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Software Real Estate Market Algorithms

Morris, Manning & Martin, LLP

RealPage Saga Continues: Greystar Settles with DOJ

In an interesting turn of events, Greystar, the largest multifamily operator in the U.S., has reached a settlement with the Department of Justice (DOJ) concerning its involvement in the RealPage rent collusion lawsuit. For...more

Mogin Law LLP

Nation’s Largest Property Manager Settles Antitrust Claims Over Algorithmic Pricing Practices

Mogin Law LLP on

Greystar Management Services, one of the nation’s largest property management firms, has agreed to resolve the government’s allegations that its use of RealPage’s algorithmic pricing software violated Section 1 of the Sherman...more

Ballard Spahr LLP

Legal And Legislative Challenges To Landlords’ Use Of Algorithmic Pricing Gain Traction

Ballard Spahr LLP on

Algorithmic pricing software monitors real-time market conditions and recommends real-time adjustments based on data-driven insights. These tools are used across industries, including rental housing, hospitality, ridesharing,...more

Wilson Sonsini Goodrich & Rosati

Man vs. Machine: DOJ Files Complaint Alleging Algorithmic Collusion

On August 23, 2024, the U.S. Department of Justice (DOJ) and eight states filed a complaint in federal court in North Carolina alleging that RealPage, a software analytics company, coordinated rental prices in the real estate...more

Morris, Manning & Martin, LLP

Unveiling The Pitfalls: The Real Risks Of Using RealPage

Over the last decade, apartment owners and managers have increasingly used algorithm-based software to set rents. This practice and its practitioners are now under scrutiny as many owners and operators are being investigated...more

Carlton Fields

Digital Collusion or Warp-Speed Competition? Evaluating the Agreement Element in the Algorithmic Pricing Antitrust Cases

Carlton Fields on

Picture this: At a meeting of local landlords, one participant raps his knuckles on the table and announces his grand idea for increasing the group’s collective profits. Each landlord should “independently” contract with a...more

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