Greystar

Real estate investment firm

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August 2024 Greystar announced plans to expand into infrastructure development.
February 2024 Greystar acquired Wood Partners, a developer and builder, adding 38,000 units to its management portfolio.
January 2024 A tenant in Lakewood, Colorado sued Greystar over alleged junk fees added to monthly rent. In the same month, Greystar charged a Loveland, Colorado family $4,140 in lease-breaking penalty fees following the death of the lease's primary signer.
August 2023 Greystar's modular apartment venture, Modern Living Solutions, broke ground on its first multifamily project in Coraopolis, Pennsylvania.
June 2023 Greystar broke ground on Summerwell Sunterra, a build-to-rent community in the Houston area.
2022 A tenant in Charlotte, North Carolina filed a lawsuit against Greystar for failing to perform necessary building maintenance.
2022 Greystar expanded its partnership with Project Destined to students at South Carolina State University.
October 2022 Greystar was a co-defendant in a lawsuit against RealPage, alleging collusion to fix rent prices at multiple property management companies.
2021 Greystar's business model was alleged to be contributing to Ireland's housing crisis.
December 2021 Greystar acquired Fizzy Living and began expanding into the industrial sector.
November 2021 Greystar announced an additional $600 million investment in student housing development, partnering with the University of Maryland and the University of Texas at Austin.
June 2021 Greystar secured approximately $883 million of investments to expand in European cities.
May 2021 Greystar acquired the remaining stake in Thackeray Partners and partnered with the University of South Carolina to create a $210 million campus village.
March 2021 Greystar, with partners IvanhoĆ© Cambridge and Bouwinvest, announced a $1.1 billion joint venture to develop housing in Paris and Chile.
December 2020 Greystar partnered with Walker & Dunlop and Project Destined to create a paid internship program for students from diverse backgrounds in Durham, North Carolina.
October 2020 Greystar acquired 45% of Thackeray Partners.
June 2020 Greystar acquired the property management arm of Alliance Residential Co.
2019 Greystar was sued in Los Angeles County Superior Court for collecting extensive personal identifying information about tenants without their consent, gathering details about tenants' 'character' and 'general reputation' at five of their apartment buildings.
June 2019 A crane collapsed on Greystar-owned apartments in Old East Dallas, resulting in serious injuries to multiple tenants and the death of one woman. Greystar was found negligent and required to pay $860 million in damages to 17 plaintiffs, with the court noting safety regulation violations including a Greystar sign on the crane that contributed to its collapse.
June 2018 Greystar announced the acquisition of EdR, a manager of college housing communities in the US, for $4.6 billion.
July 2017 Greystar announced the acquisition of Monogram Residential Trust's portfolio of 49 rental communities in ten states for $3 billion.
2013 Greystar began operating in the United Kingdom.

This contents of the box above is based on material from the Wikipedia article Greystar, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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