Ten states want a federal court to dismiss RealPage’s argument that its settlement with the federal government over rent price-fixing resolves the states’ similar antitrust allegations against the software firm and landlords who used its pricing product.
RealPage said that its settlement with the Department of Justice at the end of 2025 rendered moot the states’ same Sherman Act claims, court documents filed in the U.S. District Court for the Middle District of North Carolina show.
Fellow defendants Camden Property Management and Pinnacle Property Management, which is owned by Cushman & Wakefield, followed up with their own filings. They argued that RealPage’s settlement also resolved the states’ algorithmic rent price-fixing claims against them, because the software provider already agreed to stop collecting and using confidential information in the way that plaintiffs objected to.
The coalition of 10 state attorneys general who sued alongside the federal government disagreed with those arguments in a response filed on Sept. 15. The states involved are California, Colorado, Connecticut, Illinois, Massachusetts, Minnesota, North Carolina, Oregon, Tennessee and Washington.
Those state attorneys general said in the filing that they want their lawsuits against RealPage, Camden and Pinnacle to continue, and they “reserve the right to respond substantively to any new motion to dismiss if defendants properly bring it.”
None of the claims against RealPage, Camden or Pinnacle “have been rendered moot by the agreed-upon Final Judgment entered as a compromise between the United States and RealPage, to which the States are not parties,” the states said in the filing, “nor have any judgments or settlements in any other case rendered any of Plaintiff States’ claims moot.”
Since the states have not settled with RealPage, Camden or Pinnacle, they “remain free to seek the full extent of any and all relief to which they are entitled,” the state AGs said.
The lawsuit, filed in 2024, claims that software provider RealPage enabled landlords to collude to raise rent prices beyond free-market levels. In January 2025, the plaintiffs amended their complaint to also sue six landlords for allegedly “participating in algorithmic pricing schemes that harmed renters.”
After RealPage settled with the federal government in November 2025, Cortland Management, Greystar, LivCor and Willow Bridge, once known as Lincoln Residential, followed with their own settlement agreements.
Pinnacle reached a settlement agreement with the federal government earlier this month but not with any states, while Camden Property Trust is also named but has not settled.
Not the first RealPage settlement dispute
States have previously expressed concern about apartment firms’ settlements with the federal government impacting their own algorithmic pricing litigation.
In November 2025, four attorneys general asked a federal judge to reject nearly $142 million in settlements between renters and major property managers in a separate algorithmic pricing case, arguing that the deals could undermine their ongoing cases.
That class action case, filed in 2023 in the U.S. District Court, Middle District of Tennessee - Nashville Division, similarly charged major landlords with price-fixing due to their use of RealPage’s algorithmic rent-setting software.
However, the settlements have continued. The 26 settlements in October 2025 totalling about $141.8 million went forward, and this May, 11 more apartment owners and managers agreed to pay a total of $218 million to resolve the claims against them.
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