RealPage has been hit with a second federal class action lawsuit that accuses the proptech firm and a bevy of student housing operators of conspiring to "artificially inflate" the price of student housing in the US.
Gabriel Navarro, a University of Washington student, filed the lawsuit this month in the US District Court for the Western District of Washington in Seattle.
As in a class action antitrust suit filed in California in October by a group of renters, the Washington lawsuit accuses RealPage and several prominent rental property operators of illegally sharing competitive data on rents through RealPage's YieldStar revenue management platform and of colluding to raise rents.
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