RealPage Federal Antitrust Class Action

Overview

Robins Kaplan LLP serves as co-lead counsel in In re RealPage Inc. Rental Software Antitrust Litigation (No. II), a federal antitrust class action brought on behalf of renters nationwide against RealPage, Inc. and certain property management companies that used RealPage’s rental pricing software. The lawsuits allege that RealPage’s algorithm-based rent-setting platform reduced competition and led to higher rental prices for tenants across the United States.

Pending settlements

On November 21, 2025, the Court overseeing the case granted preliminary approval of 26 settlements involving 27 Defendants. The settlements provide a total of $141,800,000.00 in monetary relief for renters, together with cooperation and injunctive relief designed to address the alleged coordinated-pricing practices.

For settlement purposes, the Court preliminarily approved the following class:

All persons and entities in the United States and its territories who paid rent on at least one multifamily residential real estate lease to any owner or property manager that participated in RealPage’s Revenue Management Solutions, including its pricing or lease-renewal software, or to any related division, subsidiary, predecessor, agent, or affiliate, during the applicable class period.

Although the Class Period differs by defendant, the broadest period covered by these settlements runs from October 18, 2018 through November 21, 2025.

The claims process has not yet opened. Plaintiffs will submit proposed notice and distribution plans to the Court. Eligible renters will be able to submit claims once those plans are approved.

To receive updates, visit realpagerentalsettlement.com and complete the Register for Updates form.

Who are the Defendants?

The Defendants include RealPage, Inc. and major property management and ownership companies, including:

Allied Orion Group, LLC
Apartment Income REIT Corp., d/b/a AIR Communities
Apartment Management Consultants, LLC
Avenue5 Residential, LLC
Bell Partners, Inc.
BH Management Services, LLC
Bozzuto Management Company
Brookfield Properties Multifamily LLC
Camden Property Trust
CH Real Estate Services, LLC
CONAM Management Corporation
CONTI Texas Organization, Inc., d/b/a CONTI Capital
Cortland Management, LLC
Cortland Partners, LLC
Crow Holdings, LP
CWS Apartment Homes LLC
Dayrise Residential, LLC
ECI Group, Inc.
Equity Residential
Essex Property Trust, Inc.
First Communities Management, Inc.
FPI Management, Inc.
Greystar Management Services, LLC
Highmark Residential, LLC
Independence Realty Trust, Inc.
Kairoi Management, LLC
Knightvest Residential
Lantower Luxury Living, LLC
Lincoln Property Co.
Mid-America Communities, Inc.
Mid-America Apartments, L.P.
Mission Rock Residential, LLC
Morgan Properties Management Co., LLC
Pinnacle Property Management Services, LLC
Prometheus Real Estate Group, Inc.
Related Management Company L.P.
Rose Associates, Inc.
RPM Living, LLC
Sares Regis Group Commercial, Inc.
Security Properties Residential, LLC
Sherman Associates, Inc.
Simpson Property Group, LLC
The Related Companies, L.P.
Thrive Communities Management, LLC
Trammell Crow Residential Company
UDR, Inc.
Windsor Property Management Company
WinnCompanies LLC
Winn Residential Manager Corp.
ZRS Management, LLC

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