Tag Archives: realpage

Democrats reintroduce bill to expose rental algorithms

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

Trump’s AG pick promises to pursue antitrust enforcement

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Bondi affirmed that the enforcement of antitrust laws would be a “priority” for her as Attorney General, which suggests that the real estate industry should be prepared for investigations into its practices to continue in full force. Continue reading →

DOJ adds major landlords to antitrust lawsuit against RealPage

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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 says feds ended criminal probe into multifamily pricing

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The company has become a lightning rod in debates about rental pricing software. It also remains the subject of a civil lawsuit over alleged antitrust allegations. Continue reading →

RealPage says feds ended criminal probe into multifamily pricing

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The company has become a lightning rod in debates about rental pricing software. It also remains the subject of a civil lawsuit over alleged antitrust allegations. Continue reading →

DOJ’s data sharing statement has implications for MLSs, associations

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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 →

DOJ takes aim at RealPage rent-pricing algorithm in antitrust suit

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“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 →

RealPage lays off 4% of workforce amid ongoing lawsuits and probe

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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 →

RealPage breaks silence on federal price-fixing probe into Yardi system

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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 →