Greystar Hires Tyler Williams as Senior Director of Development to Grow Industrial Strategy
Houston – November 16, 2021 Greystar Real Estate Partners LLC (“Greystar”), a global leader in the investment, development, and management of rental housing properties, today announced that Tyler Williams has joined the company as Senior Director of Development to grow Greystar’s industrial presence in the Houston, Utah and Louisiana markets.
Today, Greystar is leveraging its vertically integrated platform and extensive local market knowledge to not only enhance its core business of rental housing but capitalize on strategic growth opportunities in the industrial space. Since the Spring of 2021, Greystar has secured over $1 billion worth of future industrial development projects including 8 million square feet of industrial space spanning 16 markets across the US. In May, Greystar closed on the acquisition of Thackeray Partners, a leading private real estate investment firm with expertise in rental housing and industrial asset management. Greystar has a well-established track record of acquiring and integrating strategic portfolios and real estate companies.
With over 15 years in the industry, Williams has a wealth of real estate experience including extensive experience in the industrial sector. Prior to joining Greystar, Williams held leadership roles with Holt Lunsford Commercial Investments and CT Realty, focused on industrial investments and developments. He holds a bachelor’s degree in finance from the University of Utah as well as a master’s degree in real estate development from Columbia University. Williams will report to Brian Herwald, Managing Director of Development.
“Over the past year, Greystar has seen significant momentum in the industrial sector and our strategic investments, such as the recent acquisition of Thackeray, are pivotal for expanding our footprint in the space,” said Herwald. “As we continue to grow our industrial portfolio across each market, Tyler’s deep industry background in industrial real estate will be key to Greystar’s strategic growth opportunities.”
“I’m pleased to join Greystar’s development team as the firm has made significant strides in growing its global industrial development opportunities,” said Williams. “I look forward to working with a team of forward-thinking individuals as we continue to tap into the industrial sector.”
Williams joins a team that is uniquely familiar with the complexities of identifying, entitling, developing, and constructing premier assets in the most desirable markets. Greystar is the market leader in rental housing and has more than 125 active development projects underway globally with $21 billion of Greystar’s $45.1 billion global assets under management representing active and completed development assets. In addition, the firm has 38,403 units constructed as a general contractor.
Greystar is a leading, fully integrated real estate company offering expertise in investment management, development, and management of rental housing properties globally. Headquartered in Charleston, South Carolina, Greystar manages and operates an estimated $220 billion of real estate in more than 210 markets globally including offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 748,000 units/beds, and has a robust institutional investment management platform with approximately $45.1 billion of assets under management, including over $21.3 billion of assets under development. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.
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