DOJ to settle rent-fixing lawsuit against Cushman & Wakefield-owned landlord
The Justice Department plans to settle a lawsuit accusing a Cushman & Wakefield-owned property management company of participating in a rent-fixing scheme with other landlords using an algorithm from RealPage.
By Elias SchisgallThe Justice Department will settle a lawsuit that accused a Cushman & Wakefield-owned property management company of participating in a scheme to fix rents with other landlords using an algorithm by apartment-pricing company RealPage.The settlement would bar the company, Pinnacle…