Greystar, the nation’s largest multifamily rental property manager, has reached a $23 million settlement with the Federal Trade Commission (FTC) and a $1 million settlement with the State of Colorado to resolve charges that it misled consumers about monthly rent costs...
The Federal Housing Finance Agency (FHFA) announced the 2026 multifamily loan purchase caps for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) will be $88 billion for each entity, for a combined total of $176 billion to support the multifamily market. In an...
The property management software company RealPage Inc. has agreed to a proposed settlement with the US Department of Justice (DOJ) that will resolve charges that the company’s revenue management product was improperly used by multifamily property owners to collude in...
The Federal Trade Commission has filed a lawsuit against Zillow (NASDAQ: Z, ZG) and the Rocket Companies (NYSE: RKT) for what the agency described as “an unlawful agreement that eliminates Redfin as a competitor in the market for placing advertising of rental housing...
A five-unit multifamily property in Norwalk, Connecticut, that was constructed in 1900 has been sold for $1.7 million, or $342,000 per unit. The three-story property at 2 Park Street encompasses four oversized one-bedroom units and one oversized loft studio totaling...