New Jersey AG hits RealPage and 10 landlords with antitrust suit

The legal woes for RealPage keep piling up.The property management software company was hit with yet another antitrust lawsuit this week, this time from New Jersey Attorney General Matt Platkin, who alleges that RealPage conspired with 10 landlords to artificially inflate rent for “tens of thousands of New Jerseyans.”The complaint — which contains heavy redactions — charges RealPage and the landlords with four counts related to consumer fraud and antitrust violations.“The defendants in this case unlawfully lined their pockets at the expense of New Jersey renters who struggled to pay the increasingly unlivable price levels imposed by this cartel,” Platkin said in a statement. “Today we’re holding them accountable for unlawful conduct that fueled the state’s affordable housing crisis and deprived New Jerseyans of their fundamental right to shelter.”A RealPage spokesperson told HousingWire in an emailed statement that the company is “disappointed” in the AG’s actions that “blame RealPage...