DENVER, Colo. (KKTV) – One of the largest rental companies in the country is facing two separate lawsuits, including from Colorado’s Attorney General, Phil Weiser. He says Greystar Real Estate Properties is charging local tenants hidden fees.
Greystar says these accusations are not true. Another federal lawsuit accuses Greystar of coordinating with other property management companies to manipulate rent. Greystar also denies these claims.
“Whether you are working at a restaurant or grocery store or you’re a teacher or a nurse it is too expensive to live in our communities and specifically we’re feeling that impact in terms of housing,” Denver-area lawmaker Javier Mabrey said.
Mabrey says his proposal prevents two or more landlords from coordinating rent prices. It specifically bans any software that allows landlords to share information. Something that the Department of Justice has already banned.
“Coloradans need to know that landlords have been using a technology that …