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Stellar Management and Rockpoint Group



San Francisco - A lawsuit has been filed and is seeking class action status against the city's largest apartment development for routinely imposing rent increases that violate San Francisco's Rent Control Ordinance. The complaint alleges Villas Parkmerced management used rebate coupons to obscure the true base rent charged to tenants upon initial occupancy. San Francisco's Rent Control Ordinance allows a landlord to raise the rent on a unit after it is vacated by a 7% maximum annual increase, but rebate coupons result in an actual rent increase of 28%.

If you feel you should be included in this possible class action, please contact Peter Fredman of Brayton Purcell directly.



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