NASHVILLE, Tenn. (WKRN) — Tennessee has joined a multistate settlement proposal with the nation’s largest property management firm over allegations it unfairly rigged their prices for rental units.

According to Tennessee Attorney General Jonathan Skrmetti’s office, the proposed settlement with Greystar Management Services, LLC, resolves allegations of “anticompetitive practices that resulted in artificially-increased rents” for renters in Tennessee.

The property management giant reached a non-monetary settlement consent decree with 9 states, including Tennessee, according to the AG’s office.

An investigation from a bipartisan coalition looked into Greystar’s participation in an “algorithmic pricing scheme” that allowed multiple property management companies to share their supply and pricing data among each other through a service called RealPage.

RealPage is a revenue management software utilized by many property management companies, including Greystar.

By sharing the sensitive renal data, the states alleged the property management companies were able to artificially inflate and align their rental prices, thus reducing competition in the multi-family residential rental market.

Greystar alone operates nearly 950,000 rental units nationwide, including more than 6,000 in Tennessee.

The AG’s office said the proposed settlement represents one step in broader enforcement efforts, as they continue to pursue legal action against RealPage and four other property management companies.

“Tennessee renters were stuck paying too much because property management companies shared information through the RealPage software to artificially inflate prices,” Skrmetti said in a release. “It’s not fair, it’s not right, and we are putting a stop to it by holding these companies accountable.”

The proposed consent decree, if approved by the Court, would require Greystar to do the following:

• Refrain from using any anticompetitive algorithm that generates pricing recommendations using its competitors’ competitively sensitive data or that incorporates certain anticompetitive features;
• Refrain from sharing competitively sensitive information with competitors;
• Accept a court-appointed monitor if it uses a third-party pricing algorithm that is not certified pursuant to the terms of the consent decree;
• Refrain from attending or participating in RealPage-hosted meetings of competing landlords; and
• Cooperate with the coalition’s claims against RealPage

Tennessee joined in the proposed settlement with California, Colorado, Connecticut, Illinois, Massachusetts, Minnesota, North Carolina, and Oregon, according to the attorney general.

MEMPHIS, Tenn. — A Tennessee judge on Monday night blocked the use of the National Guard in Memphis under a crimefighting operation by President Donald Trump but also put the order on hold, giving the government five days to appeal.

Davidson County Chancellor Patricia Head Moskal’s decision sides with Democratic state and local officials who sued, contending that Republican Gov. Bill Lee cannot deploy the Tennessee National Guard for civil unrest unless there is rebellion or invasion, and even then, it would require action by state lawmakers.

The plaintiffs also said another provision spells out a need for a request from a local government to use the Guard in some scenarios, including a “breakdown of law and order,” they said.

The state has said Tennessee law gives the governor “the authority to dispatch the Guard when needed and to determine when that need exists.”

In a statement posted on X, Shelby County Mayor Lee Harris, a plaintiff in the case, said he is pleased with the decision. “The injunction does not take effect immediately, and the state has a chance to seek leave to appeal,” he wrote. “However, this is a positive step toward ensuring the rule of law applies to everyone, including everyday Tennesseans and even the Governor.”

Since their arrival on Oct. 10, troops have been patrolling neighborhoods and commercial areas of Memphis, including near the iconic Pyramid in downtown, wearing fatigues and protective vests that say “military police,” with guns in holsters. Officials have said Guard members have no arrest power.

The Guard is part of a task force established by an order from Trump. It also involves a slew of other law enforcement agencies whose officers have patrolling the city now for weeks.

For years, Memphis has dealt with high violent crime, including assaults, carjackings and homicides. While this year’s statistics show improvement in several categories, including murders, many acknowledge that violence remains a problem.

Trump announced in September that the National Guard would be deployed to combat crime in Memphis alongside authorities from a slew of federal agencies as part of the so-called Memphis Safe Task Force. The task force, which includes hundreds of personnel attached to various federal and state law enforcement agencies and Memphis police, has made more than 2,500 arrests since it began operating in Memphis.

Arrests have been made on charges ranging from drug and weapons violations to immigration warrants to homicides.

Lee has said the National Guard would “play a critical support role” for local law enforcement.

Memphis Mayor Paul Young, a Democrat, said he never requested that the Guard come to his city. But after Trump made the announcement and Lee agreed, Young, who is not involved in the lawsuit, and others has said they wanted the task force to focus on targeting violent offenders.

Young has said operations include some 150 Guard members.

Both the plaintiffs and the state acknowledged that the governor did not issue an order to trigger the deployment, but sent a news release.

Lee has said that, “As the the commander-in-chief, Gov. Lee has the authority to authorize the Title 32 strategic mission to Memphis.”

“Every Memphian deserves to feel safe in their community, and through state, local, and federal partnerships, the Memphis Safe Task Force has created a generational opportunity that is already delivering remarkable results to enhance public safety,” Lee’s spokesperson Elizabeth Lane Johnson said after the lawsuit was filed. “We are confident the court will uphold the Governor’s constitutional authority.”

• The author argues the Tennessee Valley Authority has strayed from its core mission of providing reliable and affordable energy.
• New board members nominated by President Donald Trump are urged to refocus the agency on power generation.
• TVA should resist “side projects” like green energy, ESG goals, and government broadband.

As Tennessee, and six other southern states, prepare to welcome a new slate of Tennessee Valley Authority (TVA) board members nominated by President Donald Trump, our state faces a pivotal moment for one of its most important public institutions.

TVA was created to serve a simple, vital purpose — to provide reliable, affordable energy to the people of our Tennessee Valley region. But over the years, that mission has drifted.

Too often, TVA has strayed into side projects that have little to do with keeping the lights on and everything to do with expanding the government’s reach. It’s time for that to change. With new leadership coming in alongside a vision cast by Trump and our two U.S. Senators, Marsha Blackburn and Bill Hagerty, TVA has a chance to return to what it does best: providing affordable energy that powers Tennessee’s homes, businesses and industries.

The stakes could not be higher. From families trying to pay rising power bills, which seem to increase year over year, to small businesses struggling with inflation and energy costs, reliability and affordability aren’t abstract policy goals —they’re kitchen table issues. When the cost of electricity goes up, the cost of everything else follows.

TVA at risk of power shortages again this winter

And, according to Sen. Bill Hagerty, TVA’s failures are now a “limiting factor” on economic development projects in Tennessee. Not to mention the rolling brownouts we’ve experienced over the past few years — which TVA now anticipates will continue going forward.