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RealPage's faces bans, backlash and pressure over inflated rents

When the U.S. Department of Justice sued RealPage and six of the largest rental property landlords in the nation over alleged price fixing - illegal price gouging - it came to light that Austin was ...

Santa Ana moves forward on banning landlords from using rent-setting algorithms

Santa Ana landlords soon won't be able to use AI-powered software platforms to collude on setting rental rates as the City ...
New York Post

DOJ accuses tech firm RealPage of enabling landlords to collude on rents

The Justice Department has sued real estate tech firm RealPage for allegedly allowing landlords to use its software to illegally collude to raise rents for tenants nationwide. The bombshell lawsuit — ...
Bisnow

How AvalonBay Dodged The RealPage Antitrust Lawsuit

While rental software company RealPage and dozens of multifamily operators and REITs remain on the hot seat for now in a class-action antitrust suit alleging rent fixing, AvalonBay Communities appears ...
Yahoo Finance

RealPage Appoints Dirk Wakeham as Chief Executive Officer

Dirk Wakeham brings decades of leadership, SaaS and multifamily experience to lead RealPage’s next chapter of growth Dirk Wakeham brings decades of leadership, SaaS and multifamily experience to lead ...
WFAA8

More states join lawsuit against North Texas-based RealPage, accused of artificially inflating housing costs

RICHARDSON, Texas — More states have joined a class-action lawsuit against a Richardson-based software company accused of using AI to artificially inflate housing costs across the country. Washington ...
Bisnow

RealPage Strikes Its First Deal With A State Over Its Rent Pricing Algorithm

RealPage has reached a first-of-its-kind settlement with the state of Nevada over allegations that the company’s software helps landlords collude to set rents. The consent decree, which still needs ...
The Washington Post

Landlords are accused of colluding to raise rents. See where.

Millions of rents across the United States may now be set using one company’s algorithmic software, according to a federal lawsuit and a Washington Post analysis. RealPage, a property management ...
The Verge

Senators probe whether RealPage pushed state AI law ban

The Senators want to know how the 10-year ban on state-level AI regulation would help the rent-setting software company’s bottom line. The Senators want to know how the 10-year ban on state-level AI ...

Two landlords settle in NC RealPage rent-fixing case, impacting the Charlotte-area: AG Jeff Jackson

In an update shared on social media on2, Jeff Jackson said two of the six landlords sued by the state have settled.
CNBC

Thoma Bravo to buy property tech firm RealPage in $10.2 billion deal

RealPage will be bought by Thoma Bravo in an all-cash deal that valued the property management software provider at about $10.2 billion, including debt. Thoma Bravo is paying $88.75 per share for ...