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The DOJ alleges RealPage colluded with landlords to inflate rental housing prices, harming millions of Americans. U.S. Justice Department sues RealPage, alleging it enabled price-fixing on rents ...
The Department of Justice sues real estate tech company RealPage, alleging its software enables landlords to hike rents higher than they otherwise could. U.S. sues RealPage, alleging its software ...
In a statement posted on its website in June, RealPage called claims against the company “false and misleading,” and argued its software actually "contributes to a healthier and more efficient rental housing ecosystem.” RealPage said landlords decide their own rent prices and are free to reject the recommendations provided by its software.
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 ...
In Tarzana, a landlord is asking $17,500 a month to rent a 3,000-square-foot home with a pool and a view of the Santa Monica Mountains, a 9.4% increase from the price at which it was offered in ...
In 2022, a tenant at a Greystar property in Charlotte, North Carolina filed a lawsuit against the company, alleging that Greystar failed to perform necessary building maintenance. [6] In October 2022, Greystar was a co-defendant in a lawsuit filed against the property management software company RealPage. The suit alleged that RealPage colluded ...
Employees headquartered in Sacramento and in district offices in Oakland, Fresno, Los Angeles, and San Diego carry out the DRE's responsibilities as mandated by the Real Estate Law. [1] There are 437,806 real estate licensees in California as of December 2022. [2]
According to members of Congress, RealPage helped manage over 19 million of the 48.5 million total rental units in the US as of last year — just under 40% of all rental units in the country.