Florida Attorney General James Uthmeier announced a final judgment against MV Realty that requires the company make a $3 million payment by June 30, 2026, and to remove liens from over 9,000 homes statewide. Uthmeier’s office accused MV Realty PBC LLC and its...
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 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 State of New Jersey has reached a $2.8 million settlement with Florida-based MV Realty that resolves claims of deceptive lending in the company’s so-called “Homeowner Benefit Agreements” (HBAs). MV Realty provided “financially distressed” homeowners with an...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
