RealPage rent-fixing settlements pass $200M (and counting)
More landlords are inking settlements in the RealPage rent-fixing litigation. The settlement agreements of 11 landlords were recently disclosed in filings connected to a class-action case in the U.S. District Court for the Middle District of Tennessee, Bisnow reported. The settlement agreements of those defendants add up to more than $218 million. Several of the settlements referenced in the filings had already been publicly disclosed: Equity Residential agreed to pay $56 million, while Camden Property Trust and Mid-America Communities each agreed to pony up $53 million. Other prominent landlords to reach settlement agreements include Cortland Management ($18 million), Lincoln Property […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

“Freak accident”: Pfizer building developer denies risk of
collapse

Deal Diary: The $80K Deal That Turned Into a 24-Unit
Building

Policy Pro: HPD floats 421a rule change to keep more
projects alive

Meet the developers behind the Pfizer building
conversion

NYCHA plumber’s $465K payday sparks probe into outside
work

Michael Shabsels lists Westhampton home for $75K a
month

Buckling ex-Pfizer HQ hit with multiple DOB violations last
year

Namdar Group grabs additional financing in Jersey
City

Prana Investments’ NYC multifamily portfolio faces 14
foreclosure lawsuits

Vacant rent-stabilized apartment rate climbs despite
persistent housing shortage


