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Lawsuit filed against alleged multifamily pricing “cartel”

Reading Time: 3 minutes US: A group of 18 property management companies, together with property management software company Yardi Systems Inc., have been named in an antitrust class-action lawsuit, accusing the alleged cartel of orchestrating a nationwide scheme to fix the cost of multifamily apartment rent.

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Covey Homes

Covey Homes owner boosts SFR war chest

Reading Time: 2 minutes US: Stockbridge MORE Communities, the owner of single-family communities operating under the Covey Homes brand, has announced a $380 million boost to its existing acquisition warehouse facility.

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