law

26 Property Management Companies to Pay $141 Million to Settle Lawsuit By John Triplett

According to reports, Greystar and 25 other property management companies have agreed to pay $141 million to settle a class-action lawsuit involving rent-setting algorithmic software coordination and other anticompetitive practices in rental markets across the country. The U.S. Department of Justice reached an agreement in August to settle with Greystar.   Greystar, the nation’s largest…