Colorado, Justice Department add Greystar, Cortland and other large landlords to apartment price-fixing suit
Several large landlords allegedly colluded in an effort to keep apartment rents high, including by using an algorithm that influences prices, according to new legal filings by the Colorado attorney general,
Multiple landlords sued by the Department of Justice for allegedly sharing private rental information
Attorneys generals from 10 states also joined the suit, claiming the companies hurt "millions of American renters."
US Justice Department accuses 6 big landlords of colluding to keep rents high
Prosecutors said the landlords used an algorithm to help set rents and privately shared sensitive information with their own competitors to boost profits.
Colorado joins Justice Department in suing landlords
The complaint alleged the six companies set their rents using each other's information by either speaking with competitor's senior managers, calling around, and participating in user groups to discuss how to modify pricing methods.
Department of Justice files lawsuit against 6 of nation's largest landlords for price fixing
Rents are rising, and in some cases, the Justice Department says it may be illegal. On Tuesday, the DOJ filed an antitrust lawsuit against six major landlords. It accuses them of working together to keep rent prices high.
Justice Department adds six landlords to rental price lawsuit
The U.S. Department of Justice and 10 state attorneys general have ramped up their antitrust lawsuit against RealPage, a property management software compa
‘Absolutely egregious’: North Carolina attorney general sues landlords over alleged rent raising collusion
North Carolina’s attorney general says six landlords operating in the state – including two with properties in southeast ...
DOJ says Charleston apartment giant worked with other landlords to keep rents high
Charleston-based Greystar Real Estate Partners is one of six landlords the Department of Justice has sued for collaborating ...
Cushman & Wakefield, Greystar Added to DOJ Rental Collusion Case
The Justice Department is thrusting the largest rental property managers into the spotlight as it expands a price-fixing ...
DOJ Adds 6 Major Landlords to Lawsuit Over Algorithmically Inflating Americans’ Rents
Federal prosecutors sued the real estate software company RealPage in August, now they're suing some of the company's biggest ...
WCBD11h
Charleston-based company among six major landlords sued by DOJ over rent pricing scheme
A Charleston-based property management company is among a group of major landlords being sued by the U.S. Justice Department ...
Nation’s biggest landlords used algorithm to overcharge renters in two Alabama cities, feds claim
Alabama is not a party to the suit, yet some of the companies named in the complaint manage or own properties in Alabama, ...
Daily Journal of Commerce1h
Oregon, Washington join federal lawsuit against landlords
The U.S. Justice Department is suing several large landlords for allegedly coordinating to keep rents high by using both an ...
Big landlords like Greystar, Cushman & Wakefield targeted by NC in lawsuit
The landlords named in the updated lawsuit are: Greystar Real Estate Partners LLC; Blackstone ’s LivCor LLC; Camden Property Trust; Cushman & Wakefield Inc. and Pinnacle Property Management Services ...
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Houston company Camden among landlords sued by DOJ for alleged price fixing
The allegations made against the six companies were filed Tuesday as an amended complaint in the ongoing antitrust lawsuit ...
Goldman Sachs buys 21-story student highrise in Seattle for $126M
Goldman Sachs has picked up a 597-bed student housing highrise in Seattle’s University District for $126.4 million. A Dallas ...