The US Department of Justice (DOJ) has filed a proposed consent decree to settle claims against LivCor LLC, a Blackstone (NYSE: BX) portfolio company, as part of its ongoing enforcement action against alleged algorithmic coordination and other anticompetitive...
The property management software company RealPage Inc. has filed a lawsuit against New York State Attorney General Letitia James that seeks to overturn a new state law that bans property owners and managers from using algorithm rent-setting tools. The Richardson,...
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...
Greystar Management Services LLC has reached a $7 million settlement with nine states that sued the property management company for allegedly inflating housing costs by using rent-setting algorithms from software companies including RealPage. As part of...
The property management software company RealPage Inc. has named Dirk Wakeham as its new president and CEO, effective immediately. Wakeham, who also joins the Richardson, Texas-based company’s board of directors, previously served as managing director for Vista Equity...