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FTC Prepares to Sue Largest U.S. Apartment Landlord Greystar Over Hidden Fees, Reports Say

The Federal Trade Commission plans to file a lawsuit against apartment management company Greystar, which manages thousands of apartments in Metro Atlanta and Georgia.
The FTC accuses Greystar of hiding mandatory fees for renters and using deceptive pricing practices, according to Forbes.
The lawsuit claims Greystar falsely advertised rental prices by not informing potential tenants of mandatory fees, as reported by Bloomberg.
Greystar is also named in a separate antitrust lawsuit filed by the Department of Justice against RealPage, alleging unlawful schemes to decrease competition among landlords in apartment pricing.

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Queen City News

FTC to sue property management company Greystar that operates in the Carolinas: Reports

(QUEEN CITY NEWS) -- The Federal Trade Commission plans to file a lawsuit against corporate landlord Greystar, according to reports by the Wall Street Journal and Bloomberg. Greystar is the largest property management company in the U.S. and operates thousands of properties across the Carolinas. MORE: Renters hopeful after NC AG sues landlords accused of illegally raising rent According to the Wall Street Journal, the company is being accu…

2 months ago

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WBUR

Gov. Healey proposes shifting the responsibility for broker's fees to landlords

Gov. Maura Healey announced Monday that her upcoming budget proposal will include language to require broker's fees be paid by whoever originally hired the broker — usually the landlord.

2 months ago·Boston, United States

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Entrepreneur

The FTC Is Readying a Case Against the Largest U.S. Apartment Landlord. Here's Why.

The lawsuit is expected to deal with Greystar's hidden mandatory fees for tenants, which equaled up to hundreds of dollars per month added to rent.

2 months ago·San Francisco, United States

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OC Register

Apartment giant Greystar facing FTC lawsuit over misleading rental fees

The suit accuses the company of falsely advertising rental prices by failing to inform renters of numerous mandatory fees.

2 months ago·Orange County, United States

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WAGA

FTC plans to sue Greystar, manager of many metro Atlanta properties

The Federal Trade Commission plans to file a lawsuit against apartment management company Greystar, which manages thousands of apartments in metro Atlanta and Georgia.

2 months ago·Atlanta, United States

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Bloomberg

Greystar to Face FTC Lawsuit Over Misleading Rental Fees

Greystar is set to face a federal lawsuit as soon as this week over allegations the nationwide developer and manager of apartment buildings stuck renters with millions of dollars in hidden fees, according to people familiar with the probe.

2 months ago·United States

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