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...

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Case Information

Case Title

Federal Trade Commission et al v. Progress Residential, LLC et al

Case Number

1:26-cv-06782

Court

Georgia Northern

Nature of Suit

Other Statutory Actions

Date Filed

November 06, 2026