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RealPage, of Texas, has been sued in Washington DC for a product that, among other things, helps landlords big and small to set rents. It also has been on the other end of more than 20 class ...
RealPage was founded in 1998 with the acquisition of Rent Roll, Inc., [5] a provider of on-premises property management systems for the conventional and affordable multifamily rental housing markets.
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 ...
The action, says the litigation, allows landlords using RealPage products “to set higher prices for rent than competitive market forces would have set,” a release says.
Greystar and Project Destined expanded their partnership to students at South Carolina State University in 2022. [ 16 ] In March 2021, Greystar, along with partners Ivanhoé Cambridge and Bouwinvest, announced a $1.1 billion joint venture to develop and acquire housing for students and young professionals in the greater Paris area [ 17 ] and a ...
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.
ProPublica in 2022 investigated the use of algorithms created by RealPage by rental companies across the United States to set rents, which critics worry has helped to raise rents by limiting competition. [32] The US DOJ escalated its investigation into price-fixing in March of 2024, [33] and filed an anti-trust lawsuit in August of 2024. [34]
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