MAA Settles RealPage Suit for $53M

MAA settles RealPage suit for $53M

The multifamily landlord and dozens of peer firms were accused of antitrust behavior related to use of the rent-setting software.

$53M RealPage Rent Fixing Settlement Reached With Mid-America Apartments

Settlement resolves claims that Mid-America Apartments used shared pricing software to artificially raise rents. Mid-America Apartment Communities Inc. has agreed to pay $53 million to resolve claims tied to a sweeping antitrust lawsuit accusing major landlords of conspiring to inflate apartment rents through the use of RealPage revenue management software. T…

Landlord With Nearly 100,000 Units Will Pay $53M To Settle RealPage Suit

Mid-America Apartment Communities struck a $53M deal to settle its part of a sprawling class-action lawsuit accusing the publicly traded landlord of working with dozens of other landlords to coordinate rents.

Mid-America $53M Settlement Lands in Sweeping Rent-Fixing MDL

Mid-America Apartment Communities Inc. disclosed Wednesday that it has agreed to pay $53 million to resolve claims in sprawling multidistrict antitrust litigation accusing major landlords of conspiring to fix apartment rents through RealPage Inc.’s pricing software. The disclosure came in an 8-K filing with the U.S. Securities and Exchange Commission, outlining a deal that would mid-america $53m settlement resolves rent-fixing claims tied to Real