Greystar eyeing student, senior housing in NYC

Wednesday, March 30, 2016 | CHRISTIAN BRAZIL BAUTISTA

Greystar Real Estate Partners, which claims to be the largest operator of apartments in the country, is looking to expand its portfolio with projects that target underserved sections of the city’s rental market.

According to Bob Faith, Greystar’s chairman and CEO, his firm is currently searching for opportunities in student and senior housing, two sectors of the residential market that have been losing inventory as developers build more multi-million dollar condos.

“It’s not something that we’ve done yet in New York (student housing), but it’s something that we’re keeping an eye out for. We also have a product called Active Adult, which is 55 and over housing. Typically, it’s going to be in a more suburban location, you know, they can be in Long Island and New Jersey,” he said.

For entire article, click View More below.
Media Resources
View our PRESS KIT
Press Release Archives
  • Thursday, December 12, 2019
    Greystar Hires Akira Kosugi as Managing Director to Lead New Japan Office

    Read More

  • Thursday, December 5, 2019
    Greystar Unveils New Corporate Headquarters

    Read More

  • Wednesday, November 20, 2019
    Greystar Hires Moreo Rivera as Director of Development for University Partnerships

    Read More

  • Tuesday, November 5, 2019
    Greystar Announces $2 Billion Final Close for 10th U.S. Multifamily Value-Add Real Estate Fund

    Read More

  • Friday, November 1, 2019
    Stacy Hunt, Executive Director at apartment manager Greystar, on amenities, affordability and Airbnb

    Read More

View All Archives