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.
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.
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 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.
Department of Justice expands lawsuit against RealPage
A ferocious new wildfire is erupting in California's Hollywood Hills and is now threatening iconic landmarks, including the Walk of Fame. It comes as firefighters grapple with a strained water system. TODAY’s Dylan Dreyer reports from California.
Houston landlords face rent collusion charges in DOJ lawsuit. Renters paid $996 more per year, analysis says
The U.S. Department of Justice has accused several Houston-area landlords of colluding to inflate rent prices, expanding its antitrust case against RealPage, a Texas-based company whose software at the center of an alleged rent price-fixing effort.
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.
U.S. Expands RealPage Price-Fixing Lawsuit to Include Six Big Landlords
Greystar, the largest U.S. apartment owner, and Blackstone’s LivCor are among the firms added to the suit.
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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 ...
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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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 ...
Justice Department Sues Six of the Nation’s Largest Landlords in Effort to Stop Alleged Price-Fixing in Rental Markets
Federal prosecutors allege that the landlords have used RealPage pricing software to collude and artificially raise rents.
‘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 ...
Renters in these two Alabama cities may have overpaid, feds allege
Alabama is not a party to the suit, yet some of the companies named in the complaint manage or own properties in Alabama, ...
AG Jeff Jackson: landlords used RealPage data to avoid competitive pricing
North Carolina Attorney General Jeff Jackson is suing six landlords, accusing them of illegally collaborating with the ...