That concern is fostering a sea change in the way apartment landlords and managers derive market-rate rents. The DOJ accused ...
Providing accurate and timely market information in a formal manner increases competition. Price discovery is going to happen. It went on long before RealPage came into existence. The Multiple ...
Looking across the commercial real estate industry, it's possible other aspects of the market will be disrupted because of similar concerns and allegations laid out against RealPage. Bregman said ...
According to the Justice Department’s complaint, RealPage has about 80 percent of the U.S. market for commercial ... simply because it happens to be a vendor used by many competitors who don ...
A class-action lawsuit alleges RealPage's software facilitated a rent-fixing scheme in Houston, which the company denies.
All of which speaks to how crucial RealPage’s software is. With housing of any kind, there’s enormous risk involved in bringing the product to market given the substantial capital costs ...
It accuses RealPage Inc. of what it calls an “unlawful scheme to decrease competition among landlords in apartment pricing and to monopolize the market for commercial revenue management software.” ...
The lawsuit alleges RealPage controls at least 80% of that market. During a call with reporters Monday, Weissman took issue with several Justice Department allegations. Weissman alleged that the ...
The Justice Department points to statements by RealPage executives that it says show they realized they were helping to dampen competition in the rental housing market. “There is greater good in ...
The federal lawsuit filed in North Carolina alleges RealPage holds a monopoly in what is called "revenue management software" for landlords because the company controls 80% of the market nationwide.
claims that RealPage’s proprietary software is being used to set prices in the multi-family unit rental market and causing rental prices to go up. The Justice Department is concerned rental ...
The DOJ under the Biden administration has been going after the use of artificial intelligence and algorithms in many ...