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

https://mins.news/en/item/132999

- Reuters, 2026-11-06 19:35 UTC
- Economy
- Original: https://www.reuters.com/business/private-equity-owned-landlord-pay-498-million-over-hidden-fees-2026-11-06/?link_source=ta_bluesky_link&taid=6aee2be82a145b00011d822d

> 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.