Real estate software company RealPage has agreed to stop sharing nonpublic information between landlords as part of a settlement with the Department of JusticeFILE - The logo for the Justice Department is seen before a news conference at the Department of Justice on Aug. 23, 2024, in Washington. (AP Photo/Mark Schiefelbein, File)Landlords could no longer rely on rent-pricing software to quietly track each other’s moves and push rents higher using confidential data, under a settlement between RealPage Inc. a ...

This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Dive Brief: RealPage has reached a settlement with the State of Nevada regarding its rent-setting software, which had used nonpublic data provided by clients to calculate price recommendations, allegedly driving rents artificially high.  Nevada Attorney General Aaron Ford contended that the nonpublic information RealPage gathered resulted in rent recommenda ...