Attorney General Phil Weiser announces $7M settlement with corporate landlord LivCor for role in algorithmic rent-setting scheme
Jun 18, 2026 · Reported action
Attorney General Phil Weiser · Settled
FactVote reviewed summary
Announced a multistate LivCor settlement restricting use of competitors’ confidential data in algorithmic rent setting and requiring cooperation in the remaining litigation.
Reported in the official release dated 2026-06-18. The release date may follow a filing or court order. Litigation, guidance and proposed settlements do not themselves enact legislation or establish final liability.
Why this record is included
Gross rent includes contract rent and tenant-paid utilities. Rental protections, assistance, and housing supply concern components of rental-market conditions; they do not set Colorado’s median rent. This relationship does not establish causation. Actions after the fact’s measurement period cannot explain its earlier value.
Retained Colorado evidence context: Median gross rent. This record’s connection to the topic does not establish an effect on the measured result.
The settlement resolves allegations that LivCor used RealPage’s revenue management system to fix rental prices with competing landlords by illegally sharing and gathering confidential pricing information. This conduct interfered with the normal competitive process and enabled landlords to keep prices higher, even in conditions when landlords naturally would lower prices. Under today’s settlement (PDF), LivCor agrees to not use software offered by any company that uses competitively sensitive information to fix rent prices and agrees to cooperate in the ongoing prosecution of RealPage and other defendant landlords. “Coloradans are getting squeezed by the high cost of housing. It’s outrageous that corporate landlords use algorithms to collude, artificially hike rents, and maximize their profits off the backs of workers, seniors, families who are just looking for a place to live. Ending the use of algorithmic rental price fixing is just one of many tools we need to level the playing field. Today’s settlement will end this anticompetitive conduct and bring fairness back to the market for renters,” said Attorney General Weiser. RealPage uses algorithmic models to recommend price increases to subscribers. As alleged the January 2025 antitrust lawsuit, LivCor and other landlords, including five co-defendants, shared competitively sensitive data to generate pricing recommendations using RealPage’s algorithms. LivCor and other landlords discussed competitively sensitive topics — including pricing strategies, rents, and selected parameters for RealPage’s software — directly with each other. RealPage knew what competing landlords were charging and could increase profits for landlords by using that nonpublic information to recommend landlords set or raise their prices uniformly, thereby eliminating competition. This scheme left renters with no choice but to pay artificially high prices. As of February 2025, LivCor managed 10 properties in Colorado totaling 3,352 units that used RealPage’s pricing software. Today’s settlement, subject to court approval, requires LivCor to pay $7 million in penalties and fees to the states.Review official supporting evidence ↗