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.
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.
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.
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, harming millions of renters in Houston and across the country.
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.
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
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, ...
DOJ amends RealPage complaint to include 6 major landlords
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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.
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 ...
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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 ...
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.
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 ...
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 ...
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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 ...
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DOJ Sues 6 of the US’s Largest Landlords Over Alleged Price-Fixing Scheme
The lawsuit expands a 2024 antitrust complaint accusing a property management software maker of illegal price-fixing.