The Federal Trade Commission has sued Greystar, a global real estate company with rental properties in Atlanta and Georgia, claiming it advertises base rents to consumers without disclosing hidden ...
THESE LANDLORDS ARE ACCUSED OF WORKING TOGETHER TO KEEP RENTAL PRICES ... YES WE DID. THE GREYSTAR RELEASED A STATEMENT WRITING, WE ARE DISAPPOINTED THAT THE DOJ ADDED US AND OTHER OPERATORS ...
“We are disappointed that the DOJ ... did Greystar engage in any anti-competitive practices.” The case comes amid rising housing costs in the Triangle area. Raleigh and Durham rental costs ...
“Of course, if you frame it as some sort of rigging and collusion ... with the DOJ to cooperate with the investigation in exchange for having all of its claims resolved. Greystar and Cushman ...
The lawsuit alleges six of the country's biggest rental businesses, including Charleston-headquartered Greystar ... family and student housing. The DOJ, along with attorneys general from eight ...
Also named in the complaint is Greystar Real Estate Partners ... said "no non-public information is used to set rental rates at Barrett Lo properties." "Willow Bridge made us aware of the concerns ...
Greystar said in a statement posted to its website it denies wrongdoing and will vigorously defend itself. “We are disappointed that the DOJ added us and other operators to their lawsuit against ...
The lawsuit against software company RealPage and landlords Greystar Real Estate Partners ... LLC and Cortland Management LLC alleges the rental companies took part in an “algorithmic pricing ...
The US Department of Justice (DOJ) announced a lawsuit Tuesday against six corporate ... According to the complaint, information that is shared in the software includes rental prices from executed ...
RealPage runs an algorithm that recommends rental prices to landlords. The DOJ says landlords use that algorithm and privately share sensitive information with competitors to boost profits. “That type ...
Local leaders are reacting to an antitrust lawsuit brought by the Department of Justice against six of the country's biggest landlords.