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1405 - “Housing Cartel” Investigated by the DOJ Puts Landlords on Alert by Jeff Vasishta
Episode 1404

1405 - “Housing Cartel” Investigated by the DOJ Puts Landlords on Alert by Jeff Vasishta

A housing cartel? No, not in a lawless narco-state, but in major American cities, where corporate landlords have been accused of conspiring with Texas-based real estate software company RealPage to drive up rents.

BiggerPockets Daily

August 19, 202412m 13s

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Show Notes

A housing cartel? No, not in a lawless narco-state, but in major American cities, where corporate landlords have been accused of conspiring with Texas-based real estate software company RealPage to drive up rents

Most recently, Atlanta-based Cortland Management, one of America’s largest landlords, was served a warrant by the FBI concerning an ongoing antitrust investigation into multifamily housing price-fixing by the Department of Justice (DOJ). According to Cortland Management’s website, the company is worth $218 billion and manages 85,000 units in 13 states.

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