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EconomyPrivate equity-owned landlord to pay $49.8 million over hidden fees

Progress Residential, the largest US manager of single-family rental homes, will pay $49.8 million to resolve allegations from the Federal Trade Commission and four states that it misled renters with hidden fees, an FTC official told Reuters.

Progress Residentialrental housinghidden feesFederal Trade Commission

RReuters★★★☆☆2026-11-06 19:35Original

Private equity-owned landlord to pay $49.8 million over hidden fees
Private equity-owned landlord to pay $49.8 million over hidden feesEconomy