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Warren Urges DOJ Review of Thoma Bravo Rental Software Unit

  • Senators say RealPage facilitates price-fixing, inflation
  • YieldStar software is used by largest US property managers
Elizabeth Warren

Elizabeth Warren

Photographer: Jacquelyn Martin/AP Photo
Updated on

A group of Democratic senators is urging the US Justice Department to scrutinize whether Thoma Bravo LLC’s rental software company RealPage Inc. is fomenting rising rents across the US through its rental pricing software.

Senators Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont pressed the Justice Department in a letter Thursday to examine the impact of RealPage’s YieldStar rental pricing software on consumers and on inflation amid persistent concerns about the overheating of the US economy.