Greystar Real Estate Partners
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Greystar Real Estate Partners is an international real estate developer and manager based in the United States. As of April 2019, Greystar had $32 billion in gross assets under management, and operated in nine countries in 2022. Greystar was the largest apartment management company in the United States in 2021, with over 669,000 units of apartment infrastructure. The firm's business model is alleged to be adding to Ireland's housing crisis.


History

Founded in 1993 by chairman and CEO
Bob Faith Robert Alan Faith (born 1963/1964) is an American businessman, and the founder, chairman and chief executive officer (CEO) of Greystar Real Estate Partners. Early life Faith grew up in Oklahoma, and earned a bachelor's degree in Petroleum Enginee ...
, and headquartered in
Charleston, South Carolina Charleston is the largest city in the U.S. state of South Carolina, the county seat of Charleston County, and the principal city in the Charleston–North Charleston metropolitan area. The city lies just south of the geographical midpoint o ...
, Greystar has over 14,000 employees, and 51 offices in the US, Europe, Latin America and Asia-Pacific region. The company began operating in the UK in 2013. In July 2017, Greystar announced it would acquire Monogram Residential Trust's 14,000-unit portfolio of 49 rental communities in ten states, for $3 billion. In June 2018, Greystar announced that it would acquire EdR, a manager of college housing communities in the US, for $4.6 billion. In 2019, the company was sued for violating consumer protection laws. In an
Los Angeles County Superior Court The Superior Court of California, County of Los Angeles, is the California superior court with jurisdiction over Los Angeles County, which includes the city of Los Angeles. It is the largest single unified trial court in the United States. The ...
filing, Greystar was charged with gathering extensive personal identifying information about its tenants without their knowledge or consent. At five Greystar-owned apartment buildings, the company collected information about its tenants' "character" and "general reputation." In 2022, Greystar operated in nine countries: China, France, Germany, Ireland, Mexico, the Netherlands, Spain, the United Kingdom, and the United States.


Notable buildings

* Ascent Uptown,
Charlotte, North Carolina Charlotte ( ) is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 16th-most populo ...
, US * Chapter Spitalfields, London, England (purchased by Greystar in 2015)


References

{{Reflist Companies based in Charleston, South Carolina Financial services companies established in 1993 Real estate companies established in 1993 1993 establishments in South Carolina Property management companies