Portrait of Pretium Partners, LLC

Headquarters: United States — Private equity / residential real estate

Pretium Partners, LLC

Also known as: Pretium

Updated on

U.S. private equity firm owning Progress Residential and co-defendant in a 2026 FTC action.

Pretium Partners owns Progress Residential and investment vehicles in U.S. single-family rentals. The FTC and four states alleged its involvement in disputed pricing and rental practices in 2026. Pretium denies the allegations and accepted a proposed $49.75 million civil settlement without admitting wrongdoing.

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Portrait of Pretium Partners, LLC
3Documented controversies
4Sources
0Formal charge · all time
0Conviction

I. Documented controversies

Case · 3 documented stages

November 6, 2026: Pretium named as FTC co-defendant

Civil / administrative proceedings
01

November 6, 2026

November 6, 2026: Pretium named as FTC co-defendant

Civil / administrative proceedings

The FTC and four states filed a civil action naming both Progress Residential LLC and Pretium Partners LLC. Claims concern advertised rents, ancillary fees, security deposits and review restrictions. This is not a criminal prosecution.

State of the evidence
Pretium is named as a defendant in the court docket.
Legal status — source text
November 6 federal civil complaint; stipulated order submitted for entry.
Attribution
Pretium directly named as corporate co-defendant.

Sources · 3

  1. [1]
    U.S. District Court / JustiaFederal Trade Commission et al v. Progress Residential, LLC et al 1:2026cv067826 November 2026MediaMedium reliability
  2. [2]
    Federal Trade CommissionProgress Residential, LLC6 November 2026Official documentHigh reliability
  3. [3]
    PretiumPretium Statement Regarding Agreement with the Federal Trade Commission6 November 2026Company documentMedium reliability

Last verified: 11 November 2026

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02

November 6–9, 2026

November 6–9, 2026: proposed settlement without admission

Civil / administrative proceedings

Pretium and Progress agreed to a proposed $49.75 million civil settlement and changes to operating practices. Pretium states that the resolution addresses 2021–2025 issues and admits no wrongdoing. Utah officials say the order becomes effective only upon court entry.

State of the evidence
Official releases and filed stipulated-order proposal.
Legal status — source text
Proposed settlement, not criminal liability; final order unconfirmed.
Attribution
Pretium party to the proposed agreement with Progress.

Sources · 3

  1. [1]
    PretiumPretium Statement Regarding Agreement with the Federal Trade Commission6 November 2026Company documentMedium reliability
  2. [2]
    Utah Department of CommerceUtah, FTC, and Three States Reach $48.5 Million Settlement with Major Single-Family Landlord9 November 2026Official documentHigh reliability
  3. [3]
    U.S. District Court / JustiaFederal Trade Commission et al v. Progress Residential, LLC et al 1:2026cv067826 November 2026MediaMedium reliability

Last verified: 11 November 2026

Add to this entryAny news?

03

2022–2025

2022–2025: alleged awareness of tenant complaints

Civil / administrative proceedings

Regulators allege that Pretium and Progress executives received complaints concerning fees, deposits, home conditions and customer service. The complaint attributes oversight involvement to Pretium. These allegations have not been adjudicated as liability.

State of the evidence
Claims in an official complaint naming both companies.
Legal status — source text
Civil proceedings against Pretium and Progress remain pending.
Attribution
Alleged involvement in oversight of subsidiary practices.

Sources · 2

  1. [1]
    Utah Department of CommerceUtah, FTC, and Three States Reach $48.5 Million Settlement with Major Single-Family Landlord9 November 2026Official documentHigh reliability
  2. [2]
    Federal Trade CommissionProgress Residential, LLC6 November 2026Official documentHigh reliability

Last verified: 11 November 2026

Add to this entryAny news?

II. Constellation of documented links

  • Linked profile (portrait or initials) — click to open it
  • Line width: number of documented references
  • Hover over or tap a line: controversies and sources

Two profiles are linked when a documented controversy of one names the other. The link points to that controversy and its sources; it does not indicate a personal relationship.

List of documented links (1)
  1. Progress Residential, LLC1 documented reference

III. Has something changed?

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Controversia profile, updated 11 November 2026. Latest version: https://controversia.info/en/fiche/pretium-partners-llc

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