RALEIGH, N.C. (NCN News) — Attorney General Jeff Jackson and eight other attorneys general from both major political parties reached a $7 million settlement with LivCor, LLC, a major landlord with approximately 3,500 apartments in North Carolina.
LivCor will stop using non-public data from other landlords, either through RealPage’s software or by other means, to set rents. This is the third landlord Attorney General Jackson has reached such a settlement with after suing six property management companies in January 2025 for illegally working together and using RealPage’s AI software to drive up rent for North Carolinians.
“One by one, we’re shutting down the illegal scheme that allowed landlords to use illegal AI software to drive up rents for North Carolinians,” Jeff Jackson said in a press release. “This case is about leveling the playing field so that consumers pay affordable rents.”
LivCor will stop:
- Sharing sensitive data with other landlords.
- Using third-party software or algorithms to price apartments, unless the software is within the rules.
- Sharing or using any competitively sensitive data from other landlords and property managers to set rent prices or generate recommended rent prices.
- Attending or participating in RealPage-hosted meetings of competing landlords.
LivCor must report to the Attorney General’s Office on its compliance with the order and allow the Attorney General to participate in inspections to ensure compliance with the judgment’s terms. If necessary, the Attorney General may enforce the agreement in court or seek to extend its terms.
Jackson’s case against RealPage and the remaining three landlords continues. The lawsuit alleges that RealPage used sensitive rental data to build a pricing algorithm that inflated rents and violated antitrust laws. The landlords allegedly shared non-public information with RealPage and each other about rents, occupancy, pricing strategies, and discounts, resulting in higher rents than a competitive market would have produced. Attorney General Jackson has already reached settlements with Greystar and Cortland, the largest and second-largest landlords in the state.
Jackson said the alleged illegal conduct harmed North Carolinians on a wide scale. The seven landlords involved in this case own or manage more than 70,000 rental units across the state. These alleged rent hikes made it harder for North Carolinians to afford their homes at a time when housing costs are already rising, and they also hurt landlords who price their units fairly and follow the law.
Jackson has been taking the lead on several antitrust fights to protect consumers and fair prices. He recently shut down a secret data exchange between some of the country’s largest meat producers and a company that helped them coordinate to reduce competition and raise prices for chicken, pork, and turkey in North Carolina. He also recently secured a win against Live Nation and Ticketmaster to stop their illegal monopoly over the ticketing industry, which had allowed them to overcharge consumers for years.
He also sued to block Nexstar, the nation’s largest television station owner, from buying one of its biggest competitors, Tegna. The lawsuit alleges that the merger would raise prices, weaken local news, and give one company too much control over what communities across the country see on television.
Attorney General Jackson is joined in reaching this settlement by the attorneys general of California, Colorado, Connecticut, Illinois, Massachusetts, Minnesota, Oregon, and Tennessee.