Lawmakers in both chambers of Congress have accused RealPage of anticompetitive practices. Calls for an inquiry come a month after a sweeping and critical report into the company. Continue reading
Aside from the onset of the COVID-19 pandemic, the month-over-month decline was the biggest drop in rent prices since 2010. Rent remains up 7.6 percent year over year, but the market is softening. Continue reading
Agreements between RealPage and some of the biggest apartment owners in the country drove up the cost of rent, which amounted to an illegal conspiracy that drove rents to all-time highs, the lawsuit alleges. Continue reading
The report, out Friday from news non-profit ProPublica, focuses on YieldStar, a piece of software the property management company says on its website is geared toward “optimizing rent pricing.” Continue reading
RealPage reports the third quarter saw the biggest slowdown in leasing traffic in 30 years of tracking. Paired with a slowdown in rent, it’s the latest sign of turbulence in the housing market. Continue reading
The virtual brokerage is bringing on Shoeb Ansari to serve as chief information officer, as well as former Remine CEO Leo Pareja to oversee affiliated services. Continue reading
Rental arbitrage is when an individual rents a property long-term and then rents it out to someone else short-term. A new report found that less densely packed coastal destination markets are prime locations for arbitrage in 2021. Continue reading
The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the U.S. hit $1,549. Continue reading
RealPage’s solutions & services help owners and managers of various rental property types maximize the value of their properties. RealPage benefits owners, managers, and investors in the real estate industry, covering numerous property types. Continue reading
Smart buildings and connected communities provide their residents with the security and convenience that transforms spaces from an apartment to a home. Continue reading