RealPage Inc. and major residential landlords are facing federal antitrust litigation in San Diego after a group of renters hit them with a proposed class action Wednesday claiming they’ve conspired to inflate the cost of apartment leases nationwide.
In addition to RealPage, a Thoma Bravo LP affiliate, the lawsuit targets the two top US residential real estate managers, GreyStar Real Estate Partners LLC and Lincoln Property Co., as well as the fifth, FPI Management Inc. The other six landlords named as defendants include four of the country’s 25 largest.
The suit accuses the landlords of illegally sharing price information through ...
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