PHOENIX — An apartment management company accused of helping inflate rental prices in Phoenix and Tucson has agreed to pay $1 million and overhaul its business practices under a settlement announced Wednesday by Arizona Attorney General Kris Mayes.
The agreement brings to an end the state’s claims against Weidner Property Management, one of nine landlords sued in 2024 alongside software company RealPage Inc. The landlords allegedly used algorithm‑driven pricing tools to coordinate higher rent increases across the market.
According to the state’s original complaint, the alleged rent‑fixing scheme touched a massive share of the Phoenix rental market…