Greystar Real Estate Partners

Is Greystar a publicly traded company?
No, Greystar is a privately held company. The company is not listed on any public stock exchange and remains under the ownership and control of Bob Faith and other private investors.

When was Greystar founded?
Greystar was founded in 1993 by Bob Faith in Charleston, South Carolina. The company has grown significantly since its founding to become one of the largest residential real estate companies globally.

Who founded Greystar?
Greystar was founded by Bob Faith, who serves as chairman and CEO. Faith established the company with a focus on delivering quality housing solutions and maintaining a people-first company culture.

How many properties does Greystar own and manage?
As of 2025, Greystar manages over $76 billion in gross assets under management across multiple countries. The company operates in 17 countries with 66 offices representing 224 markets and manages hundreds of thousands of residential units, with over 29,600 team members globally.

What is Greystar's largest acquisition?
Greystar's largest acquisition was the purchase of EdR, a manager of college housing communities in the US, for $4.6 billion in June 2018. This transaction significantly expanded Greystar's presence in the student housing sector.

Greystar was founded in 1993 by Bob Faith in Charleston, South Carolina. The company began as a real estate developer and manager focused on rental housing properties. From its inception, Greystar established itself as a people-first company dedicated to delivering quality housing solutions.

In 2013, Greystar expanded internationally by beginning operations in the United Kingdom, marking the start of its global expansion strategy. In July 2017, the company announced its acquisition of Monogram Residential Trust's 14,000-unit portfolio of 49 rental communities across ten states for $3 billion, significantly expanding its US presence.

In June 2018, Greystar announced the acquisition of EdR, a manager of college housing communities in the US, for $4.6 billion. This transaction represented one of the largest in the company's history and established Greystar as a major player in student housing.

Throughout 2020 and 2021, Greystar expanded aggressively through multiple acquisitions and partnerships. The company acquired the property management arm of Alliance Residential Co. in June 2020 and acquired 45% of Thackeray Partners in October 2020. In March 2021, Greystar announced a $1.1 billion joint venture with Ivanhoé Cambridge and Bouwinvest to develop and acquire housing for students and young professionals in the Paris area.

In December 2021, Greystar acquired Fizzy Living and began expanding into the industrial sector. The company also launched its family of branded residential communities designed to meet the needs of residents throughout all stages of their lives, from student housing to active adult communities.

In February 2024, Greystar acquired the property management arm of Wood Partners, adding 38,000 units to its management portfolio. In April 2024, the National Multifamily Housing Council announced that Greystar was the United States' largest apartment owner after adding over 10,000 units in 2023.

Greystar has integrated sustainability commitments into its development and property management operations. The company publishes an annual ESG report covering environmental performance, social programs, and governance disclosures.

On the environmental side, Greystar has committed to incorporating sustainable building standards including LEED and BREEAM certifications in new development projects where feasible. The company has set targets for reducing energy and water consumption across its managed portfolio and has invested in building automation systems, LED lighting retrofits, and solar installations at select properties.

Greystar's social responsibility programs include workforce housing initiatives, partnering with local governments and non-profit organizations to increase access to affordable rental housing in markets where it operates. The company has also established a Greystar Foundation supporting employees facing hardship and community programs in markets where it develops and manages properties.

The company's corporate governance includes independent oversight through its investment fund structures, where institutional investors such as pension funds and sovereign wealth funds conduct due diligence and ongoing monitoring of the investment management platform.

• National Multifamily Housing Council Top 50: Greystar has consistently ranked at the top of the NMHC Top 50 lists for apartment owners and managers in the United States
• Largest US Apartment Owner (2024): NMHC confirmed Greystar as the largest apartment owner in the United States in April 2024
• Globe Street Excellence in Multifamily (Multiple years): Recognition for development and management excellence in the multifamily sector
• US Best Workplaces in Real Estate (Fortune/Great Place to Work): Greystar has received workplace recognition across multiple years for employee culture and development programs
• Urban Land Institute: Greystar has received project-level recognition from the Urban Land Institute for development excellence in the United States and internationally

Greystar, as the largest apartment operator in the United States, has faced scrutiny related to rental pricing practices and affordability. In 2023 and 2024, class action lawsuits were filed against several major landlords including Greystar, alleging that the use of pricing software from RealPage allowed competing landlords to coordinate rent increases in violation of federal antitrust law. The lawsuits alleged that algorithmic rent-setting tools facilitated price-fixing in residential rental markets. The cases were consolidated in federal court and were ongoing as of mid-2025. Greystar denied the allegations.

The broader criticism that large institutional landlords contribute to housing unaffordability is a recurring theme in public policy discussions in the United States, United Kingdom, and other markets where Greystar operates. Politicians and housing advocates have called for greater regulation of institutional investors in residential real estate, including limits on bulk purchases of single-family homes and tighter regulation of build-to-rent developments.

Regulatory risks vary by jurisdiction. In the United Kingdom, changes to renter rights legislation have introduced new requirements on landlord practices, including restrictions on eviction processes and requirements for longer-term tenancy security. Greystar's UK operations must comply with evolving regulatory requirements in the private rented sector.