Essex Property Trust Settles RealPage Rent-Algorithm Antitrust Case for $36.5MM

Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage's rent-setting software, absorbing a multimillion-dollar charge that briefly obscured otherwise strengthening operations across its West Coast apartment portfolio. Essex Property Trust has drawn a line under one of the multifamily industry's most contentious […]