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...
PNC Bank N.A. announced the closing of Low-Income Housing Tax Credit (LIHTC) Fund 96, which is investing $128 million in the development and rehabilitation of affordable rental housing. According to the bank, the fund includes investments from PNC and four other banks...
The median nationwide asking rent fell 0.7% year-over-year to $1,595 last month, according to data from Redfin (NASDAQ: RDFN). On a month-over-month measurement, rents were down by 1.1%. The median rent is now 6.2% lower than when it hit an all-time high of $1,700 in...
TurboTenant, a provider of rental property management software, has acquired REI Hub, a rental property accounting software. According to the companies, the acquisition will enable independent landlords to access an expanded suite of tools designed to simplify the...
The property management software company RealPage Inc. announced it was notified by the Antitrust Division of the US Department of Justice (DOJ) has dropped its criminal investigation into the company’s pricing practices in the multifamily rental housing industry....
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
