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 Antitrust Division finally sued RealPage for orchestrating a conspiracy among corporate landlords and illegally hiking rents for millions in cities across the country.| www.thebignewsletter.com
After a ProPublica investigation, U.S. senators introduced a bill to curb “price fixing” linked to rent-setting software. “Setting prices with an algorithm is no different from doing it over cigars and whiskey in a private club,” said one sponsor.| ProPublica
A ProPublica investigation last year about RealPage’s rent-setting software led to federal lawsuits asserting inflated apartment prices.| ProPublica