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.
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 RealPage enabled landlords to fix rents.
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.
Landlords have been accused of price fixing. See where it could be happening.
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.
Justice Department accuses 6 major landlords of keeping rents high
The lawsuit arrives as U.S. renters continue to struggle. The latest figures show that half of American renters spent more than 30% of their income on rent and utilities in 2022, an all-time high.
US Justice Department accuses 6 big landlords of colluding to keep rents high
Prosecutors said the landlords used an algorithm to help set rents and privately shared sensitive information with their own competitors to boost profits.
6 major landlords accused of scheming to keep rents high, DOJ says
Several large landlords in the U.S. are being sued by the Justice Department for allegedly coordinating to keep Americans’ rents high. Here’s what to know.
DOJ Sues landlords for hiking rents
High rent prices in D.C. are frustrating for renters.
DOJ amends RealPage complaint to include 6 major landlords
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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 MSN1d
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, ...
Columbus landlord strikes deal with DOJ over alleged rent-fixing scheme
An amended U.S. Department of Justice lawsuit alleges that some of the nation's largest landlords participated in a scheme ...
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.
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 ...
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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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 ...
‘Absolutely egregious’: North Carolina attorney general sues landlords over alleged rent raising collusion
North Carolina’s attorney general says six landlords operating in the state – including two with properties in southeast ...