Tennessee
Tennessee joins settlement against Greystar over ‘anticompetitive’ rent pricing scheme
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.”
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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.
The Tennessee Volunteers have been looking to land the best of the best when it comes to the transfer portal, and they have been targeting the best, but as of recently, all it has been is a bunch of swings and misses.
The Vols have missed yet again, as they have failed to land one of their top targets on their board when it comes to the college football transfer portal at a position that they currently need more than any. That position is the cornerback position, which is one that they need very badly.
The player that they failed to land in this go-around is Troy cornerback Jaquez White. White is one of the better players that the portal has seen at the position, as he was easily named as a top portal target for many. He was seriously looking at Tennessee, and the Vols were ready to bring him in, but instead, he has opted to commit to the Virginia Tech Hokies. The Hokies have done a decent job in the portal thus far, but their portal class has definitely improved following the addition of White.
Whether this is a money thing or the Vols just couldn’t do enough convincing, the point is that they have missed on guys left and right recently. The vision isn’t clear, but fans are hopeful that it will be soon.
Here is what White did in his 2025 season according to the Troy website.
Jaquez White’s 2025 Season
“Earned All-Sun Belt Second Team honors … Ranked third in the league (seventh nationally) with 14 total passes defended and fourth (15th nationally) with 11 pass break ups … Started 12 games and played in all 14 contests … Returned an interception 30 yards for a touchdown in Troy’s victory over Louisiana; added interceptions against Nicholls and in Sun Belt Championship Game at James Madison … Finished season with 67 tackles, 3.5 tackles for loss and a sack … Sack came in Troy’s win over South Alabama; added five tackles, a quarterback hurry and a pass break up in the game … Season-best seven tackles against Memphis … Broke up four passes in win at ULM and had a pair at Southern Miss … Troy’s top-rated defender per PFF with an 87.6 rating … Played 879 defensive snaps, second most on the team … Third-rated cornerback in the country (min. 700 snaps) per PFF and fourth-rated cover corner … Held opponents to a 54.5 reception percentage (36-of-66).”
More Vols News
Tennessee defensive lineman Josh Schell has entered the transfer portal, he announced on social media on Jan. 6.
Schell had a short stint at Tennessee after transferring from Grand Valley State in April. He played all 13 games and made one tackle in the 2025 season.
Schell played more than 100 snaps, mostly on special teams. He never cracked the rotation on the defensive line.
Schell spent three seasons at Grand Valley State, including a redshirt year, and one season at Tennessee. He has one season of eligibility remaining.
The 6-foot-4, 265-pounder is from Camden, New Jersey. His best college season was 2024 at Grand Valley State, when he played 13 games and recorded 35 tackles, three tackles for loss, two sacks, six pass breakups, three quarterback hurries, one forced fumble and one fumble recovery.
He was also a pitcher on the Grand Valley State baseball game in the 2023 season.
Adam Sparks is the Tennessee football beat reporter. Email adam.sparks@knoxnews.com. X, formerly known as Twitter@AdamSparks. Support strong local journalism by subscribing at knoxnews.com/subscribe.
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The Tennessee Titans’ search for their next head coach is coming into focus, and the initial interview phase is in full swing.
Following the news that Kansas City Chiefs offensive coordinator Matt Nagy would be having a first virtual interview on Thursday, the dates and times for some interviews for other candidates have come out.
Multiple reports on social media indicate that Indianapolis Colts defensive coordinator Lou Anarumo will meet with Mike Borgonzi on Wednesday, followed by Nagy on Thursday. The team will then follow that up by meeting with former Cleveland Browns head coach Kevin Stefanski on Saturday and former Atlanta Falcons head coach Raheem Morris on Monday.
Tennessee will also meet with interim head coach Mike McCoy, and is rumored to have interest in former Washington Commanders offensive coordinator Kliff Kingsbury.
It’s an ever-changing process in Nashville. Stay up to date with all the coaching search news with us here at Titans Wire, and please sound off with your thoughts.
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