RealPage says feds ended criminal probe into multifamily pricing

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

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

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

“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

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

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

Undeterred by federal scrutiny, RealPage continues to innovate

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

DOJ launches criminal probe into RealPage amid rent-fixing scandal

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