Greystar has struck a deal to slip out of the group of landlords accused in a massive rent collusion case. The South Carolina-based operator agreed to pay $7 million as part of a settlement with nine states, Bisnow reported. The landlord is also accepting limits on the data it uses to price its massive portfolio to resolve claims from the nine attorneys general. The settlement would remove the company from the states’ antitrust suit targeting RealPage’s revenue-management software and the landlord consortium accused of using it to coordinate pricing. The deal still needs court approval and includes no admission of […]
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