Greystar Receives GRESB Awards: Greystar fund named one of best by environmental, social performance tracker

Friday, October 7, 2016 | Jim Parker

A Charleston company’s $800 million investment partnership for buying “well-located” apartment communities throughout the U.S. earned a researcher’s pick as a private residential fund leader.

GRESB, described as a “leading data provider for environmental, social and governance performance” of real assets, highlighted Greystar Equity Partners VIII, L.P. as the 2016 “regional sector leader for private, residential funds in North America.”

Greystar Real Estate Partners, the largest apartment operator in the U.S., set up Greystar Equity Partners VIII as part of its “flagship” fund series to purchase institutional apartment villages in major markets “that present significant upside potential” through improvements in operations and in capital renovations, the company says.

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