Democrats reintroduce bill to expose rental algorithms

Minnesota Senator Amy Klobuchar has reintroduced the Preventing Algorithmic Collusion Act, inspired by the Department of Justice’s RealPage investigation. Continue reading

DOJ adds major landlords to antitrust lawsuit against RealPage

Greystar Real Estate Partners, Blackstone’s LivCor and Cushman & Wakefield are among the institutional landlords accused of fixing rental prices — to the detriment of “millions” of renters. Continue reading

RealPage software may have pushed US rents sky high, new report says

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

Moderne Ventures clinches $200M in oversubscribed funding round

The company’s second fund achieved four times the amount of the its first institutional fund and boasts contributions from a number of big names. Continue reading