The company has become a lightning rod in debates about rental pricing software. It also remains the subject of a civil lawsuit over alleged antitrust allegations
The layoffs include employees at various levels of the company and come as RealPage faces scrutiny from federal regulators, who claim its software allows landlords to collude on rent
CEO Dana Jones pushed back in a statement on Tuesday, saying RealPage isn't responsible for an undersupply of rentals, increased demand for homes or inflationary pressures shaping the market
The trips were to the Indonesian island of Bali and the secretive, all-male club known as Bohemian Grove in Northern California
The DOJ opened its investigation into the property management software firm as well as several multifamily building operators who authorities believe collaborated in a 'price-fixing combination'
The 'Preventing the Algorithmic Facilitation of Rental Housing Cartels Act' is expected to be introduced in the US Senate this week
Lawmakers in both chambers of Congress have accused RealPage of anticompetitive practices. Calls for an inquiry come a month after a sweeping and critical report into the company
The report, out Friday from news non-profit ProPublica, focuses on YieldStar, a piece of software the property management company says on its website is geared toward 'optimizing rent pricing'
The 'Billionaire Minimum Income Tax,' as outlined in Biden's proposal, would require households worth more than $100M to pay a tax of at least 20% on both their income and any unrealized gains — including real estate
Policies passed in 2017 that capped various real estate-related federal tax deductions limited housing price growth
Consumer advocates say money could have helped homeowners
NPR and ProPublica investigation shines light on investment practices
8 winners, including 2 mobile apps, 2 individual innovators