Illinois Attorney General Kwame Raoul also announced today he's joining the suit, which was first filed by the U.S. Department of Justice against the private equity-owned software provider in August.

The Justice Department is thrusting the largest rental property managers into the spotlight as it expands a price-fixing lawsuit alleging widespread collusion in the housing rental market. In an amended lawsuit against RealPage Inc.

In August 2024, the Department of Justice (DOJ) and eight states filed a civil antitrust lawsuit against RealPage Inc., alleging that its software

Six of the country’s most powerful landlords were named in a lawsuit brought forth by the U.S. Justice Department. Blackstone, Cushman & Wakefield, Greystar, Camden, Pinnacle, Willow Bridge, and Cortland were all implicated.

Greystar, Blackstone, Camden Property Trust and Cushman & Wakefield are among the firms added to the suit that alleges RealPage enabled landlords to fix rents.

The amended complaint alleges RealPage coordinated with big landlord companies in an unlawful scheme to decrease competition among landlords and force tenants to pay higher rents for apartment housing.

The DOH had sued property management software company RealPage of letting landlords collude by sharing their pricing information with the company’s software, which then recommends rent

According to an analysis by KUT, these companies own and manage at least 52,715 rental homes in the Austin metro. That accounts for roughly 13% of all multifamily homes.

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 LLC; Willow Bridge Property Co. LLC; and Cortland Management LLC.

(Reuters) -Cushman & Wakefield was among six large landlords sued by the U.S. Department of Justice over alleged anticompetitive practices in housing rental markets, the DOJ said on Tuesday. The compa

Last week, the Department of Justice added six large landlords to an ongoing antitrust lawsuit, alleging that they used software to illegally fix rents by sharing pricing information among competitors.

The Justice Department is thrusting the largest rental property managers into the spotlight as it expands a price-fixing lawsuit alleging widespread collusion in the housing rental market.