Some apartment tenants in California and Washington state are alleging that a rental property management software company and some of the nation's largest apartment owners and managers violated antitrust laws by working together to artificially inflate rents.
Lawsuit Alleges Software Firm and Large Apartment Managers Worked Together to Inflate Rents
Tenants Claim an Algorithm Used to Set Prices Represents Anticompetitive Behavior
CoStar News
October 26, 2022 | 11:55 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Companies
- Greystar Real Estate Partners
Real Estate
- Equity Residential
Real Estate
- Mid-America Apartment Communities, Inc.
Real Estate
- Essex Property Trust, Inc.
Real Estate