letter to brookfield re Yes Communities.docx - Google Docs

The Private Equity Stakeholder Project and a group of residents are calling on Brookfield Asset Management to implement strict standards for resident protections—including a 3% annual rent cap and the allowance of window A/C units—should it acquire Yes! Communities. The letter highlights a pattern of rent hikes and poor maintenance at Yes! Communities parks in Michigan, Florida, Tennessee, Indiana, Iowa, and Texas, and expresses concern over the management record of RHP, a previous Brookfield partner, citing issues in New York, Colorado, and North Carolina.

• The acquisition of Yes! Communities, which owns 266 parks with over 77,000 home sites, would bring Brookfield's total holdings to over 300 parks and 100,000 sites.
• Residents of Yes! Communities parks in Michigan have reported significant rent increases; for example, one resident in Novi saw rent double, and another in Rochester Hills paid more than half of her monthly income for rent.
• Yes! Communities has been accused of poor facility maintenance and aggressive management practices across several states, including ignoring mold in Florida, failing to address structural issues in Tennessee, and threatening evictions in Indiana, Iowa, and Texas for residents who used window air conditioning units during heatwaves.
• The letter expresses concern regarding RHP, a manager of Brookfield's existing portfolio, citing electrical and septic failures in New York, a high volume of state complaints in Colorado, and 131 evictions filed in Western North Carolina following Hurricane Helene in early 2025.
• The authors demand that Brookfield commit to specific standards if the purchase occurs, including capping annual rent increases at 3%, banning new fees, allowing window A/C units, and providing multi-year leases for senior citizens.

APA

Private Equity Stakeholder Project (2025). letter to brookfield re Yes Communities.docx - Google Docs. https://pestakeholder.org/wp-content/uploads/2025/11/Brookfield-Letter-re-Yes-Communities.pdf

Chicago

Private Equity Stakeholder Project. letter to brookfield re Yes Communities.docx - Google Docs. 2025. https://pestakeholder.org/wp-content/uploads/2025/11/Brookfield-Letter-re-Yes-Communities.pdf.

Wikipedia

{{cite press release |author=Private Equity Stakeholder Project |title=letter to brookfield re Yes Communities.docx - Google Docs |date=5 November 2025 |url=https://pestakeholder.org/wp-content/uploads/2025/11/Brookfield-Letter-re-Yes-Communities.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{privateequitystakeholderproject2025letter, author = {{Private Equity Stakeholder Project}}, title = {{letter to brookfield re Yes Communities.docx - Google Docs}}, publisher = {Private Equity Stakeholder Project}, year = {2025}, month = nov, url = {https://pestakeholder.org/wp-content/uploads/2025/11/Brookfield-Letter-re-Yes-Communities.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }