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This website is for informational purposes only and does not constitute an offer, solicitation, or recommendation to sell or an offer to purchase any securities, investment products, or investment advisory services. This website and the information set forth herein are current as of May 25, 2025, and are not intended to provide investment recommendations or advice.

Greystar Closes On Land for Annapolis Town Center

Press Release July 10, 2025

Annapolis, MD – July 10, 2025 – Greystar, a global leader in rental housing, investment management, development, and property management, today announced the successful land closing for a new active adult development in Annapolis, Maryland.

The Annapolis Town Center project will be a 175-unit active adult community with a mix of one-, two-, and three-bedroom units. The five-story community will include a library room, club room, amenity kitchen, fitness & movement studio, pet spa, pool, and exterior courtyard.

"Our Annapolis Town Center project represents our continued commitment to delivering high-quality, thoughtfully designed communities for active adults,” said John Beinert, Senior Director for Greystar Development. “This location offers the perfect blend of walkability, convenience, and lifestyle amenities, and we’re proud to contribute to the growth and vibrancy of the Annapolis Town Center."

Located at 1900 Towne Center Boulevard, the 2.17-acre development site sits within Annapolis Town Center, home to over 50 retail stores and restaurants, including Whole Foods, LifeTime Fitness, and Tatte Bakery & Café.

The site provides convenient access to more than 557,000 square feet of retail, as well as major highways including US-50 and I-97, offering direct connectivity to Washington, D.C., downtown Baltimore, and Bethesda.

Construction is underway, with leasing anticipated to start in Spring 2026. First available units are scheduled for Fall 2026.

About Greystar
Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates approximately $320 billion of real estate in nearly 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages over 1,000,000 units/beds globally, and has a robust institutional investment management platform comprised of over $79 billion of assets under management, including $36 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.

Media Inquiries
Emma Mitchell
emma.mitchell@greystar.com

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