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Court refuses to dismiss multistate antitrust suit over RealPage rent-pricing software

A court denied RealPage's bid to have the antitrust case thrown out, Connecticut Attorney General William Tong's office said Tuesday. Massachusetts is among the states continuing the lawsuit, which alleges the company's algorithm helped landlords inflate rents.

An antitrust lawsuit accusing software company RealPage of helping landlords drive up rents will go forward after a court denied the company's attempts to have the case thrown out, Connecticut Attorney General William Tong's office said Tuesday.

Connecticut, the U.S. Department of Justice and a coalition of states sued RealPage in 2024. The lawsuit alleges that the company used landlords' competitively sensitive data to build a pricing algorithm that violated antitrust laws and raised rents.

According to the attorney general's office, RealPage sold "revenue management software" to property managers across the country in exchange for nonpublic data, including information on units coming onto the market, the rents managers were charging and the discounts they were offering. The office said RealPage used that information to recommend apartment prices and used several strategies to get property managers to accept its recommendations automatically, artificially inflating rents and leaving renters unable to shop around for cheaper options.

In January 2025, the states and the Justice Department also sued six landlords accused of working together and with RealPage to raise rents: Greystar Real Estate Partners, Blackstone's LivCor, Camden Property Trust, Cushman & Wakefield and Pinnacle Property Management Services, and Willow Bridge Property Company. A bipartisan coalition of attorneys general reached two $7 million settlements with LivCor and Greystar, which agreed to stop using other landlords' nonpublic data to set rents, the office said.

The lawsuit against RealPage asks the court to bar the company and the property managers it works with from sharing nonpublic information and coordinating to inflate rents.

Connecticut is joined in continuing the case by the attorneys general of California, Colorado, Illinois, Massachusetts, Minnesota, North Carolina, Oregon and Tennessee.

The claims in the lawsuit are allegations that have not been proven in court.

This brief was drafted by AI from a public agency or political press release and published by The New England Signal. Why we use AI for stories like this one.

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