Rental Giants Settle Over Coordinated Price Hikes | Albuquerque News

Major rental giants like Greystar, Mission Rock, and RPM Living are settling for over $359 million after allegedly using coordinated pricing software to hike rents nationwide — including big operations in New Mexico. Though they’re not admitting guilt, the deal avoids a longer legal battle and allocates funds to cover tenant claims, with Greystar paying $50M, Mission Rock $2M, and RPM Living $7.5M. Renters who feel overcharged have until January 29, 2027, to file claims — but deadlines to opt out or object come sooner, in September 2026. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/860feb8b5c4e5cb3