RealPage Price-Fixing for Rentals Antitrust Complaint

December 9, 2022

This class action involves the fixing or raising of rental prices, via violations of antitrust laws, through the use of a platform called AI Revenue Management (formerly known as YieldStar). The complaint alleges that RealPage, the developer of the platform, has conspired with a long list of managers of large-scale residential apartment buildings, such as Greystar Real Estate Partners, LLC, Lincoln Property Co., and FPI Management, Inc. “to coordinate and agree upon rental housing pricing, among other things, throughout” the country.