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A RealPage executive told a landlord that using competitor data could help identify where a landlord “may have a $50 increase instead of a $10 increase for the day,” according to the lawsuit.
RealPage, Inc. is an American property management software company, owned by the private equity firm Thoma Bravo, and known for its algorithmic rent setting, which is allegedly price fixing. Its services are used to manage more than 24 million housing units worldwide in multifamily, commercial, single-family, and vacation rentals.
Founded in 1998 by Steve Winn, RealPage Inc. is a multinational company that offers a variety of technology-based services to real estate owners and property managers, including revenue management ...
RealPage acknowledged that its product was designed to maximize profits for landlords, according to the suit, by describing it as "driving every possible opportunity to increase price."
Website. greystar.com. Roosevelt Point Apartments in Phoenix, Arizona, are operated by Greystar. Greystar Real Estate Partners is an international real estate developer and manager based in the United States. As of 2023, Greystar had over $76 billion in gross assets under management, [1] and operated in 17 countries.
Website. www.buildium.com. Buildium is an American property management software company. It was founded in 2004 and headquartered in Boston, Massachusetts, providing cloud -based (software as a service), real estate software. Its property management software allows real estate professionals to manage property portfolios, including leasing ...
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