Justice Department takes comment on a judgment barring a Frisco apartment manager from rent software fed by rivals' data
The Justice Department filed a proposed final judgment on September 4th, 2026 against Pinnacle Property Management Services, an apartment manager headquartered in Frisco. Pinnacle licensed AI Revenue Management and YieldStar from RealPage, which is headquartered in Richardson. The judgment would bar Pinnacle from any outside revenue management product that uses other landlords' nonpublic data to recommend or set prices. It would also bar Pinnacle from sharing competitively sensitive information with competitors. The government may inspect Pinnacle's own pricing product down to its code and pseudocode. A monitor can be appointed if Pinnacle uses outside pricing software without a qualifying certification. The notice was published on September 18th, 2026 and invites public comment for 60 days. The judgment would expire five years after the court enters it. The case against RealPage and the other landlords goes on, and Pinnacle must cooperate in it.
How to take part
The notice asks for comment within 60 days of its September 18th, 2026 publication, which runs to November 17th, 2026. Comments go in English to the Technology and Digital Platforms Section of the Antitrust Division, by mail or by the email address printed in the notice. Comments and the government's responses are posted on the division's website and filed with the court.
Where
Timeline
- filed
Proposed final judgment against Pinnacle filed with the court
- comment opens
Notice published and public comment invited
- Today
- comment closes
Public comment period on the proposed judgment closes
51 days out
How this decision moved
One dated line per check, oldest first. A line that says nothing changed means somebody looked and it had not.
- 2026-09-27
Admitted on the government's own notice, with the comment window open. The judgment is proposed and takes effect only when the court enters it.
The evidence
Every fact above rests on one of these. The words are the source's own.
The proposed Final Judgment, filed on September 4, 2026, bars Pinnacle from licensing or using a revenue management software that relies on competitively sensitive data and prohibits Pinnacle from sharing competitively sensitive information with other landlords.Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
Pinnacle must also establish an antitrust compliance policy and cooperate with the United States in this litigation.Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
Public comment is invited within 60 days of the date of this notice.Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
Pinnacle, headquartered in Frisco, Texas, is one of the largest apartment managers in the United States.Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
RealPage is a privately-owned company organized and existing under the laws of the State of Delaware and is headquartered in Richardson, Texas.Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
Pinnacle licenses revenue management products called AI Revenue Management (‘‘AIRM’’) and YieldStar from RealPage.Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
It reviews AIRM and YieldStar floor plan price recommendations daily and uses these revenue management products to set scheduled floor plan rents and even unit-level prices.Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
Pinnacle cannot license or use any third-party revenue management product that uses third-party nonpublic data to recommend or set prices;Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
Pinnacle must allow the United States to inspect documents regarding its proprietary revenue management product and review the relevant code and pseudocode;Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
If Pinnacle uses a third-party revenue management product, Pinnacle will be subject to the appointment of a monitor unless Pinnacle obtains a certification that meets certain requirements, including affirming, among other things, that the product complies with all required limitations regarding use of competitors’ competitively sensitive data in its runtime operation or model training;Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
Pinnacle must cooperate in this civil antitrust proceeding (United States et al. v. RealPage et al.) with respect to the claims against other defendants;Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
Unless the Court grants an extension, this Final Judgment will expire five years from the date of its entry, except that after three years from the date of its entry, this Final Judgment may be terminated upon notice by the United States to the Court and Defendant that the continuation of this Final Judgment is no longer necessary or in the public interest.Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
This data is run through a machine learning model to generate learned parameters for supply and demand models that are then used for all AIRM clients across the country.Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
RealPage generally retrains the models three to four times per year using updated nonpublic data.Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
By default, AIRM and YieldStar set auto-accept parameters of a 3% daily change and an 8% weekly change.Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
The RealPage-defined submarkets identified in Appendix A are relevant markets in which the agreements between RealPage and AIRM and YieldStar users to align pricing has harmed, or is likely to harm, competition and thus renters.Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
Comments should be submitted in English and directed to Danielle Hauck, Acting Chief, Technology and Digital Platforms Section, Antitrust Division, Department of Justice,Federal Register, United States of America, et al. v. RealPage, Inc., et al.; Proposed Final Judgment and Competitive Impact Statement (91 FR 59304) Primary source, official · govinfo.gov
Questions about this decision
Answered from the record itself. Every answer is assembled from stored fields, so an answer the record has no basis for is left out rather than guessed.
What is this decision?
The Justice Department filed a proposed final judgment on September 4th, 2026 against Pinnacle Property Management Services, an apartment manager headquartered in Frisco. Pinnacle licensed AI Revenue Management and YieldStar from RealPage, which is headquartered in Richardson. The judgment would bar Pinnacle from any outside revenue management product that uses other landlords' nonpublic data to recommend or set prices. It would also bar Pinnacle from sharing competitively sensitive information with competitors. The government may inspect Pinnacle's own pricing product down to its code and pseudocode. A monitor can be appointed if Pinnacle uses outside pricing software without a qualifying certification. The notice was published on September 18th, 2026 and invites public comment for 60 days. The judgment would expire five years after the court enters it. The case against RealPage and the other landlords goes on, and Pinnacle must cooperate in it.
Who decides it?
U.S. Department of Justice, Antitrust Division decides. The record names the deciding body for every entry it carries.
Can the public comment on it?
The notice asks for comment within 60 days of its September 18th, 2026 publication, which runs to November 17th, 2026. Comments go in English to the Technology and Digital Platforms Section of the Antitrust Division, by mail or by the email address printed in the notice. Comments and the government's responses are posted on the division's website and filed with the court.
Where in Texas does it apply?
It covers Bexar, Brazoria, Collin, Dallas Counties and eight more.
Has it been decided?
Its status on the record is open.
What happens next?
The next dated step is comment closes, on November 17th, in 51 days.
When did it start?
The earliest date on its record is September 4th, 2026.
What kind of decision is it?
It is filed under defense and federal.
What sources back it?
One source backs it. It is primary.
When was it last checked?
Every fact on it was last verified against its source on September 27th, 2026.
Cite this
Texas AI Docket, Justice Department takes comment on a judgment barring a Frisco apartment manager from rent software fed by rivals' data. Tracked since September 4th, 2026. Last verified September 27th, 2026. https://texasaidocket.com/item/tx-2026-0189/. Reuse permitted under CC BY 4.0 with attribution. The same entry is in the docket JSON as item tx-2026-0189.
Beat
Filed under Defense and federal, with every other decision on that beat.