The Greystar Story

Back in 1993, when Founder, Chairman, and CEO Bob Faith set out to build Greystar, he saw a highly fragmented multifamily industry that was more focused on assets than people. He envisioned the need for an industry leader, a blue-chip company that operated with the highest integrity and character in delivering world-class services to residents, property owners and investors in multifamily real estate. He said, “Why not us? Let’s go be that company.” With a winning strategy and a focus on people, Greystar set out to meet that need -- guided by the mission of enriching the lives of those we touch by doing things the right way.

Greystar has learned what’s important to people when it comes to a place to call home and the services that enhance the living experience. And that’s why we put our heart and soul into providing beautiful living environments. We’re thankful for this privilege and take deep pride in knowing that our homes are a place where residents celebrate life’s important moments with friends and family.

We’ve also put our heart and soul into building our company by hiring the best people in the business. “Our core values and our people are at the heart of everything we do,” says Bob. “Though times and technology may change, it all comes back to people, and it’s our people who’ve made Greystar the global multifamily housing leader.”

What Sets Us Apart

At Greystar, we care about our residents, clients, and partners -- and it shows. We didn’t set out to be the biggest, only to be the best. Our focus on people, genuine relationships, and shared values has created a unique and defining company culture.

Every day, we work together to make a difference. These interactions form a distinct experience that we’re known for, and that people have come to expect from Greystar, and we demand of ourselves.

Pillars of Excellence
  • People
  • Customer Satisfaction
  • Operational Excellence
  • Profitability
  • Growth
  • Community
Core Values
  • Integrity
  • Respect
  • Professionalism
  • Accountability
  • Service
  • Teamwork

Our Mission:

To Enrich the Lives We Touch by Doing Things the Right Way

We maintain a constant focus on our Pillars of Excellence, which are the foundation of everything we do -- from corporate decision making to resident relations. These measurable standards of success are part of how we are Redefining Excellence in Apartment Living. Our success is also based on our strict adherence to the Core Values that make up the backbone of Greystar. Together, these Pillars of Excellence and Core Values provide a roadmap for our decisions and a benchmark for our actions.

Company Overview Timeline

  • ALL
  • Business History
  • Property Management
  • Investment Management
  • Development and Construction
1993
Bob Faith Greystar Employee
Bob Faith starts Greystar (9,000 units under management)
1997
Derek Ramsey Greystar Employee
Derek Ramsey joins Greystar
1999
Andrew Livingstone Greystar Employee
Andrew Livingstone joins Greystar
1999
Bill Maddux Greystar Employee
Bill Maddux joins Greystar
2001
Wes Fuller Greystar Employee
Wes Fuller joins Greystar
2002
Icon of apartment building
50,000 units under management
2005
Scott Wise Greystar Employee
Scott Wise joins Greystar
2008
100,000 units under management
2008
Icon of apartment building
Greystar acquires JPI Management Services
2010
Icon of apartment building
Greystar acquires Glacier Real Estate Services
2010
Greystar Redefining Giving
Greystar launches philanthropic initiative, Greystar Giving
2011
NMHC Member Logo
Reaches No. 1 on NMHC Top 50 Managers list
2012
Avana Logo
Greystar Investment launches Avana brand
2012
Elan Logo
Greystar Development launches Elan brand
2012
NMHC Member Logo
Greystar reaches No. 1 on NMHC Top Developers list
2012
Greystar Redefining Green logo
Greystar launches sustainability initiative, Redefining Green
2013
200,000 units under management
2013
Greystar 20th Anniversary Logo
Greystar celebrates its 20th anniversary
2013
Mexico flag
Greystar expands into Mexico
2013
UK flag
Greystar expands into the United Kingdom
2014
400,000 units under management
2014
Icon of apartment building
Greystar acquires Riverstone Residential Group
2014
Overture Logo - 55+ Housing
Overture, the Greystar Development 55+ community brand, launches
2015
Netherlands flag
Greystar expands into the Netherlands

Laying the Groundwork for Success

Fortified with a smart business plan and the intent to bring world-class service to the multifamily
real estate industry, Greystar has grown from its start in Houston, Texas - with 9,000 managed
residences - to become a global leader.

When we founded Greystar in 1993, we did it with a clear idea of where the company would be in
5, 10, and even 20 years. Establishing a presence in desirable real estate markets and then staying
in those markets with property management experts is one part of the strategy that positioned
Greystar for growth. Developing strong investment and development divisions of the company was
another part that has allowed us to choose timely real estate projects while riding out the ups and
downs of the market. We also realized the importance of spotting trends on an international level,
but implementing them at the local level. Finally, we believed partners who have ownership in the
business are the best people to oversee each local and regional market. It’s an approach that has
allowed us to establish and maintain an entrepreneurial spirit that continues to attract high-quality
clients, investors and team members to the company.

Greystar will continue to redefine excellence in multifamily real estate through its unwavering
commitment to operational excellence and by investing in the most talented people in the industry.
These tenets have allowed us to become one of the largest and most respected companies.


 
Greystar Team Photo