Democrats on the Senate Banking Committee are asking Defense Secretary Pete Hegseth to probe what’s driving the price hikes ...
It’s alleged landlords used a RealPage algorithm to set rents for approximately a third of one-bedroom and two-bedroom ...
An apartment complex owner and a software company have been accused of working together to illegally raise the rent on ...
The DOJ’s amended complaint alleges that the six firms coordinated pricing beyond using RealPage’s algorithm, including: -DOJ alleged that the companies communicate with competitors’ senior ...
The complaint is part of the DOJ's ongoing probe into a controversial property management software system, RealPage, that helps landlords set rent prices. Landlords who pay to use RealPage's ...
In August, the DOJ and eight attorneys general filed a civil antitrust lawsuit against Richardson, Texas-based RealPage, claiming its commercial revenue-management software violates antitrust laws.
“We are disappointed that the DOJ added us and other operators to their lawsuit against RealPage,” Greystar said in a company statement. “Greystar has and will conduct its business with the ...
On Jan. 7, 2025, the Antitrust Division of the U.S. Department of Justice (DOJ) amended its complaint against RealPage Inc. (filed originally on Aug. 23, 2024) to add several multifamily apartment ...
But the amended complaint takes this a step further — on top of using RealPage, these landlords did, the DOJ alleges, coordinate their prices by other means. According to the amended complaint ...
The US previously sued RealPage, a software maker accused of helping landlords collectively set prices by giving them access to competitors' nonpublic pricing and occupancy information. The original ...