Greystar
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Greystar

Greystar Real Estate Partners is an international real estate developer and manager based in the United States. As of 2023, Greystar had over $76 billion in gross assets under management, and operated in 17 countries.

Per NMHC report, Greystar was the largest apartment manager in the United States, with over 798,272 units as of 2024. It is also the country's largest apartment owner, with 108,566 units.

Greystar has been sued several times by its tenants.

Founded in 1993 by chairman and CEO Bob Faith, and headquartered in Charleston, South Carolina, Greystar has over 22,000 employees and 66 offices representing 224 markets in the North America, South America, Europe, and the 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.

Greystar acquired the property management arm of Alliance Residential Co. in June 2020, and in October 2020, Greystar acquired 45% of Thackeray Partners. 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. Greystar and Project Destined expanded their partnership to students at South Carolina State University in 2022.

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 and a joint venture in multifamily housing in Chile. Greystar acquired the rest of Thackeray Partners in May 2021 and partnered with the University of South Carolina to create a $210 million campus village. Greystar also announced a partnership with CPP Investment Board to pursue life sciences development with a $74 million office and lab in Somerville, Massachusetts, as well as a joint venture to develop and acquire single-family and multifamily rental communities. 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. In December 2021, Greystar acquired Fizzy Living and began expanding its presence in the industrial sector.

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