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Greystar Settles $7M Rent Inflation Lawsuit in California

11/26/2025

Summary

Story summary

Greystar has agreed to a $7 million settlement over allegations it inflated rents in California.
The lawsuit by California Attorney General Rob Bonta alleges Greystar coordinated with other landlords via RealPage's software, which recommended price increases.
As part of the deal, Greystar will stop using RealPage software and cooperate in prosecutions, while the U.S. Department of Justice proposed a separate RealPage settlement to bar using sensitive data for pricing.

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Story summary

Greystar has agreed to a $7 million settlement over allegations it inflated rents in California.
The lawsuit by California Attorney General Rob Bonta alleges Greystar coordinated with other landlords via RealPage's software, which recommended price increases.
As part of the deal, Greystar will stop using RealPage software and cooperate in prosecutions, while the U.S. Department of Justice proposed a separate RealPage settlement to bar using sensitive data for pricing.