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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.
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.
Justice Department Sues Landlords Over Rent-Fixing Scheme
The US Justice Department is taking legal action against several landlords accused of collaborating to artificially maintain high rent prices. This lawsuit emerges amidst a tough housing market where many renters find themselves spending over 30% of their income on rent and utilities.
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 DOJ sues landlords over rent price-fixing algorithms
The US Department of Justice (DOJ) announced a lawsuit Tuesday against six corporate landlords and a software company accused of colluding to fix rent prices by sharing sensitive competitive
DOJ Sues landlords for hiking rents
High rent prices in D.C. are frustrating for renters.
States sue landlords over high rent prices
Landlords are being sued after states allege they are using algorithms to set rent prices. These "Big Bang Theory" jokes will NEVER get old! For this list, we’ll be looking at the funniest jokes from the show that we’ve all laughed at many times before,
FOX 26 Houston on MSN
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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, ...
2d
DOJ amends RealPage complaint to include 6 major landlords
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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, ...
4h
on MSN
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 ...
2d
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 ...
9h
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.
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 ...
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 ...
GlobeSt.com
15h
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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