On Tuesday, the Attorney General’s Office announced it will be suing six landlords for illegally working together and with the software company RealPage to raise North Carolinians’ rents.
Those six landlords include Greystar Real Estate Partners LLC, Blackstone’s LivCor LLC, Cushman & Wakefield Inc., Pinnacle Property Management Services LLC, Willow Bridge Property Company LLC, and Cortland Management LLC.
Channel 9 learned Greystar Real Estate Partners LLC owns a handful of complexes in NoDa. They and the other landlords are accused of using artificial intelligence to align their prices, swindling renters out of millions.
Together, these landlords own or manage more than 70,000 units throughout the state, including cities like Charlotte.
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Renter Dante Brodie told Channel 9 that he lived at a Cortland Management Property for two years.
“I didn’t take it as too harsh when they were raising the rent, because I just figured that’s how Charlotte is,” Brodie said.