Oregon Rent-Fixing Case Brings $7 Million Settlement Over Claims Landlords Used Software to Push Rents Higher

Yesterday, Oregon Attorney General Dan Rayfield announced a $7 million settlement with LivCor, LLC, one of the property management companies named as defendants in ongoing antitrust litigation against the software company RealPage.

 

Oregon Settles With LivCor Over Rent Fixing Scheme

To recommend price increases to subscribers, RealPage uses algorithmic models. In a lawsuit filed by nine states, including Oregon, in January 2025, the coalition alleged that LivCor and other landlords, including five co-defendants, shared competitively sensitive data to generate pricing recommendations using these algorithms.

Tidings Insight
The issue is not rent software alone. The lawsuit targets claims that rival landlords fed private pricing data into the same system to move rents together.

The court documents indicate that LivCor and other landlords discussed competitively sensitive topics- including pricing strategies and rents- directly with each other.

These landlords also understood that their nonpublic data would be used to recommend prices not just for their own units but also for competitors who use the programs, and agreed to provide this information because they believed they would benefit from their rivals’ information.

In effect, by sharing information on RealPage, they knew what competing landlords were charging and could increase rental profits by using that information to eliminate competition and leave renters no choice but to pay artificially high prices.

Tidings Data Snapshot
Oregon Rent Pressure Snapshot
Affordable homes gap 128,000 homes
Very low income households 242,000 households
Affordable and available units 113,000 units
Typical 1 bedroom rent $1,254 in 2023
Income needed to avoid rent burden $50,166

Source: Oregon Housing and Community Services 2024 State of the State’s Housing Report
Dailytidings.com

In the settlement reached yesterday, subject to court approval, LivCor will have to pay $7 million to the 9 states.

In Oregon, LivCor managed approximately 1,649 multifamily rental properties that used RealPage’s pricing software. LivCor also agrees not to use software offered by any company that uses competitively sensitive information to align rent prices and agrees to cooperate in the ongoing prosecution of RealPage and other defendant landlords. LivCor must also:

  • Cease use of any revenue management software that uses competitors’ nonpublic pricing data to generate rent recommendations.
  • Refrain from sharing competitively sensitive pricing information with rival landlords or property managers.
  • Establish an antitrust compliance and training program.
  • Accept a court-appointed monitor if it uses a third-party pricing algorithm that is not certified.
  • Cooperate fully with the states’ ongoing litigation against RealPage and the remaining defendants.

 

This is the second settlement reached by the states in this litigation. In November 2025, a $7 million settlement was reached with Greystar, another defendant. Litigation against RealPage and the remaining property management defendants, Camden, Pinnacle, and Willow Bridge, is ongoing.

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