Manufactured (mobile) Home Lot Rent Price-Fixing Investigation
Lowey Dannenberg, P.C. is investigating claims that owners of manufactured (mobile) homes were overcharged on lot rent between August 31, 2019 and the present. Specifically, a recent class action lawsuit alleges that nine large owners of manufactured home communities improperly coordinated with each other to increase manufactured home lot rents, in violation of the Sherman Antitrust Act.
The case claims that manufactured (mobile) home community owners shared non-public, competitively sensitive information about manufactured home lot rental prices and occupancy throughout the United States using reports from Datacomp Appraisal Systems, Inc., a large provider of mobile home data. This data exchange allowed them to unlawfully increase rents on manufactured home lots.
The nine manufactured (mobile) home community owners are:
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Equity LifeStyle Properties, Inc.
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Hometown America Management LLC
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Lakeshore Communities, Inc.
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Sun Communities, Inc.
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RHP Properties, Inc
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YES! Communities, Inc
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Inspire Communities, LLC
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Kingsley Management, Corp
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Cal-Am Properties, Inc.