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Report eyes profits of Atlanta landlords using RealPage

Business

From the Left

Liz Zelnick, an executive at the group, said the nonprofit analyzed the six largest publicly traded apartment companies’ financial reports and listened in on earnings calls. She said between them, the companies own close to 350,000 units. “There are so many people who are struggling to pay their rent right now. We’re seeing that corporate landlords are buying up more and more properties across the country and they’re maximizing profits, they’re raising rents, and now they’re utilizing RealPage, which is essentially price fixing,” she said. National Multifamily Housing Council, a...

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