Arizona AG Kris Mayes filed a lawsuit against RealPage and nine landlords, accusing them of conspiring to raise rents in Phoenix and Tucson since 2016 using RealPage's revenue management program.
Arizona AG Kris Mayes filed a lawsuit against RealPage, a software company, and nine landlords, accusing them of conspiring to raise rents since 2016 in Phoenix and Tucson. RealPage's revenue management program allegedly enabled landlords to collude on pricing using leasing data, leading to a 30% rise in rents in the last two years. The state seeks to halt the alleged practices, gain restitution, and impose civil penalties.
February 28, 2024
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