Attorney General Rayfield Secures $7 Million Settlement from Property Management Company Over Rent-Fixing Scheme
Jun 18, 2026 · Reported action
Attorney General Dan Rayfield · Reached proposed settlement
FactVote reviewed summary
Reached a proposed $7 million LivCor settlement restricting use of competitively sensitive data to align rents. The release states that court approval was still required.
Reported 2026-06-18. This records the dated action; litigation and proposed settlements do not establish final liability or current enforceability.
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 Oregon’s median rent. This relationship does not establish causation. Actions after the fact’s measurement period cannot explain its earlier value.
Retained Oregon evidence context: Median gross rent. This record’s connection to the topic does not establish an effect on the measured result.
said Attorney General Rayfield. “Landlords don’t get to outsource collusion to an algorithm and call it business as usual.” Under today’s settlement, subject to court approval, LivCor also agrees to not 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. This is the second settlement reached by the states in this litigation; in November 2025, Attorney General Rayfield announced a $7 million settlement with Greystar, another defendant. RealPage uses algorithmic models to recommend price increases to subscribers. As alleged the January 2025 complaint, 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. As alleged the January 2025 complaint 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 understood they would benefit from the information of their rivals. In other words, RealPage knew what competing landlords were charging and could increase rental profits by using that information to recommend landlords set or raise their prices uniformly, thereby eliminating competition, and leaving renters no choice but to pay artificially high prices. In Oregon LivCor managed approximately 1,649 multifamily rental properties that used RealPage’s pricing software. Today’s settlement, subject to court approval, requires LivCor to pay $7 million toReview official supporting evidence ↗