The DOJ’s recent statement, made in relation to a lawsuit against pork producers, notes that the sharing of information among competitors could violate antitrust law “even without proof of an agreement to fix prices.” Continue reading
“Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law,” Attorney General Merrick Garland said on Friday. Continue reading
The layoffs include employees at various levels of the company and come as RealPage faces scrutiny from federal regulators, who claim its software allows landlords to collude on rent. Continue reading
CEO Dana Jones pushed back in a statement on Tuesday, saying RealPage isn’t responsible for an undersupply of rentals, increased demand for homes or inflationary pressures shaping the market. Continue reading
Investigators searched the company’s office as part of an inquiry into alleged apartment price-fixing in the multifamily industry. Continue reading
RealPage’s Lumina is being rolled out to automate a number of the supporting tasks that drive the large facets of its solution, helping an array of commands and tasks perform faster, much of which is made possible by the massive dataset from which it c… Continue reading
A total of 27,500 build-to-rent houses in the United States were completed in 2023, according to a new report from RentCafe. Continue reading
The DOJ opened its investigation into the property management software firm as well as several multifamily building operators who authorities believe collaborated in a “price-fixing combination.” Continue reading
Pinnacle Property Management Services and AIR have settled with plaintiffs who accused them of increasing rent prices through collusion. Continue reading
The “Preventing the Algorithmic Facilitation of Rental Housing Cartels Act” is expected to be introduced in the U.S. Senate this week. Continue reading