June 15, 2026
The District of Columbia Attorney General has secured settlements totaling $1. 4 million from two landlords, Avenue5 Residential and Bell Partners, who allegedly used RealPage's property management software to artificially inflate rental prices throughout Washington, D.C. The companies participated in a scheme where landlords shared confidential business information through RealPage's platform, which then generated rent recommendations designed to maximize revenue rather than compete independently. Both companies must permanently stop using revenue management software that relies on competitors' confidential data and pay $700,000 each toward penalties, tenant compensation, and legal expenses.
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Read full article from source: The Washington Informer