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 No.492345

Apparently one of the major corporate landlords doing mass evictions in the US is Israeli-owned. Vid attached is Breaking Points going over an article from The Nation, excerpt below:

The Eviction Kings
One of Israel’s biggest companies is taking over huge swaths of US real estate—and tenants are paying the price.

Whether they stay or get priced out, these tenants are also linked to a multinational conglomerate that profits from the displacement of people on the other side of the world. That’s because American Landmark is almost entirely owned by Elco, one of Israel’s largest corporations. For years, Elco, via its Electra Super Brand, has done extensive business in Israeli settlements in the occupied West Bank and East Jerusalem. Israeli settlements drive many thousands of Palestinians from their homes and are considered illegal under international law. Elco has also maintained deep ties to the Israeli military, including during the genocide in Gaza. The United Nations Office of the High Commissioner for Human Rights has cited Electra Ltd. in its database of over 150 companies doing business in the settlements. In 2024, the American Friends Service Committee put Electra on its list of companies that “directly facilitate and enable human rights violations and violations of international law as part of Israel’s prolonged military occupations, apartheid, and genocide.” Meanwhile, in a podcast appearance that same year, an Electra executive described American Landmark as a “big winning card” for the company. (Elco and Electra Real Estate, the subsidiary that owns American Landmark, did not respond to requests for comment.)

read more:
https://archive.is/VaUKF
https://www.thenation.com/article/society/american-landmark-evictions-israel-electra/

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