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Greystar and other landlords agree to a $141M deal to settle a rent-setting lawsuit

October 4, 2025 0

Greystar and other landlords agree to a 1M deal to settle a rent-setting lawsuit

ATLANTA (AP) — Real estate giant Greystar and 25 other property management companies have agreed to collectively pay more than $141 million to settle a class action lawsuit accusing landlords of driving up housing costs by using rent-setting algorithms offered by the software company RealPage. Greystar, the nation’s largest landlord, would pay $50 million under the proposed settlement agreement, which …

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