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RealPage accused on coordinating with landlords to keep rents artificially high
The Justice Department has expanded a lawsuit against the real estate software company RealPage, adding six of the biggest landlords and property management companies in the country to the suit and alleging that they coordinated to keep rents artificially high.
Landlords are accused of colluding to raise rents. See where.
Millions of rents across the country may now be set using one company’s algorithmic software, according to a federal lawsuit and a Washington Post analysis.
NC accuses 6 landlords of ‘illegally working together’ to raise rents in RealPage lawsuit
An amended complaint names six landlords as defendants in ongoing litigation that North Carolina and several other states, along with the federal government, began in August.
DOJ Adds 6 Major Landlords to Lawsuit Over Algorithmically Inflating Americans’ Rents
Federal prosecutors sued the real estate software company RealPage in August, now they're suing some of the company's biggest customers.
Lawsuit: Pricing algorithm inflated rental prices across country
Creation of a pricing algorithm in coordination with a software company has created a lawsuit by the North Carolina’s attorney general, the federal government and nine
DC residents react to DOJ suing six landlords for colluding to keep rental prices high
High rent prices in D.C. have long frustrated residents in the District. “When I was looking at prices, I said, ‘Can you write down the prices of the units we saw?’ And they said no because the prices change every day,
3d
on MSN
U.S. Expands RealPage Price-Fixing Lawsuit to Include Six Big Landlords
The Justice Department is adding six major apartment landlords to its lawsuit against real-estate software company RealPage, ...
FOX 26 Houston on MSN
2d
DOJ sues RealPage, landlords for colluding to inflate rents: Houston renters impacted
The Department of Justice alleges several property management companies colluded to inflate rents using algorithmic software, ...
Bisnow
3d
6 Major Landlords Accused Of Anticompetitive Behavior In DOJ’s Reinvigorated RealPage Investigation
Greystar, Blackstone, Camden Property Trust and Cushman & Wakefield are among the firms added to the suit that alleges ...
2d
on MSN
The DOJ Expands Its Lawsuit Against AI Software Company RealPage to Include 6 Major Landlords
After suing real estate software company RealPage in late August, the U.S. Department of Justice (DOJ) expanded its lawsuit ...
3d
DOJ amends RealPage complaint to include 6 major landlords
Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/97.BYxs733P.js ...
22h
Illinois joins Justice Department lawsuit against RealPage and big landlords
The real estate companies kept rents high with RealPage's software and by sharing information, the antitrust complaint says.
3d
DOJ, 10 State AGs File Amended Antitrust Complaint Against RealPage and Big Landlords
The amended complaint alleges RealPage coordinated with big landlord companies in an unlawful scheme to decrease competition ...
2d
on MSN
Under the Dome: State lawmakers start session; NC sues RealPage and 6 landlords
The six landlords named in the lawsuit have allegedly used RealPage’s algorithm to set rent prices in roughly one-third of ...
GlobeSt.com
1d
Multiple Factors Support Robust Multifamily Absorption Forecast
Better multifamily absorption through 2024 is expected to continue into 2025 even if the pace of absorption drops slightly as ...
20h
Company that manages Moderne, Couture sued by Department of Justice for rent price-fixing
The Dallas-based company handles property management for several apartment developments in the Milwaukee area — including the Moderne and Couture high-rises downtown.
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