9-b6a9-0aa5c2fcc9e4_st
ory.html
26
Ibid.
27
“Indianapolis renter upset she was asked to pay for damage from random
gunfire,” RTV6 Indianapolis, Nov 5, 2019.
https://www.theindychannel.com/news/call-6-investigators/indianapolis-renter-
upset-she-was-asked-to-pay-for-damage-from-random-gunfire, accessed
Feb.25, 2020.
28
“Investor named after mythical hellhound is snatching up metro Phoenix’s
affordable houses,” Arizona Republic, Apr 8, 2018.
https://www.azcentral.com/story/money/real-estate/catherine-
reagor/2018/04/07/investor-cerberus-firstkey-homes-snatching-up-metro-
phoenix-affordable-houses-homebuyers-renters/482973002/
29
“Investor named after mythical hellhound is snatching up metro Phoenix’s
affordable houses,” Arizona Republic, Apr 8, 2018.
https://www.azcentral.com/story/money/real-estate/catherine-
reagor/2018/04/07/investor-cerberus-firstkey-homes-snatching-up-metro-
phoenix-affordable-houses-homebuyers-renters/482973002/
30
“Single investor buying up affordable homes in Phoenix,” Phoenix Business
Journal, Apr 7, 2018.
https://www.bizjournals.com/phoenix/news/2018/04/07/single-investor-buying-
up-affordable-homes-in.html
31
https://www.realestatechandler.com/market-data, accessed Jan. 28, 2020.
32
https://www.fca.org.uk/data/understanding-mortgage-prisoners, accessed
Feb. 11, 2020.
33
“Northern Rock: US firm ‘misled’ UK government on mortgages,” BBC, Oct
22, 2018. https://www.bbc.com/news/business-45938487
34
“Hope for 'mortgage prisoners’ as MPs and regulator act to free them,”
The Guardian, May 25, 2019.
https://www.theguardian.com/money/2019/may/25/hope-for-mortgage-prison-
ers-as-mps-and-regulator-act-to-free-them
35
“Northern Rock: US firm ‘misled’ UK government on mortgages,”
BBC, Oct 22, 2018. https://www.bbc.com/news/business-45938487
36
“Northern Rock: US firm ‘misled’ UK government on mortgages,”
BBC, Oct 22, 2018. https://www.bbc.com/news/business-45938487
37
“Northern Rock: US firm ‘misled’ UK government on mortgages,”
BBC, Oct 22, 2018. https://www.bbc.com/news/business-45938487
CERBERUS CAPITAL MANAGEMENT’S THREE-HEADED ATTACK ON HOMEOWNERS, TENANTS
7
Pilar Sorensen
pilar.sorensen@PEstakeholder.org
312.545.2665
Private Equity
Stakeholder
Project