Inside the Massive Greystar-Riverstone Integration
News Article
July 29, 2014
In some ways, the Greystar–Riverstone marriage was rooted in the same family tree.
While June's landmark deal between the country's top two apartment managers sent the industry rumor mill buzzing with talk of an almost 400,000-unit management colossus with tentacles reaching into every major market, one of the under-the-radar aspects of the merger was the intellectual capital involved.
Bob Faith, CEO of Charleston, S.C.–based Greystar, had worked with key members of Riverstone's executive team at Trammell Crow before leaving to build his own empire. And he admired their ability to develop talent.
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While June's landmark deal between the country's top two apartment managers sent the industry rumor mill buzzing with talk of an almost 400,000-unit management colossus with tentacles reaching into every major market, one of the under-the-radar aspects of the merger was the intellectual capital involved.
Bob Faith, CEO of Charleston, S.C.–based Greystar, had worked with key members of Riverstone's executive team at Trammell Crow before leaving to build his own empire. And he admired their ability to develop talent.
To view entire article, click View Source below.