THESE LANDLORDS ARE ACCUSED OF WORKING TOGETHER TO KEEP RENTAL PRICES ... YES WE DID. THE GREYSTAR RELEASED A STATEMENT WRITING, WE ARE DISAPPOINTED THAT THE DOJ ADDED US AND OTHER OPERATORS ...
The 161-page complaint alleges that the landlords used nonpublic information and RealPage’s products to charge higher rents ...
Six landlords were added to the antitrust suit against RealPage, with the Department of Justice labeling common real estate ...
Greystar Real Estate in Charleston is one of 6 apartment managers that allegedly shared pricing data with competitors to keep ...
Also named in the complaint is Greystar Real Estate Partners ... said "no non-public information is used to set rental rates at Barrett Lo properties." "Willow Bridge made us aware of the concerns ...
Greystar said in a statement posted to its website it denies wrongdoing and will vigorously defend itself. “We are disappointed that the DOJ added us and other operators to their lawsuit against ...
The lawsuit against software company RealPage and landlords Greystar Real Estate Partners ... LLC and Cortland Management LLC alleges the rental companies took part in an “algorithmic pricing ...
The US Department of Justice (DOJ) announced a lawsuit Tuesday against six corporate ... According to the complaint, information that is shared in the software includes rental prices from executed ...
RealPage runs an algorithm that recommends rental prices to landlords. The DOJ says landlords use that algorithm and privately share sensitive information with competitors to boost profits. “That type ...
High rent prices in D.C. have long frustrated residents in the District. “When I was looking at prices, I said, ‘Can you write down the prices of the units we saw?’ And they said no because the prices ...
This week, the Department of Justice (DOJ) added six landlords to an existing anti-trust lawsuit against RealPage filed back in August, accusing them of colluding to keep rent prices high. RealPage ...