Apr 23, 2025 | AI Revenue Management (“AIRM”) | Aion Management LLC; Cammeby’s Management Co. of New Jersey L.P. | algorithmic pricing software | alleged collusion | Antitrust | Bozzuto Management Company (“Bozzuto”) | Complaint | corporate greed | Division of Consumer Affairs | federal Sherman Act | housing market | Inc.; Kamson Corp.; LeFrak Estates | L.P. (“LeFrak”) and its subsidiary | Lawsuit | Lease Rent Options (“LRO”) | Morgan Properties Management Company LLC; AvalonBay Communities | multifamily housing properties | multiple violations | New Jersey Antitrust Act | New Jersey Consumer Fraud Act (“CFA”) | overpayment of rent | pricing softwre | RealPage Inc. | RealPage’s Revenue Management (“RM”) Software | Realty Operations Group LLC; Greystar Management Services LLC (“Greystar”) | Russo Property Management LLC | state and federal antitrust and consumer protection laws | statewide rent raising scheme | unlawful rent-setting scheme | Veris Residential Inc.(“Veris”) | YieldStar | Consumer Protection | Division of Consumer Affairs | Division of Law | Press Release | Protecting New Jersey Consumers
Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced a lawsuit against property management software company RealPage, Inc.