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Greystar Settles $50M Rent-Fixing Lawsuit Amid Ongoing Legal Battles

10/4/2025

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Summary

Story summary

Greystar will pay $50 million to settle a lawsuit alleging it conspired with rivals to inflate rents via RealPage.
Preliminary settlements total over $141 million and require Nashville, Tennessee court approval; plaintiffs allege data-sharing to coordinate pricing; RealPage denies wrongdoing, limits sharing.
Separately, Zillow and Redfin face rental-advertising lawsuits; the FTC and states allege costs for renters, per Letitia James.

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Story summary

Greystar will pay $50 million to settle a lawsuit alleging it conspired with rivals to inflate rents via RealPage.
Preliminary settlements total over $141 million and require Nashville, Tennessee court approval; plaintiffs allege data-sharing to coordinate pricing; RealPage denies wrongdoing, limits sharing.
Separately, Zillow and Redfin face rental-advertising lawsuits; the FTC and states allege costs for renters, per Letitia James.