WILMINGTON, N.C. (WECT) – North Carolina’s attorney general says six landlords operating in the state – including two with properties in southeast North Carolina – are colluding together to illegally raise rent prices.
On Tuesday, Jeff Jackson filed a lawsuit alongside nine other states, targeting the landlords and RealPage, a software company that the AG said uses artificial intelligence software to tell companies the rent they should be charging.
“It’s impacting tens of thousands of people across the state, at least 70,000 people, who are renting apartments,” Jackson told WECT Wednesday.
The lawsuit mentions Greystar and Willow Brook, two companies with a presence in the Cape Fear. Greystar has 12 properties in the region across New Hanover and Brunswick Counties. Among them are The Range On Oleander, Element Barclay and City Block. Willow Bridge oversees two complexes: Bellingham Park and Crosswinds Apartments, both in Wilmington.
Comment requests for RealPage and …