Official press releaseFederal Trade Commission Press Releases
Progress Residential and Owner Pretium Partners to Pay $49.75 Million to Settle FTC and States’ Charges Over Deceptive Rental Pricing Practices and Other Unlawful Conduct
Published by Federal Trade Commission Press Releases
Proposed order requires companies to advertise true rental prices, clearly and conspicuously disclose fees and stop improperly withholding security deposits The nation’s largest property manager of single-family rental homes, Progress Residential, and its owner, private equity firm Pretium Partners, will pay $49.75 million to settle charges brought by the Federal Trade Commission and four states that the companies misled consumers with deceptive rental pricing practices.View Press Release
{
"category": null,
"company_link_version": "company-mentions-v2",
"company_mentions": [],
"coverage": "official RSS press release; short feed summary only",
"language": "en",
"published_at": "2026-11-06T12:00:00Z",
"source": "ftc-press",
"summary": "Proposed order requires companies to advertise true rental prices, clearly and conspicuously disclose fees and stop improperly withholding security deposits The nation’s largest property manager of single-family rental homes, Progress Residential, and its owner, private equity firm Pretium Partners, will pay $49.75 million to settle charges brought by the Federal Trade Commission and four states that the companies misled consumers with deceptive rental pricing practices.View Press Release",
"title": "Progress Residential and Owner Pretium Partners to Pay $49.75 Million to Settle FTC and States’ Charges Over Deceptive Rental Pricing Practices and Other Unlawful Conduct",
"url": "https://www.ftc.gov/news-events/news/press-releases/2026/11/progress-residential-owner-pretium-partners-pay-4975-million-settle-ftc-states-charges-over"
}
Evidence-based analysis
facts, provenance and explicit model coverage
Descriptive evidence from the stored source record; it is not advice, a forecast or a legal conclusion.
Dimension
Status / value
Method or boundary
What happened
available · Progress Residential and Owner Pretium Partners to Pay $49.75 Million to Settle FTC and States’ Charges Over Deceptive Rental Pricing Practices and Other Unlawful Conduct
Proposed order requires companies to advertise true rental prices, clearly and conspicuously disclose fees and stop improperly withholding security deposits The nation’s largest property manager of single-family rental homes, Progress Residential, and its owner, private equity firm Pretium Partners, will pay $49.75 million to settle charges brought by the Federal Trade Commission and four states that the companies misled consumers with deceptive rental pricing practices.View Press Release
When
source_backed · reported 2026-11-06
Occurred 2026-11-06. Source-record timestamps; no timezone or event time is inferred.
Affected entities
resolved · Federal Trade Commission · 0 related
Canonical primary entity and stored related_entity_ids only.
Event classification
news · news.press_release
canonical event type plus source-provided category; no sentiment or impact is inferred
Entity linking
resolved
Canonical entity resolved during ingestion
Deduplication
applied
unique source event key at ingestion
Source trust
high · terms allowed
Source registry metadata
Sentiment
not_covered
No sentiment model output is published for this record.
Market reaction
not_covered
Requires licensed quote, candle and volume observations for the affected instrument.
Historical analogs
not_covered
Requires an audited event-cluster corpus and matching methodology.
Impact mechanism
not_covered
No causal market-impact model is published for this record.
Related risks
not_covered
Risk implications require an audited instrument/entity exposure model.
Instrument linkage
not_covered
No instrument relation is inferred from an entity event; licensed instrument mapping is required.
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