Progress Settles FTC, States Rent Pricing Claims For $50M

By Rae Ann Varona ( November 6, 2026, 11:08 PM EST) -- Single-family rental giant Progress Residential and its private equity firm owner Pretium Partners have agreed to a $49.8 million settlement resolving regulators' allegations that the companies duped renters with deceptive pricing and move-in claims, the Federal Trade Commission announced Friday, calling the settlement its "largest enforcement matter" against landlords ever....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login