AG Brown named four more landlords in Maryland’s suit against RealPage and residential landlords that used its revenue management software to coordinate prices and raise rents on thousands of Marylanders. The four new defendants are Camden Development Inc., Harbor Group Management Company LLC, Equity Residential Management LLC, and Trinity Property Consultants LLC. The defendant landlords are alleged to have unlawfully colluded to raise rents by agreeing to exchange competitively sensitive information and collectively setting rents based on RealPage’s technology that inflated prices, costing renters millions of dollars. 

“These landlords used RealPage’s rent-setting algorithm to drive up housing costs for thousands of Marylanders. Our Office will not stop until we get complete relief for Marylanders, hold these Defendants accountable, and secure guardrails for this technology to protect renters from these costly and unlawful schemes.” – AG Brown