Greystar DOJ Settlement: Largest US Landlord Drops RealPage Rent Algorithm Key Takeaways Greystar Real Estate Partners (property management company) settled with U.S. Department of Justice (federal agency) over RealPage algorithmic pricing (software system) Settlement agreement prohibits Greystar from using competitor data-sharing algorithms for rent pricing decisions DOJ Antitrust Division alleges RealPage software enabled price-fixing conspiracy among major landlords Greystar must cooperate with ongoing DOJ lawsuit against RealPage Inc. Attorney General Pam Bondi and Senator Amy Klobuchar praised antitrust enforcement action No financial penalties imposed on Greystar — company denies wrongdoing Algorithmic price-fixing investigation targets rental housing industry coordination practices Additional landlord settlements exp...
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