The DOJ suit alleges landlords used a software system to share non-public rent data and weaken the bargaining power of their tenants.

Cloud property management systems are generally sold using the software as a service (SaaS) model, where hoteliers subscribe to the use of the software, as well as data storage in the cloud.

Also named in the complaint is Greystar Real Estate Partners, which manages properties in the Milwaukee and Madison areas.

“Adopting PropTech is a journey, and one that does not end when the business goes live,” says Amanda Dilima, strategic ...

The complaint is part of the DOJ's ongoing probe into a controversial property management software system, RealPage, that helps landlords set rent prices. Landlords who pay to use RealPage's ...