A ProPublica investigation last year about RealPage’s rent-setting software led to federal lawsuits asserting inflated apartment prices.
After a ProPublica investigation, RealPage answered questions from lawmakers about its product. In response, the senators sent a letter to the Justice Department.
Department of Justice Opens Investigation Into Real Estate Tech Company Accused of Collusion with Landlords
The DOJ will examine whether RealPage helped landlords coordinate rent increases. Questions also swirl around a 2017 merger deal with its largest competitor.
More Senate Democrats Seek Investigation of Tech Firm Accused of Colluding With Landlords to Hike Apartment Rents
Sen. Amy Klobuchar and other leading Democrats have asked the Department of Justice to examine Texas-based RealPage, which sells software to help landlords set apartment rental prices across the country.
Pressure Grows on Real Estate Tech Company Accused of Colluding With Landlords to Jack Up Apartment Rents
RealPage has come under increasing fire from lawmakers and lawyers after ProPublica reported on its software’s potentially anti-competitive effects. Student housing is implicated.
The chair of a Senate committee wants the Federal Trade Commission to examine software sold by Texas-based RealPage after a ProPublica investigation revealed possible collusion.