Have you rented an apartment maintained by one of the property management companies listed below since September 2019? Attorneys are fighting an alleged rental price-fixing scheme, and you may have paid artificially inflated rent. Fill out the form to find out your rights »

Case Status
Active
Court
U.S. District Court for the Western District of Washington
Case Number
2:23-cv-01391
Defendant(S)
Alco Management Inc.
Bridge Property Management LLC
Calibrate Property Management LLC
Clear Property Management LLC
Creekwood Property Corporation (Tonti Properties)
Dalton Management Inc.
HNN Associates LLC
Jones Lang Lasalle Incorporated (JLL)
KRE Group Inc.
LeFever Mattson
Legacy Partners Inc.
Manco Abbott Inc.
McWhinney Property Management LLC
Morguard Corporation
Pillar Properties LLC
Summit Management Services Inc.
Towne Properties
Tribridge Residential LLC
Yardi Systems Inc.
File Date

Hagens Berman has filed a nationwide class-action lawsuit accusing 18 property management companies, as well as Yardi Systems Inc., of a rent price-fixing scheme. Renters may have been harmed by the following large residential real estate companies Alco Management Inc., Bridge Property Management LLC, Calibrate Property Management LLC, Clear Property Management LLC, Creekwood Property Corporation (Tonti Properties), Dalton Management Inc., HNN Associates LLC, Jones Lang Lasalle Incorporated (JLL), KRE Group Inc., LeFever Mattson, Manco Abbott Inc., Legacy Partners Inc., McWhinney Property Management LLC, Morguard Corporation, Pillar Properties LLC, Summit Management Services Inc., Towne Properties and Tribridge Residential LLC.

HOW DO I KNOW IF I’M AFFECTED?

Our antitrust attorneys believe these leasing companies colluded to artificially increase the price of rent, pricing leases above competitive levels algorithmically. In this alleged scheme, renters lose, and leases are adjusted to rates beyond what a free market would bear. We believe in upholding tenants’ rights.

The residential real estate companies under investigation maintain properties across the U.S. If your apartment is maintained by one of the following companies, or another large property management company, fill out the form to find out your rights »

  • Alco Management Inc.
  • Bridge Property Management LLC
  • Calibrate Property Management LLC
  • Clear Property Management LLC
  • Creekwood Property Corporation (Tonti Properties)
  • Dalton Management Inc.
  • HNN Associates LLC
  • Jones Lang Lasalle Incorporated (JLL)
  • KRE Group Inc.
  • LeFever Mattson
  • Manco Abbott Inc.
  • Legacy Partners Inc.
  • McWhinney Property Management LLC
  • Morguard Corporation
  • Pillar Properties LLC
  • Summit Management Services Inc.
  • Towne Properties
  • Tribridge Residential LLC

YOUR TENANT RIGHTS

Your rights as a renter include a fair price for your apartment, and we believe these companies have violated federal laws in artificially raising the price of rent across the nation. You may have rights under antitrust laws to compensation for your losses due to this scheme to allegedly artificially raise your rent.

RENTAL PRICE SCHEME EXPLAINED

Our legal team believes these leasing giants work together to increase lease prices for renters. Instead of independently pricing their units in response to normal market forces, they allegedly agreed to use an automated third-party pricing and data collection service — Yardi’s “RENTmaximizer” pricing software — to make unit-specific pricing decisions. Participating lessors thus allegedly coordinate to avoid price competition, forcing leases higher in a scheme designed to enrich lessors at renters’ expense.

HOW CAN A CLASS ACTION HELP?

Through a class-action lawsuit, individual renters can collectively bring claims against large corporations that would otherwise have the upper hand. A class-action lawsuit seeks to level the playing field, bringing strength to collective action to change corrupt practices. Though these measures do not bring immediate relief, they are a time-tested method of holding companies accountable for wrongdoing.

NATIONAL ANTITRUST LAW FIRM

Hagens Berman is home to some of the most well-respected and successful lawyers representing plaintiffs in class actions, and the law firm has achieved more than $320 billion in settlements since its founding in 1993 in Seattle. Our legal team has taken on major institutions for fraudulent billing and predatory behavior, including in the mortgage market, in Big Tech, and against utility companies, product manufacturers and other negligent parties. 

NO COST TO YOU

In no case will any class member ever be asked to pay any out-of-pocket sum. In the event Hagens Berman or any other firm obtains a settlement that provides benefits to class members, the court will decide a reasonable fee to be awarded to the class' legal team.

CASE TIMELINE

Amended Complaint Filed
Complaint Filed

Hagens Berman purchases advertisements on search engines, social media sites and other websites. Transmission of the information contained or available through this website is not intended to create, and receipt does not constitute, an attorney-client relationship. If you seek legal advice or representation by Hagens Berman, you must first enter a formal agreement. All information contained in any transmission is confidential and Hagens Berman agrees to protect information against unauthorized use, publication or disclosure. This site is regulated by the Washington Rules of Professional Conduct.