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Ky. Off. of the Att'y Gen., Complaint, Commonwealth v. RealPage, Inc. (filed July 2, 2025)

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Ky. Off. of the Att'y Gen., Complaint, Commonwealth v. RealPage, Inc. (filed July 2, 2025)
Jurisdiction
Kentucky (state)
Source
Official source

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UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF KENTUCKY
NORTHERN DIVISION-COVINGTON

COMMONWEALTH OF KENTUCKY, EX
REL. ATTORNEY GENERAL, RUSSELL Case No.
COLEMAN,

Plaintiff, COMPLAINT

v. JURY TRIAL DEMANDED

REALPAGE, INC., BH MANAGEMENT
SERVICES, LLC, FIRST COMMUNITIES
MANAGEMENT, INC., GREYSTAR REAL
ESTATE PARTNERS, LLC, HIGHMARK
RESIDENTIAL, LLC, INDEPENDENCE
REALTY TRUST, INC., MID-AMERICA
APARTMENTS, L.P., MID-AMERICA
APARTMENT COMMUNITIES, INC., RPM
LIVING, LLC, AND WILLOW BRIDGE
PROPERTY COMPANY, LLC

Defendants.

Plaintiff, Commonwealth of Kentucky (“Commonwealth” or “Kentucky”), by and

through its Attorney General, Russell Coleman, brings this suit for violations of federal, state,

and common law, and seeks damages, injunctive and equitable relief, and civil penalties against

the Defendants RealPage, Inc. (“RealPage”), BH Management Services, LLC (“BH”), First

Communities Management, Inc. (“First Communities”), Greystar Real Estate Partners, LLC

(“Greystar”), Highmark Residential, LLC (“Highmark”), Independence Realty Trust, Inc.

(“IRT”), Mid-America Apartments, L.P. and Mid-America Apartment Communities, Inc.

(together, “MAA”), RPM Living, LLC (“RPM”), and Willow Bridge Property Company, LLC

(“Willow Bridge”):
 I. INTRODUCTION

1. Renters are entitled to the benefits of vigorous competition among landlords. In

prosperous times, that competition should limit rent hikes; in harder times, competition should

bring down rent, making housing more affordable. RealPage has built a business out of

frustrating the natural forces of competition. In RealPage’s own words, “a rising tide raises all

ships.” 1 This is more than a marketing mantra. RealPage sells software to landlords that collects