The DOJ will examine whether RealPage helped landlords coordinate rent increases. Questions also swirl around a 2017 merger deal with its largest competitor.| ProPublica
Powerful interests, including a real estate tech company and private equity firms, are contributing to soaring rents.| ProPublica
The lawsuit, which comes in the wake of a ProPublica investigation into the Texas company, accuses RealPage of taking part in an illegal price-fixing scheme to reduce competition among landlords to boost prices — and profits.| ProPublica
Sen. Amy Klobuchar and other leading Democrats have asked the Department of Justice to examine Texas-based RealPage, which sells software to help landlords set apartment rental prices across the country.| ProPublica
RealPage has come under increasing fire from lawmakers and lawyers after ProPublica reported on its software’s potentially anti-competitive effects. Student housing is implicated.| ProPublica
A ProPublica investigation last year about RealPage’s rent-setting software led to federal lawsuits asserting inflated apartment prices.| ProPublica