The real estate companies kept rents high with RealPage's software and by sharing information, the antitrust complaint says.
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Greystar, the largest U.S. apartment owner, and Blackstone’s LivCor are among the firms added to the suit.
An amended complaint names six landlords as defendants in ongoing litigation that North Carolina and several other states, ...
The Department of Justice alleges several property management companies colluded to inflate rents using algorithmic software, ...
The six landlords named in the lawsuit have allegedly used RealPage’s algorithm to set rent prices in roughly one-third of ...
The Justice Department has expanded a lawsuit against the real estate software company RealPage, adding six of the biggest ...
After suing real estate software company RealPage in late August, the U.S. Department of Justice (DOJ) expanded its lawsuit ...
Justice Department alleges RealPage and several of its clients were involved in an “anticompetitive algorithmic pricing ...
Greystar, one of the landlords targeted in the amended lawsuit, is the largest property management group in the U.S. with more than 700,000 homes for rent. The company runs multi-family apartment ...
The amended complaint alleges RealPage coordinated with big landlord companies in an unlawful scheme to decrease competition ...
Several Salem-Keizer apartment complexes may be using a rent-setting algorithmic software that has been the subject of legal pushback and named in a federal lawsuit for unlawfully decreasing ...