greystar Corporate
Since 1983, Greystar has grown into the largest rental property manager in the U.S. with hundreds of thousands of units in the U.S. and around 700,000 units internationally.
Greystar specializes in:
- Multifamily rentals
- On-campus student housing
- Off-campus student housing
Despite management being the pillar of Greystar's business model, the company has increasingly sought development and ownership control over apartment units, expanding its portfolio in recent years.
Greystar is expanding its reach in the multifamily rental market, both in development and management, and continues to snap up student housing properties and residential units internationally.
Since its 2018 acquisition of major student housing manager EdR, Greystar has grown its student housing portfolio, currently holding about $11.1 billion in assets. Greystar is particularly bullish on Public-Private Partnerships (P3s) with colleges and universities, offering its services to cash-strapped college campuses to take over what it describes as recession-proof assets.
Greystar has accelerated its acquisitions in Europe, particularly in metro areas in the United Kingdom and France and around universities, seeking to take advantage of rising rents.
Greystar CEO and Founder, Bob Faith
- $900 million net worth
- Founded Greystar in 1993 as a multifamily rental management company
- Co-founder of Starwood Capital, a private equity firm that owns thousands of rental units and other assets
- Part of Donald Trump's economic revival group, "Reopen America" with other corporate landlords
- Former South Carolina Secretary of Commerce and prominent member of the South Carolina Republican Party
- Owns at least two Charleston-area multimillion-dollar waterfront homes
- Passionate marlin fisherman who owns several yachts at the Charleston Yacht Club
Source. https://corporatedormlords.com/greystar
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