Greystar Real Estate Partners

Founded in 1993 by chairman and CEO Bob Faith, and headquartered in Charleston, South Carolina, Greystar has over 22,000 employees[1] and 66 offices[6] representing 224 markets in the North America, South America, Europe, and the Asia-Pacific region.[7]

The company began operating in the UK in 2013.[8] 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.[9]

In June 2018, Greystar announced that it would acquire EdR, a manager of college housing communities in the US, for $4.6 billion.[10]

In 2019, the company was sued for violating consumer protection laws. In a Los Angeles County Superior Court 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."[11] In 2021, the firm's business model was alleged to be adding to Ireland's housing crisis.[12]

Greystar acquired the property management arm of Alliance Residential Co. in June 2020,[13] and in October 2020, Greystar acquired 45% of Thackeray Partners.[14] That December, Greystar partnered with Walker & Dunlop and Project Destined to create a paid internship program for students from diverse backgrounds in Durham, North Carolina.[15] Greystar and Project Destined expanded their partnership to students at South Carolina State University in 2022.[16]

In March 2021, Greystar, along with partners Ivanhoé Cambridge and Bouwinvest, announced a $1.1 billion joint venture to develop and acquire housing for students and young professionals in the greater Paris area[17] and a joint venture in multifamily housing in Chile.[18] Greystar acquired the rest of Thackeray Partners in May 2021[19][20] and partnered with the University of South Carolina to create a $210 million campus village.[21] Greystar also announced a partnership with CPP Investment Board to pursue life sciences development with a $74 million office and lab in Somerville, Massachusetts,[22] as well as a joint venture to develop and acquire single-family and multifamily rental communities.[23][24] In November, the company announced an additional $600 million investment in more student housing development, with partnerships with the University of Maryland, College Park and the University of Texas at Austin.[25] In December 2021, Greystar acquired Fizzy Living[26] and began expanding its presence in the industrial sector.[27]

Greystar secured roughly $883 million of investments in June 2021 to expand in cities across Europe.[28] In 2023, Greystar's new buildings included a 21-story building in Chicago[29] and a mixed-use complex in downtown Austin;[30] it also acquired the London site of the 2012 Summer Olympics for conversion to rental units.[31] Greystar also opened a modular construction factory in Knox, Pennsylvania.[32]