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Colorado, Justice Department add Greystar, Cortland and other large landlords to apartment price-fixing suit
Several large landlords allegedly colluded in an effort to keep apartment rents high, including by using an algorithm that influences prices, according to new legal filings by the Colorado attorney general,
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. The legal action is the latest development stemming from a 2022 ProPublica investigation.
Colorado joins Justice Department in suing landlords
The complaint alleged the six companies set their rents using each other's information by either speaking with competitor's senior managers, calling around, and participating in user groups to discuss how to modify pricing methods.
Department of Justice files lawsuit against 6 of nation's largest landlords for price fixing
Rents are rising, and in some cases, the Justice Department says it may be illegal. On Tuesday, the DOJ filed an antitrust lawsuit against six major landlords. It accuses them of working together to keep rent prices high.
Justice Department adds six landlords to rental price lawsuit
The U.S. Department of Justice and 10 state attorneys general have ramped up their antitrust lawsuit against RealPage, a property management software compa
2h
on MSN
6 landlords with properties in Atlanta accused of sharing private renter information in federal lawsuit
Attorneys generals from 10 states also joined the suit, claiming the companies hurt "millions of American renters." ...
17h
on MSN
Several landlords accused of using AI to swindle millions out of renters in NC
On Tuesday, the Attorney General’s Office announced it will be suing six landlords for illegally working together and with ...
16h
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, ...
1d
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
1d
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 ...
15h
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 ...
1d
on MSN
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.
1d
DOJ amends RealPage complaint to include 6 major landlords
Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/97.BYxs733P.js ...
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Big landlords like Greystar, Cushman & Wakefield targeted by NC in lawsuit
The landlords named in the updated lawsuit are: Greystar Real Estate Partners LLC; Blackstone ’s LivCor LLC; Camden Property Trust; Cushman & Wakefield Inc. and Pinnacle Property Management Services ...
9h
on MSN
‘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 ...
11h
on MSN
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, ...
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