The Federal Trade Commission has sued Greystar, a global real estate company with rental properties in Atlanta and Georgia, claiming it advertises base rents to consumers without disclosing hidden ...
THESE LANDLORDS ARE ACCUSED OF WORKING TOGETHER TO KEEP RENTAL PRICES ... YES WE DID. THE GREYSTAR RELEASED A STATEMENT WRITING, WE ARE DISAPPOINTED THAT THE DOJ ADDED US AND OTHER OPERATORS ...
The 161-page complaint alleges that the landlords used nonpublic information and RealPage’s products to charge higher rents ...
Six landlords were added to the antitrust suit against RealPage, with the Department of Justice labeling common real estate ...
Greystar Real Estate in Charleston is one of 6 apartment managers that allegedly shared pricing data with competitors to keep rents high in South Carolina.
Also named in the complaint is Greystar Real Estate Partners ... said "no non-public information is used to set rental rates at Barrett Lo properties." "Willow Bridge made us aware of the concerns ...
Greystar said in a statement posted to its website it denies wrongdoing and will vigorously defend itself. “We are disappointed that the DOJ added us and other operators to their lawsuit against ...
The lawsuit against software company RealPage and landlords Greystar Real Estate Partners ... LLC and Cortland Management LLC alleges the rental companies took part in an “algorithmic pricing ...
The US Department of Justice (DOJ) announced a lawsuit Tuesday against six corporate ... According to the complaint, information that is shared in the software includes rental prices from executed ...
RealPage runs an algorithm that recommends rental prices to landlords. The DOJ says landlords use that algorithm and privately share sensitive information with competitors to boost profits. “That type ...
“That type of collusion sounds pretty terrible ... In a statement, Greystar said the following: We are disappointed that the DOJ added us and other operators to their lawsuit against RealPage.