Attorney General Brian L. Schwalb today announced that William C. Smith & Co., Inc. (W.C. Smith) will pay over $1 million and reform its business practices to resolve allegations that it conspired with other District landlords, using pricing software from RealPage, Inc., to inflate rents at over 50,000 apartment units across the District. W.C. Smith owns over 9,000 of these units. The settlement is the first to result from OAG’s lawsuit, filed in November 2023.
