The agreement
California Attorney General Rob Bonta announced on June 18, 2026 that a coalition of nine state attorneys general had reached a $7 million settlement with LivCor, LLC over its role in the RealPage rent-alignment litigation. The settlement is subject to court approval.
It is the second state-coalition settlement in the case. The first, with Greystar, was announced in November 2025, also at $7 million.
The two obligations
LivCor agreed not to use software from any company that uses competitively sensitive data to align rent prices, and to cooperate in the continuing prosecution of RealPage and the remaining landlord defendants.
The first obligation is written at the level of function rather than product. It does not name RealPage; it describes a category of tool. That drafting matters because the revenue-management market has several vendors, and a product-specific injunction would expire the moment a defendant switched suppliers.
The cooperation obligation is the one with strategic value to the states. In coordination cases the evidentiary problem is proving that participants understood themselves to be acting in concert. A settling defendant's internal witnesses and documents go directly to that question.
Where LivCor sits
LivCor is identified in the underlying federal complaint as a Blackstone-affiliated property manager. Bonta said California tenants should not have to wonder whether the rent they pay each month is the result of an unlawful scheme.
The same defendant settled separately with the federal government in December 2025, which illustrates the structure of this litigation: parallel federal and state actions over the same conduct, resolved on separate timelines with different remedies.
How the $7 million is being split
Minnesota Attorney General Keith Ellison's office said Minnesota alone would receive more than $582,000 of the settlement, one of nine states in the coalition, which also included California and Colorado. Colorado Attorney General Phil Weiser said the settlement resolved allegations that LivCor used RealPage's system to fix rents with five co-defendant landlords named in the states' January 2025 complaint.
That per-state disclosure is the clearest evidence available that the $7 million is being divided unevenly among the nine plaintiff states rather than split evenly, though the full state-by-state allocation was not published in the sources reviewed.
Caveats
Analysis: $7 million against a portfolio the size of a Blackstone-affiliated manager's is not a deterrent-scale number, and it should not be read as one. The operative remedies in these settlements are the conduct bans and the cooperation, not the payments.
The parallel federal case
LivCor is also a defendant in the U.S. Department of Justice's separate antitrust case against RealPage, filed in the U.S. District Court for the Middle District of North Carolina. In that action, LivCor and the department filed a stipulation and proposed final judgment resolving the federal claims, docketed as No. 1:24-cv-00710-WLO-JLW, which — consistent with the pattern the department has followed with other landlord defendants — imposes conduct restrictions rather than a disclosed monetary penalty.
The states' January 2025 complaint named five co-defendant landlords alongside LivCor in the alleged scheme. Attorney General Ellison's office noted that the LivCor settlement followed the same office's prior antitrust win against Live Nation/Ticketmaster and an enforcement action that stopped Agri Stats from anticompetitive conduct that raised food costs, part of a broader run of price-coordination cases the coalition has pursued.