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RealPage, Inc. is an American property management software company, owned by the private equity firm Thoma Bravo, and known for its algorithmic rent setting, which has been accused of antitrust violations and price fixing. Its services are used to manage more than 24 million housing units worldwide in multifamily, commercial, single-family, and ...
The story of RealPage. So what is RealPage and why is everyone so agitated about it? Founded in 1998 by Steve Winn, RealPage Inc. is a multinational company that offers a variety of technology ...
The mapping process is explained using an image within a lawsuit filed by the federal government and 10 states against a software company and seven property management companies. ©NCDOJ.gov
A RealPage spokesperson, Jennifer Bowcock, told CalMatters that a lack of housing supply, not the company's technology, is the real problem—and that its technology benefits residents, property ...
CoStar Group, Inc. is an American provider of information, analytics, and marketing services to the commercial property industry in North America and Europe. Founded in 1987 by Andrew C. Florance and based in Washington, D.C., the company has grown to include the online database CoStar and several online marketplaces, including Apartments.com and Homes.com.
MyNewPlace was founded by John Helm in 2005, and went live in May 2006 with 6 million apartment listings nationwide. [1] The San Francisco-based company operates on a Pay-per-Qualified-Lead pricing model, in which apartment managers pay only when renters contact them through their listings on MyNewPlace.
The Justice Department on Friday filed an antitrust lawsuit against RealPage, a property management software provider, alleging it enabled a collusion among landlords to inflate rents for millions ...
ProPublica in 2022 investigated the use of RealPage's algorithmic pricing scheme by many competing rental companies across the United States to set rental prices, which critics allege has helped to raise rents by limiting competition. [30]