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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."
Justice Department accuses 6 major landlords of keeping rents high
The lawsuit arrives as U.S. renters continue to struggle. The latest figures show that half of American renters spent more than 30% of their income on rent and utilities in 2022, an all-time high.
NC accuses 6 landlords of ‘illegally working together’ to raise rents in RealPage lawsuit
An amended complaint names six landlords as defendants in ongoing litigation that North Carolina and several other states, along with the federal government, began in August.
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.
16h
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 ...
1d
on MSN
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 ...
12h
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 ...
WCBD
13h
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 ...
7h
on MSN
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, ...
FOX 9 Minneapolis-St. Paul on MSN
4h
DOJ sues 6 major landlords, including some with MN properties
The Justice Department on Tuesday announced a lawsuit against six of the nation’s largest landlords, arguing that they ...
WUNC
12h
NC Attorney General Jeff Jackson sues landlords over rent-fixing allegations
In his first major action as North Carolina Attorney General, Jeff Jackson has sued six large property management companies, ...
20h
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 ...
10h
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 ...
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