A federal judge dismissed a woman’s civil lawsuit claiming by three brothers of a prominent real estate industry family, stating she did not meet a filing deadline. The New York Times reports Judge Lewis A. Kaplan of Federal District Court in Manhattan ruled the claim...
The City of Cleveland has filed a lawsuit to stop its NFL team from moving out when the lease on its lakefront stadium expires in 2028. The Associated Press reports Jimmy and Dee Haslam, the owners of the Cleveland Browns, plan to build a $2.4 billion stadium and...
The Federal Trade Commission (FTC) reportedly preparing to sue Greystar Real Estate Partners, the country’s largest apartment landlord, claiming the firm charged tenants hidden fees. Greystar manages more than 108,000 units. The Wall Street Journal, sourcing its...
Cushman & Wakefield (NYSE: CWK) is pushing back on charges by the US Department of Justice (DOJ) that it has engaged with other companies in conspiring to jack up rents through the use of the RealPage software, arguing it is not a landlord and is not in the...
The US Department of Justice (DOJ) and 10 state attorneys general filed an amended complaint in its antitrust lawsuit against the software company RealPage to sue six of the nation’s largest landlords for allegedly using algorithmic pricing schemes to inflate the...