From The Real Deal · TRD Staff · · 30s
Landlords close RealPage antitrust case
Landlords settle $360m RealPage antitrust lawsuits after DOJ approval.
In brief
Landlords settle $360m RealPage antitrust lawsuits after DOJ approval. Landlords agreed to stop using RealPage's rent-setting software and pay $360m in settlements without admitting fault. Originally reported by The Real Deal.
RealPage antitrust lawsuits
Landlords associated with RealPage closed federal antitrust lawsuits over algorithmic rent-setting.
Settlements total $360m
Dozens of landlords agreed to pay $360 million in settlements without admitting liability.
DOJ approval
The Department of Justice approved settlements after RealPage committed to platform changes and independent oversight.
The short version
Landlords agreed to stop using RealPage's rent-setting software and pay $360m in settlements without admitting fault.
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