Camden Property Trust latest to settle RealPage rent-fixing case
Houston-based Camden Property Trust is the latest domino to fall in the broader RealPage rent-fixing legal war. The landlord agreed last week to pay $53 million to resolve the claims it faces as part of a civil case involving the use of RealPage software, Bisnow reported. The settlement was disclosed in a Securities and Exchange Commission filing. Camden will pay the fine across two installments, the first of which will be due within 45 days of the settlement’s approval. Camden is seeking preliminary approval of the deal by mid-May. In addition to paying a fine — the same amount that […]
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